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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 6011

Starting price: 1 USD
Price realized: 33 000 USD
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Liberty Double Eagles
1864 $20 MS62 PCGS. The 1864 twenties are scarce-to-rare in all grades, but especially in Mint State despite the recovery of 42 examples from the S.S. Republic shipwreck. Sunk in deep water off the coast of the Carolinas in October, 1865, the S.S. Republic was located by Odyssey Marine Exploration in 2003. The present coin is housed in a blue-label holder with barcode (in use by PCGS from 2002 through early 2005), suggesting the current example may (or may not) be a recovery coin. Prior to the seawater recoveries, the 1864 was extremely rare in Mint State. Just 204,285 pieces were struck.
This coin is frosty and lustrous with sun-gold color and orange accents. The strike is needle-sharp throughout both sides, with die cracks visible beneath the date and through most of the reverse legend. Small marks exist but they are minor and well-scattered over the smooth and pleasing surfaces. An important Civil War-era issue, seldom offered in Uncirculated condition. Population: 9 in 62, 4 finer (10/16).
From The Renz Family Collection of $20 Gold Coins.
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