Goldberg Coins and Collectibles



Sale 42

Pre-Long Beach Coin and Currency Auction


$20 Gold
 
 
Lot Photo Description Realized
Lot 3405
1850 $20 Liberty. NGC graded MS-61 PQ. Delicate golden-orange toning on this Premium Quality coin. This is an important piece that has been preserved in Mint State condition. A great 1st year date with tremendous looks. The coin has an awesome aged gold look to it with only scattered marks, none distracting at all. Great luster, too, and of course superb eye-appeal. This is truly a wonderful coin for inclusion in an advanced collection. Pop 29; 42 finer, 30 in 62, 9 in 63, 1 in 64, 2 in 65 (PCGS # 8902) .
Estimated Value $12,000 - 13,000.
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Lot 3406
1852 $20 Liberty. PCGS graded MS-60. Old green holder. Nicely toned and well struck. A single tiny mark at the chin. Warmly toned but still satiny frost, the coin plainly original with its soft golden color through which brighter reddish gold radiance persists almost undiminished. A dampened impression one so often finds on No Motto twenties (from the weak rebound of the dies that made this denomination) is absent here; instead, rather than being halfhearted, this particular coin's design is boldly crisp. Pop 4; 52 finer; 17 in 61; 24 in 62; 7 in 63; 4 in 64. (PCGS # 8906) .
Estimated Value $3,000 - 3,200.
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Realized
$6,038
Lot 3407
1852 $20 Liberty. PCGS graded AU-53. Sharply struck and lightly toned with luster throughout the main devices. This is the third year of issue of the Type 1 No Motto design (PCGS # 8906) .
Estimated Value $800 - 900.
Ex Superior's Dec. 1972 Auction, lot 2048.

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$1,093
Lot 3408
1853 $20 Liberty. PCGS graded AU-58 PQ. Light golden toning and well struck. Very choice for the grade. Gorgeous, frosty surfaces put on a show with their abundant light gold iridescence, the overall appearance greatly reinforced by its freedom from bagmarks. Regarding this date it is one of the most affordable dates in the Type 1 group (1850-66). Pop 53; 31 finer. (PCGS # 8908) .
Estimated Value $1,700 - 1,900.
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$8,050
Lot 3409
1853 $20 Liberty. PCGS graded AU-53. A hint of delicate golden toning adds to its appeal. More than ample luster throughout (PCGS # 8908) .
Estimated Value $900 - 1,000.
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Realized
$1,438
Lot 3410
1853 $20 Liberty. PCGS graded AU-55. Delicate golden toning highlights the devices. There's no reason to get melodramatic about this double eagle other than to say it is attractive enough to go into just about any high quality U.S. Gold Type Set (PCGS # 8908) .
Estimated Value $900 - 1,000.
Ex Superior's Dec. 1972 Auction, lot 2050.

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Realized
$1,208
Lot 3411
1853-O $20 Liberty. NGC graded AU-58. Nice golden toning. Only 71,000 struck. Lovely reddish-gold surfaces are virtually free of the usual small, scattered abrasions and therefore retain generous glimpses of original luster, especially on the reverse. Although there is a noticeable break in luster on the highpoints and exposed fields, one look at the frosty surfaces and the collector recognizes that this is no johnny-come-lately AU example. The striking details are carefully executed inside and out with the overall eye appeal being first-rate. It is not that often that we see such a coin

The 1853-O isn't a glamour issue among New Orleans Twenties like the 1854-O or 1856-O, yet nevertheless in this condition is among the more prized specimens in the entire series. The original mintage was low for the day, yet even this production does not fully convey the coin's heavy attrition in circulation. In the end, this attractive AU58 representative holds a solid claim to being one the finest known examples in its grade classification. Pop 33; 3 in 61, 2 in 62 (PCGS # 8910) .
Estimated Value $13,000 - 15,000.
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Realized
$17,825
Lot 3412
1854-S $20 Liberty. Sharpness of MS-63. Light scratches. Found years ago from a shipwreck, this has splendid mint color and a very sharp strike on all devices. Relics from the sunken steamship S.S. Yankee Blade were salvaged by divers around 1977, and at least 200 to 250 specimens of 1854-S gold $20 coins are believe to have been found (although no exact figures have been released). As is often true of treasure salvage situations, little factual information is forthcoming; most of the coins have seawater effect from years of immersion in the salty brine (PCGS # 8913) .
Estimated Value $3,000 - 3,300.
Ex: The Brentwood Park Estate.

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Lot 3413
1857-O $20 Liberty. NGC graded AU-58. Lovely golden toning with reflective surfaces. Low mintage of 30,000 struck. Very difficult date to find in high grade. The 1857-O is one of the rare New Orleans double eagles (only 12 different dates occur from this Southern mint). What's more, it is high on the list in terms of overall rarity as well as so-called grade rarity. In this regard it compares favorably with the 1858-O in very high grades such as AU58, although is perhaps slightly more approachable.

Both sides show ample prooflike reflectiveness, such that when first struck this little beauty must have been the belle of the ball! Mention must be made of a few circulation marks on both sides, but small and typical they are for this grade level. To reiterate, among double eagles the New Orleans issues are especially difficult to find. No doubt this attractive 1857-O will be acquired by a skilled practitioner in the series. Pop 26; 2 in 60, 1 in 62 (PCGS # 8921) .
Estimated Value $16,000 - 18,000.
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Realized
$22,425
Lot 3414
1857-S $20 Liberty. PCGS graded MS-64. Well struck and from the SS Central America ship wreck. No info on the holder about the ship wreck. Aesthetically tempting, as fine a looking '57-S twenty of this grade with full strike as you are apt to see, and all the while saturated with bright golden bloom, little in the way of toning, and that mainly hugs the rims. The devices were struck smack on the dot at the required force by the dies leaving all design elements plain and clear-cut, with not even an iota of weakness as found on some Type 1 examples parading around in the same numerical grade.

More than 5,400 Mint State 1857-S double eagles were salvaged from the wreck of the S.S. Central America, lost at sea in a hurricane on September 12, 1857. These and other numismatic items electrified the numismatic community when the discovery was made. In short order, all the $20 gold pieces were sold, realizing per reports, in excess of $100 million.

Prior to the treasure find, the 1857-S $20 was known to be a plentiful coin in such grades as Very Fine, Extremely Fine, and About Uncirculated, but elusive in Mint State, most of the latter being in lower ranges with dullish luster, unlike the present coin's dazzling appearance (PCGS # 8922) .
Estimated Value $7,000 - 7,500.
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Realized
$8,050
Lot 3415
1857-S $20 Liberty. PCGS graded AU-55 PQ. Well struck and loaded with light golden luster. A premium Quality Coin for the given grade (PCGS # 8922) .
Estimated Value $1,000 - 1,050.
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Realized
$1,680
Lot 3416
1858 $20 Liberty. PCGS graded MS-61. Well struck with lovely golden toning. Choice for the grade. There are thousands of collectors who would like to own an 1858 double in Mint State, but few examples are available for sale. The appended census figures at the end of this description show this starkly. 1858 has the lowest mintage of any Philadelphia mint Type One twenty: 211,714 pieces. This specimen displays medium yellow gold; the obverse and reverse surfaces are satiny and smooth in most places with a lovely overlay of pale orange toning. In addition, no copper spots are seen either side, with the few contact marks being widely scattered about and in unimportant areas. Struck on a perfectly formed planchet, the coin displays bold relief in all areas on both sides and from center to periphery. Few this fresh have sold at auction in the past decade. Pop 5; 5 in 62, 5 in 63 (PCGS # 8923) .
Estimated Value $8,000 - 9,000.
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Realized
$10,925
Lot 3417
1860 $20 Liberty. NGC graded AU-58. Light even toning. A mark on the eyebrow, another below the eye. Smooth lustrous appearance everywhere else, with grand eye appeal. Force of will and an active bidding stance will work the cure by supplying a collector with this handsome 1860 double eagle (PCGS # 8929) .
Estimated Value $1,400 - 1,500.
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Realized
$1,898
Lot 3418
1861 $20 Liberty. PCGS graded AU-53. A frosty example with plenty of mint luster. Desirable No Motto Type 1 coin (PCGS # 8932) .
Estimated Value $900 - 1,000.
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Realized
$1,265
Lot 3419
1861 $20 Liberty. ANACS graded AU-55. Well struck and loaded with luster, upwards of 40% to 50% coverage on notably choice surfaces. We note one nick on Liberty's jaw that can be used when tracing its provenance in the future. We like the given grade.
Estimated Value $750 - 800.
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Realized
$1,093
Lot 3420
1862-S $20 Liberty. NGC graded MS-60. Untoned reddish gold luster with a few light bagmarks on the face and in the fields. This is a very sharply struck example with frosty surfaces. Only a few very minor abrasions are noted, consistent with the MS60 grade. While not great rarity in comparison to other dates in the 1860s, this is nevertheless an elusive double eagle. The 1862-S issue was struck using a four-digit logotype for the date, and all seen employ a medium S mintmark. The importance of the Gold Standard in the 19th century has been more or less forgotten now that we are closing in on 75 years since President F. D. Roosevelt took away the gold backing from America's money. Three generations of Americans have grown up unfamiliar with gold coins in their pockets. All we have today are these few handsome $20 gold pieces as memories which would otherwise be as dim as those of the political figures who strutted for a time across the stage in that bygone era. Pop 5; 27 finer, 13 in 61, 12 in 62, 2 in 63 (PCGS # 8938) .
Estimated Value $6,500 - 7,000.
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Realized
$8,338
Lot 3421
1863-S $20 Liberty. NGC graded MS-60. Lightly toned on both sides. This conditionally rare early S-mint $20 is brilliant with frosty gold surfaces. Normal bagmarking for the grade is expected. Impressive however is the strike, which we find is almost free of censure, being sharp in many areas. Meticulously struck details are rare on this issue. That said, this coin doesn't quite make the "full" grade on some of the hair curls above Liberty's ear and at the back of the head. Also, the stars are soft, possibly from the die being worn. We are pleased to report that the eagle has excellent detail. It must have been struck from a fresher reverse die to explain this. To sum things up, the numerical condition, the most important aspect, is faithful to the standards for MS60 and obviously all grading criteria were carefully weighed by the grading service.

For one brief period in the middle 19th century, all eyes turned to the Golden State of California and its celebrated Gold Rush. The San Francisco Mint began operations in 1854, producing millions of double eagles over the years. However, in the 1860s, many if not most pieces circulated heavily, which is why frosty Mint States like this piece attract a lot of attention. Pop 10; 46 finer plus the Brother Jonathan coins (PCGS # 8940) .
Estimated Value $4,500 - 5,000.
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Realized
$5,865
Lot 3422
1863-S $20 Liberty. AU-50. Lightly cleaned. A very attractive example of a coin usually seen only in well worn grades.
Estimated Value $900 - 1,000.
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Realized
$1,438
Lot 3423
1864-S $20 Liberty. EF-40. Lightly toned with some minor scattered marks about; lightly cleaned.
Estimated Value $700 - 750.
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Realized
$834
Lot 3424
1865-S $20 Liberty. AU-53. Some luster in the fields and throughout the main devices, with lighter than average surface abrasions. An attractive example of the Type 2 motif.
Estimated Value $800 - 850.
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Realized
$1,610
Lot 3425
1866 $20 Liberty. With motto. AU-55. Moderate abrasion on both sides. Plenty of detail with luster still present in the protected areas.
Estimated Value $900 - 950.
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Realized
$1,610
Lot 3426
1867 $20 Liberty. PCGS graded MS-62 PQ. Lovely original orange and golden toning on this Premium Quality coin. A fair number of bright Mint State (if somewhat baggy) 1867 double eagles turned up in the marketplace more than 40 years ago. This coin is the born leader of its group in MS62 condition, with the luster organized around pinkish golden color deep with frostiness. Pop 30; 1 finer in 63 (PCGS # 8951) .
Estimated Value $5,000 - 5,500.
Ex: The Brentwood Park Estate.

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Realized
$7,763
Lot 3427
1867 $20 Liberty. NGC graded AU-58. Light to moderate bag marks but more than made up for by the extensive prooflike flash and sparkle of the underlying surface. Pinkish gold luster gleams from within the devices of Liberty and the eagle (PCGS # 8951) .
Estimated Value $1,400 - 1,500.
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Realized
$2,588
Lot 3428
$20 Liberty. 1869-S. VF-25. Gorgeous copper toning on both sides with traces of luster. Minor handling marks.
Estimated Value $550 - 575.
From the Benson collection and purchased from an unknown source in the 1940s.

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Realized
$748
Lot 3429
1872-CC $20 Liberty. PCGS graded AU-58. Intensely lustrous, frosty and bright, enough in fact to qualify as strictly Mint State in the opinion of many we suspect. We do note several moderate marks in the unprotected areas which probably influenced the graders at PCGS. Nonetheless, a very high grade example that ranks high within the condition consus for the date. The 1872-CC is a scarce CC date in the Liberty $20 series with an original mintage of only 26,900 pieces. It is slightly more available than the 1870-CC and 1871-CC, yet is unquestionably one of the keys to the CC-mint group. Very few Mint States have been certified. Due to market pressures, these tend to be out of reach of all but the most resolute buyers. Pop 27; 2 finer in 60 (PCGS # 8964) .
Estimated Value $17,000 - 18,000.
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Realized
$21,850
Lot 3430
  1873 $20 Liberty. Open 3. PCGS graded MS-63. A beauty displaying rich golden mint colors. The surfaces exhibit far fewer abrasions than usually seen on this issue. Sun-fresh golden color, in fact, indeed glowing with gold satin luster like few others we have been handed to sell in one of our sales. A coin fully radiant with a near-perfect strike. It is easy to see this piece was delivered a hard blow by the dies, or as some researchers believe, the dies were nearly new and carefully set in the equipment to impart the requisite force, and which imparted their sharpness to the struck planchet. Pop 112; 5 finer, 4 in 64, 1 in 65 (PCGS # 8967) .

The shift from the Closed 3 to Open 3 dates in all denominations was due to the following criticism by A. Louden Snowden, Chief Coiner, addressed to James Pollock, Director of the Mint, dated January 18, 1873:

"I desire in a formal manner to direct your attention to the 'figures' used in dating the dies for the present year. They are so heavy, and the space between each so small that upon the smaller gold and silver, and upon the base coins it is almost impossible to distinguish with the naked eye, whether the last figure is an eight or a three. In our ordinary coinage many of the pieces are not fully brought up, and upon such it is impossible to distinguish what is the last figure of this year's date. I do not think it is creditable to the institution that the coinage of the year should be issued bearing this defect in the date. I would recommend that an entire new set of figures avoiding the defects of those now in use, be prepared at the earliest possible day.
Estimated Value $8,000 - 8,500.
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Lot 3431
1873 $20 Liberty. Open 3. PCGS graded AU-58. A pleasing untoned example with the usual assortment of light contact marks (PCGS # 8967) .
Estimated Value $700 - 725.
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Realized
$805
Lot 3432
1873-CC $20 Liberty. PCGS graded MS-63. PCGS #06577527. Lovely orange and golden toning. A wonderful coin. Only 22,410 struck. A boldly struck example of the rare Carson City Mint issue of 1873, a coin that exhibits lovely rose to reddish gold patina and has rolling "cartwheel" luster from center to periphery. A few blemishes are limited to three separated marks at Liberty's cheek. Also, there is some moderate abrasion on the reverse rim near 7 o'clock. In days gone by, these $20 gold pieces weren't collected as numismatic items but were used simply and exclusively as bullion for payment of goods and services rendered or due. For some strange reason, this piece remained uncirculated. How and why are best left to those who can read crystal balls, like the clumsy bobble-eyed Divinations witch in the Harry Potter stories! Pop 1. Finest graded at either service (PCGS # 8968) .

Everybody in numismatics is aware of how difficult this date is to find. It turns out that 1873-CC was a very rare year for any coin denomination from Carson City. Collectors universally proclaim its importance. But what do we know of the year itself? Without some historical point of view, what is this, after all, but just another rare coin? Yet the '73-CC is a lot more than that. President Ulysses S. Grant was in his final term as President, struggling with the issues of Reconstruction in the East and South, fending off scandals in his administration, and having to come to terms with a sharp, hard Panic in the summer and fall of 1873. It was the age of rogues called Carpetbaggers. Railroad tycoons were picking the pockets of the unsuspecting taxpayers. President Grant probably already had the cancer which would end his life in 1885 -- one of the ravages of the war he had helped the Union to win. For numismatists today, of course, this important year signaled the passage of the Coinage Act of 1873, in which hard-money gold currency advocates of the time convinced Congress to demonetize silver. This, of course, was the reason Carson City would coin no silver dollars the next year (although the new Trade dollar would take its place in the coining presses, it was rarely in use in America itself but was for Asian export only). In the Western third of the country, which concerns us most here, railroads were snaking across the landscape. The year before (1872) a deadly plague attacked horses, killing or sickening millions of them (the long-forgotten Great Epizootic of 1872 as it was called back then). The invention of barbed wire was still a year off (1874) and the Indian Wars occupied the energies of William Tecumseh Sherman of the U.S. Army, a butcher to the last drop, which would soon engender blowback in the personage of a remarkable Native American commander who called himself Crazy Horse (1876). Verily, 1873 was a busy year! Place this 1873 Carson City double eagle rarity against those realities. It's a "real" coin, and not only part of a remarkable heritage -- but also a palpable image of the times themselves. To paraphrase a line from Indiana Jones: this coin isn't just passing through history, it IS history!
Estimated Value $115,000 - 125,000.
Ex Texas Collection.

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Realized
$138,000
Lot 3433
1873-S $20 Liberty. Open 3. PCGS graded AU-50. Untoned with reflective surfaces. The San Francisco Mint issue in 1873 is several times scarcer than the more-often seen 1873 Philly mint. Pop 40. (PCGS # 8979) .
Estimated Value $1,300 - 1,400.
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Realized
$1,725
Lot 3434
1875 $20 Liberty. PCGS graded MS-61. A frosty untoned example with lovely pinkish gold toning. Lustrous throughout (PCGS # 8973) .
Estimated Value $825 - 875.
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Realized
$1,323
Lot 3435
1875-CC $20 Liberty. AU-58. Lightly toned with some faint obverse hairlines noted under magnification. Minor central weakness as almost always seen. A lustrous CC-mint twenty.
Estimated Value $1,400 - 1,500.
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Realized
$1,898
Lot 3436
1875-S $20 Liberty. PCGS graded AU-58 PQ. Bright and lustrous and Premium Quality for the grade, the luster approaches 80 or 90 percent. The reverse, as typically found on the more desirable Type 2 design, protects the luster better than the obverse, where the fields are more open to field-contact (PCGS # 8975) .
Estimated Value $700 - 725.
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Realized
$863
Lot 3437
$20 Liberty. 1876-S. VF-30. Cleaned with the resulting hairlines during more careless times.
Estimated Value $550 - 575.
From the Benson collection and purchased from an unknown source.

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Realized
$748
Lot 3438
1876-S $20 Liberty. NGC graded MS-63. Lovely light golden toning on both sides. A Nice example. A thrilling example of this always-popular Type 2 design. This exceptional coin is untoned and very nicely struck; but best of all it billows forcefully with frosty golden luster. There is little in the way to report of bagmarks. They are very few and deserve no mention. Having covered the mint bloom, we take stock of the coin's detail. Clockwork precision seen in the stars, hair waves, and intricate eagle point to it having been carefully struck and just as carefully handled in the century and a third since it was minted. Liberty's frosty cheek is almost as fresh, almost as pinkish bright as when first issued. This, by the way, is America's centennial year, 1876, which improves the collectability immeasurably. A week or two of ownership and the aching emptiness one felt before acquiring such a coin will be replaced by an eagerness to show it around to relatives and associates. The coin is set in an NGC grading holder, all nicely protected and garnished for the long journey into the future. Pop 59; 11 finer, 9 in 64, 2 in 65 (PCGS # 8978) .
Estimated Value $8,500 - 9,000.
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Realized
$8,625
Lot 3439
1876-S $20 Liberty. MS-60. Some reverse spots but otherwise light pinkish-gold luster throughout. Type 2 design of 1866-76 with the motto IN GOD WE TRUST on the reverse for the first time on a $20 gold piece.
Estimated Value $700 - 725.
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Realized
$891
Lot 3440
$20 Liberty. 1877-S. VF-35. Average for the grade.
Estimated Value $550 - 575.
From the Benson collection and purchased from Wilkes for $36.00 in the 1940s.

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Realized
$780
Lot 3441
1878-S $20 Liberty. PCGS graded MS-62. Mostly untoned. A difficult date to find in this grade and frosty, despite normal bagmarks. Well struck in all areas. Pop 90; 6 in 63, none finer at PCGS (PCGS # 8987) .
Estimated Value $3,300 - 3,500.
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Realized
$4,313
Lot 3442
1879-S $20 Liberty. PCGS graded MS-62. Well struck and mostly untoned. A few obverse field marks otherwise a point better. Rare in choice Uncirculated. Radiant and exhibiting little if any color other than light pale pinkish gold, the natural beauty of the 90% gold, 10% copper alloy. In short, a winning example of this much scarcer early date S-mint issue. The Type 3 design (with TWENTY DOLLARS fully spelled out on the reverse) appeared for the first time in 1877. Nominally, gold double eagles rarely circulated, except West of the Rocky Mountains. In the more populated Eastern sections of the country, their use was mainly as backing or reserves at the nation's banks, or for use in transactions with Europeans, the Orient trade, or with South American business interests. Millions were exported, to be later melted. All too few 1879-S double eagles exist now in fresh Mint State condition like the coin offered in this lot. A true find for the collector. Pop 45; 3 in 63, and 1 in 64 (PCGS # 8991) .
Estimated Value $8,000 - 9,000.
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Realized
$9,775
Lot 3443
1879-S $20 Liberty. PCGS graded AU-58. Light bag marks and a nice strike (PCGS # 8991) .
Estimated Value $700 - 725.
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Realized
$748
Lot 3444
1881-S $20 Liberty. PCGS graded MS-62. Nice bold strike with light toning. A beautiful, frosty-gold specimen, there is a pleasing lack of deep bagmarks on either side, just the usual run of lighter bank-handling abrasions. Pop 91; 16 in 63, 1 in 64 (PCGS # 8995) .
Estimated Value $2,500 - 2,800.
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Realized
$3,335
Lot 3445
1883-S $20 Liberty. PCGS graded MS-63. Nice original pinkish to rose golden color on both sides. A very nice coin. Desirable with this meticulous strike and always a date that is difficult to find choice. Pop 137; 9 in 64 (PCGS # 9000) .
Estimated Value $7,000 - 7,500.
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Lot 3446
1884-CC $20 Liberty. PCGS graded AU-58. A frosty untoned coin with close to 90% mint bloom residing on both sides. Not only is there luster within the devices (this can be found on a lesser AU-quality coin) but the luster spreads throughout the open areas, the fields where any abrasion first shows disturbance in the frost. A popular, affordable CC-mint date (PCGS # 9001) .
Estimated Value $2,000 - 2,200.
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Realized
$2,875
Lot 3447
1884-CC $20 Liberty. NGC graded AU-55. Popular "CC" mint Double Eagle (PCGS # 9001) .
Estimated Value $1,700 - 1,800.
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Lot 3448
1888-S $20 Liberty. PCGS graded MS-64. Lovely golden toning on both sides. A nice looking, low-population coin. San Francisco mint twenties struck in the 1900s are easy to find; those from the 1890s, while less common, can be located without too much effort, but among the scarcest in Mint State grade are the elusive dates in the 1880s, the era of Tammany Hall politics and rapid expansion in the mighty railroads, steel mills, textile factories, oil cartels and other banking and industrial centers of 19th century America. This handsome 1888-S has what it takes to meet or exceed the stiff grading standards for MS64 quality: booming luster, vibrant color, uncleaned originality, and sharp devices sure to impact the viewer or next owner of this piece. It is with an exalted frame of mind that we direct your attention to it in the hopes of receiving your bid. Pop 41; none finer at PCGS (PCGS # 9009) .
Estimated Value $7,000 - 8,000.
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Realized
$8,050
Lot 3449
1888-S $20 Liberty. PCGS graded MS-63. Attractive reddish-golden mint bloom colors. Devices were struck with the primary care required to impart the design to the outer areas such as the stars, as well as enough vigor by the dies to impart clear-cut centers. This is a not well-known trait of dates in the 1880s, but it is noticeable here! Pop 285; 41 finer in 64 (PCGS # 9009) .
Estimated Value $3,000 - 3,200.
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Lot 3450
1889-CC $20 Liberty. PCGS graded AU-55. Untoned with plenty of mint luster intact. Popular Carson City date, this year saw the reopening of the Mint at Carson, Nevada after a three-year gap in production. Only 30,945 pieces struck (PCGS # 9011) .
Estimated Value $2,200 - 2,400.
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Realized
$2,415
Lot 3451
1890-S $20 Liberty. PCGS graded MS-63. Nice light golden toning. Housed in an old green holder. Two little marks at the eyebrow and a slight graze in the luster of the field behind the head. Also, there is a thin line in the hair below LIBERTY. Bright gold surfaces with a change to more subtle pinkish color as an "aura" around Liberty that is also present in the reverse center. It doesn't take being an optimist to know that this piece will attract a lot of bidding activity. Since Fate is not a blind dispenser at random of gifts, it's best to prepare for strong bidding competition. Pop 125; 16 in 64, 1 in 65 (PCGS # 9015) .
Estimated Value $4,000 - 4,500.
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Realized
$7,188
Lot 3452
1891-S $20 Liberty. PCGS graded MS-64. Nice golden toning on both sides. Gold-on-gold satin frost is boldly hypnotic on this fresh-appearing '91-S double eagle. Putting aside the luster for a moment, on to the strike. Here too, it is easy to see this piece received a full, sharp blow by the dies with excellent detail throughout. Pop 67; none finer at PCGS (PCGS # 9018) .
Estimated Value $4,000 - 4,500.
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Realized
$4,025
Lot 3453
1892 $20 Liberty. PCGS graded MS-61. A very rare date. Well struck with light bag marks. Only 4,523 minted. This is a pleasing, highly lustrous coin with only a few grade-limiting luster grazes and signs of contact. The business climate in 1890 to 1896 was one of stress lessening to malaise for the most part, hence 1892's low mintage; although long term, America's wealth and power continued on its upward trajectory in the 1890s decade. Gold was the lubricant of commerce in those days, the monetary base upon which all business transactions around the world were conducted. Most people back then who either from choice or necessity knocked about the world for any length of time were fully aware of the fact that Double Eagles were America's premier gold coins at the time. They were recognized worldwide. Pop 8; 7 in 62, 3 in 63, 2 in 64 (PCGS # 9019) .
Estimated Value $5,000 - 5,500.
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Realized
$9,200
Lot 3454
1892-S $20 Liberty. PCGS graded MS-64. Light even gold toning. Sharply struck. Both sides are saturated in soft, downy brilliance that accentuates the ample remaining luster. A blunt impression is sometimes left following the recoil of the dies that struck this year's double eagles; just the same, we can report that this specimen, far in advance of the others, is outstanding in its detail and sharpness. A coin that will awaken the collector interest in every buyer of choice, rare gold! Pop 69; 1 in 65 (PCGS # 9021) .
Estimated Value $5,500 - 6,000.
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Realized
$6,095



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