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1867-S $20 Liberty Head Double Eagle PCGS AU58 (CAC)

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SKU
38519848

1867-S $20 Liberty Head Double Eagle PCGS AU58 (CAC)--$6,475.00

      We at AUCM offer with pride a rare Liberty double eagle: 1867-S PCGS AU58 (CAC). David Akers writes, "The 1867-S is very scarce in all grades....I have personally seen only one average quality unc and just a few AU's." This piece is a must-have for the collector putting together a full set of Liberty Head double eagles. It would also fit in a type set of scare and rare circulated gold coins.  Specimens are difficult to locate in AU55 and rare in AU58.

      The obverse of the $20 Double Eagle features a left-facing Liberty design influenced by Greco-Roman sculpture. A pearl-encrusted coronet inscribed with “Liberty” adorns her wavy hair, which flows down her neck. Thirteen stars that represent the original colonies/states surround her bust. The date is found below the image of Liberty. The reverse presents Longacre's exaggerated design, featuring a heraldic eagle, one that is quite different from eagles previously found upon our coinage. Dramatic rays emanate from the national bird, and a circle of 13 stars is found hovering over the eagle. Two contrived ribbons encircle the awkward creature, one of which the eagle holds firmly in its beak. The motto E PLURIBUS UNUM is split between the two ribbons. A federal shield is found on its breast and arrows and the ivy branch of peace are found, respectively, in its right and left talons. The inscription UNITED STATES OF AMERICA and TWENTY D. surround the bird at the coin's rim.

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This is a treasured issue by savvy numismatists. Despites its mintage of close to a million pieces, the 1867-S counts among the most challenging Type Two issues to find in a high grade. It is considered the number two rarest Type Two issue from the San Francisco mint.  Out of its mintage of 920,750, only 925 have been graded by PCGS. And of those, 89 are found with the AU58 grade, with 50 finer (as of 4/2021). The highest graded piece by PCGS is MS62. Plus, the desirable green CAC sticker gives this rarity even more numismatic cachet. This is a coin that the discriminating numismatist will enjoy for many years to come.

More Information
PCGS # 8952
Grading Service NONE
Year of Issue NONE
Grade NONE
Denom Type N/A
Numeric Denomination $20
Mint Location NONE
Designation NONE
Circ/UnCirc Not Specified
Strike Type N/A
Grade Add On NONE
Holder Type N/A

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