Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Liberty Double Eagles
1885 $20 AU55 NGC. CAC. In the 2015 Mike Fuljenz Double Eagles reference, the comment is made that the 1885 is "clearly a rare issue, but it seems a bit more available in mint-state than one might assume, given its minuscule production." Still, from the tiny mintage of 751 pieces, he estimates only 90-100 examples survive today in all grades. The largest distribution by grade is in XF45 to AU55 condition. To date (10/16), 104 submission events have been recorded by both services combined. Numerous resubmissions are included in the numbers certified, as there is a considerable economic incentive for an increase in grade, even if it is just one level.
This example displays the bright, reflective fields expected from business strikes, but lacks the depth of mirroring on a proof. Each side showcases rich, reddish-gold color, and there are few marks that would aid in tracing the pedigree of this important coin. One is a bit of faint residual grease in the area of the 188 of the date, and a milling mark at the top of Liberty's hair is another. The collector of Liberty double eagles has few opportunities to acquire this ultra rarity, especially in Choice About Uncirculated with CAC endorsement. Census: 5 in 55, 31 finer. CAC: 1 in 55, 7 finer (10/16).
Ex: The Henry Miller Collection (Heritage, 1/2011), lot 5270.
From The Renz Family Collection of $20 Gold Coins.
1885 $20 AU55 NGC. CAC. In the 2015 Mike Fuljenz Double Eagles reference, the comment is made that the 1885 is "clearly a rare issue, but it seems a bit more available in mint-state than one might assume, given its minuscule production." Still, from the tiny mintage of 751 pieces, he estimates only 90-100 examples survive today in all grades. The largest distribution by grade is in XF45 to AU55 condition. To date (10/16), 104 submission events have been recorded by both services combined. Numerous resubmissions are included in the numbers certified, as there is a considerable economic incentive for an increase in grade, even if it is just one level.
This example displays the bright, reflective fields expected from business strikes, but lacks the depth of mirroring on a proof. Each side showcases rich, reddish-gold color, and there are few marks that would aid in tracing the pedigree of this important coin. One is a bit of faint residual grease in the area of the 188 of the date, and a milling mark at the top of Liberty's hair is another. The collector of Liberty double eagles has few opportunities to acquire this ultra rarity, especially in Choice About Uncirculated with CAC endorsement. Census: 5 in 55, 31 finer. CAC: 1 in 55, 7 finer (10/16).
Ex: The Henry Miller Collection (Heritage, 1/2011), lot 5270.
From The Renz Family Collection of $20 Gold Coins.