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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 6029

Starting price: 1 USD
Price realized: 12 000 USD
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Liberty Double Eagles
1871 $20 MS61 ★ NGC. Garrett and Guth offer an excellent capsule summary of the 1871 twenty in their Encyclopedia of U.S. Gold Coins:

"This date has the lowest mintage of any Philadelphia Type 2 double eagle. It is scarce in all grades, with the average survivor rating Very Fine or Extremely Fine. Most are heavily abraded or harshly cleaned. ... Mint State specimens are very rare and seldom seen."

While this coin has moderate to heavy abrasions across each side, it is also remarkably appealing, as suggested by the Star designation. Luster is the key, as both obverse and reverse fields offer pale yellow-gold reflectivity. The well-struck obverse also shows a touch of frostiness. NGC has graded just four numerically finer examples, and this piece is the only Star-designated coin in any grade (11/16).
Ex: Houston Signature (Heritage, 12/2010), lot 4618.
From The Renz Family Collection of $20 Gold Coins.
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