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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 5997

Starting price: 1 USD
Price realized: 30 000 USD
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Liberty Double Eagles
1859 $20 MS61 NGC. Remarkably, it has been 12 years since we offered a Mint State example of the 1859 double eagle. In fact, in the past 20 years, this is just the fourth appearance of an Uncirculated 1859 twenty in a Heritage auction. Several Type One Liberty Head double eagles are equally rare (or moreso) in Mint State -- most of the early O-Mint twenties, as well as the 1866-S No Motto -- yet the 1859 Philadelphia issue should be included in the same conversation. It is conceivably the most underrated of any of those dates and mints. We are challenged to name one major Liberty Head gold collection in recent memory that had a Mint State circulation strike 1859 twenty.
Nor have we seen this exact coin before in one of our auctions. It offers delightful orange-gold color and excellent eye appeal. The strike is sharply rendered. Vibrant cartwheel luster flashes from both sides creating undeniably strong eye appeal. Abrasions are frequent but light on the semireflective surfaces. A few minor nicks on the reverse rim to not diminish the visual impact of this rare offering. It is a coin destined for an advanced double eagle collection of the highest order. Census: 3 in 61, 1 finer (10/16).
From The Renz Family Collection of $20 Gold Coins.
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