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ANA Signature US Coin Sale 1258  2-6 Aug 2017
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Lot 4198

Starting price: 1 USD
Price realized: 8500 USD
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Liberty Double Eagles
1863-S $20 MS61 PCGS. Small S mintmark. U.S. paper money fell into distrust during the Civil War, and while the West Coast economy was less affected by the war than its eastern counterparts, gold was the preferred medium of exchange both locally and in foreign trade. As a result, the 1863-S is one of those double eagles that was much rarer 100 years ago than it is today. Salvage of the Brother Jonathan shipwreck played a large part in bringing high-grade examples of this San Francisco issue newly to market, as did some European repatriations. Almost assuredly this coin is one of the late arrivals on the numismatic scene.
Full mint luster imbues attractive, sun-gold color with a bright glow across the pleasing surfaces of this Mint State twenty. Only a few light bagmarks dot the surfaces. The strike, while not full, is sharp enough, and it is especially bold on the reverse. The eye appeal is excellent. Population: 33 in 61, 25 finer (6/17).

HID02901242017
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