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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5996

Starting price: 1 USD
Price realized: 11 000 USD
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Liberty Double Eagles
1858-S $20 MS61 NGC. A copious mintage of 846,710 Liberty double eagles was accomplished at the San Francisco Mint in 1858. Like most Type One twenties, the 1858-S circulated widely at the time of issue and most examples seen are in lower circulated grades, with heavily abraded surfaces. Unlike earlier S-mint twenties, the 1858-S was minted too late to be preserved in the treasure of the S.S. Central America, but 68 examples were recovered from the wreck of the S.S. Republic, mostly in AU grades. Since few examples were saved for numismatic purposes, the 1858-S is rare in MS61 condition, and finer coins are virtually unobtainable.
The coin offered here is a rare MS61 specimen, with sharply detailed design elements that show full radials on all obverse stars. The yellow and rose-gold surfaces exhibit the expected number of scattered, minor contact marks for the grade and both sides radiate vibrant mint luster. Overall eye appeal is outstanding. Census: 16 in 61, 1 finer (11/16).
From The Casady Collection.
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