Goldberg Coins and Collectibles



Sale 51

Pre-Long Beach Coin and Currency Auction


$20 Gold
 
 
Lot Photo Description Realized
Lot 1593
1850 $20 Liberty. NGC graded VF-20. Always in demand as our first regular issue Double Eagle. Mint engraver James B. Longacre designed the Liberty double eagle. His initials JBL in tiny letters can be found on the neck truncation (PCGS # 8902) .
Estimated Value $950 - 1,000.
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Realized
$1,150
Lot 1594
1851 $20 Liberty. PCGS graded MS-62. Well struck and untoned. Semi reflective surfaces. Likely a first strike from new dies, just estimating from the details and the reflective quality of the fields. The surfaces are vivid brilliant gold in hue and drenched in luster, while the facial profile of Liberty is in stark relief and nicely capped off by smooth satiny frost. This gives a gentle two-tone appearance. In addition, the coin possesses a nice, clear-cut strike for all areas with outstanding detail at the hair and eagle; only a few stars at the top are less well impressed by the dies. There is a short mark below the eye as well as one or two very minor marks in the reverse field that require no further mention. A handsome early Type 1 No Motto twenty. Pop 46; 13 finer; 11 in 63; 2 in 64. (PCGS # 8904) .
Estimated Value $9,000 - 11,000.
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Unsold
Lot 1595
1851 $20 Liberty. NGC graded EF-45. Toned. Until the U.S. Mint at San Francisco was opened for coinage in 1854, a great deal of the bullion mined in the West was transported to Philadelphia for coinage into double eagles like this still-lustrous example (PCGS # 8904) .
Estimated Value $950 - 1,000.
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Realized
$1,150
Lot 1596
1852 $20 Liberty. NGC graded MS-60. Frosty and untoned with a few light abrasions on the chin. Sheer boldness of strike throughout is indicated by full stars (these are often weak on the early Type 1 pieces), and crisp hair detail as well as full features on the ornate reverse. Pop 17; 79 finer. (PCGS # 8906) .
Estimated Value $3,000 - 3,300.
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Realized
$3,450
Lot 1597
1852 $20 Liberty. NGC graded AU-53. Lightly toned and still frosty. The words E PLURIBUS UNUM are in a very small type font on the Type 1 and Type 2 twenties. UNUM in particular sometimes merges into the lower curve of the scroll on some less than fully struck coins. On the Type 3 pieces (1877-1907), the motto is in a larger font (PCGS # 8906) .
Estimated Value $1,100 - 1,150.
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Realized
$1,323
Lot 1598
1853 $20 Liberty. PCGS graded MS-62 PQ. A nice frosty coin with lovely light golden toning on both sides. The finest mint state example we have ever handled for this date. About as close to watertight eye-appeal as we've seen in an 1853 double eagle, this one is vibrant with swirling frostiness. One would be hard put to find a more truly beautiful MS62 specimen of a popular Type 1 issue with not even a smidgen of softness on the key areas like the shield, the scrolls on which E PLURIBUS UNUM appears in tiny type, or on the broad expanse of hair waves on Liberty's head. A few small contact signs, including several in the field by stars 2 and 3. Dispense with the standard price guides; this coin will take an extra nudge from bidders to assure ownership. Nothing could be excessive payment for such an attractive double eagle. Pop 158; 1 finer in 63. (PCGS # 8908) .
Estimated Value $14,000 - 16,000.
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Realized
$18,400
Lot 1599
1854 $20 Liberty. Small date. NGC graded EF-40. Untoned. Attractive surfaces on this early P-mint twenty. We note a die break through the tops of some of the letters in AMERICA on this example (PCGS # 8911) .
Estimated Value $950 - 975.
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Realized
$1,208
Lot 1600
1854-S $20 Liberty. Sharpness of MS-60. Signs of cleaning on the obverse. A bright coin all the same and soaking up mint glow on gold surfaces with nothing else to censor it from its defined grade. Desirable with this precision strike, the San Francisco mint had plenty of troubles the first few years of its existence. The troubles revolved around an insufficient supply of parting acids to bring the gold bullion that was deposited with the Mint up to .900 Fine coin standard. When it comes to the detail on the $20 gold pieces, this is never in question, the 1854-S issues, in particular, are extremely well made. Indeed, beautiful in every aspect of their manufacture!
Estimated Value $2,000 - 2,100.
Ex: Dallas Bank Collections Lot 11, Oct 2001- sold by Sotheby's; : Al Blythe Collection.

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Realized
$2,070
Lot 1601
1855 $20 Liberty. NGC graded AU-50. Plenty of luster for the grade, the surface abraded somewhat (PCGS # 8914) .
Estimated Value $1,100 - 1,150.
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Realized
$1,380
Lot 1602
1857-S $20 Liberty. PCGS graded MS-64 PQ, Gold Foil Holder. Includes original packing. Beautiful bright frosty luster, essentially "as struck"with very choice profile of Liberty -- an incredible coin if you have never seen one of these romantic '57-S double eagles!

The mint at San Francisco opened for business in 1854 in response to the influx of gold bullion from California's Sierra Nevada mother lodes. From the gold discovery made in 1848 until the mint opened, a number of private mints operated in this part of the state. Much of the issue from San Francisco went east through various means to satisfy the requirements of commerce and for use as export. Double eagles that stayed behind in California were used a currency since the state's residents shunned paper money of any kind. This is the main reason why most double eagles are found circulated (often heavily so) and only rarely in fresh mint condition. The Mint State 64 offered here is quite naturally among the finest in existence. Perhaps only a few thousand frosty original coins exist out of the original mintage and trace to the shipwreck of the passenger liner S. S. Central America, which floundered off the East Coast in a storm late in 1857.
Estimated Value $7,500 - 8,000.
Ex: S.S. Central America Treasure.

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Realized
$8,625
Lot 1603
1858-S $20 Liberty. PCGS graded VF-20. San Francisco Mint date in the Type 1 (No Motto) series from the time of the California Gold Rush. Probably minted from gold-rush mined bullion. In an old green label PCGS holder (PCGS # 8925) .
Estimated Value $950 - 975.
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Realized
$1,150
Lot 1604
1860 $20 Liberty. NGC graded AU-50. Naturally toned with typical surface abrasions from commerce and jostling during transport (PCGS # 8929) .
Estimated Value $1,000 - 1,050.
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Realized
$1,294
Lot 1605
1861-S $20 Liberty. NGC graded EF-40. A bit of luster in the hair curls and around the eagle; stars are not deeply impressed by the dies but are still present (PCGS # 8935) .
Estimated Value $950 - 975.
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Realized
$1,150
Lot 1606
1862-S $20 Liberty. NGC graded EF-45. During the 1861-65 Civil War, gold coins were hoarded east of the Mississippi, but in the Western half of the country, normal commerce continued using gold like this historic relic from the California gold rush period (PCGS # 8938) .
Estimated Value $1,100 - 1,150.
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Realized
$1,438
Lot 1607
1865 $20 Liberty. NGC graded MS-65. A blazing gem both well struck and untoned. Talk about a truly out of this world coin! We are pleased to report richly frosted luster on the reverse with oceans more satiny texture on the obverse, creating a duality of pristine pride. There are really no areas of vexing weak detail on either side, just the opposite in fact. The coin is sharp as a knife blade with crisp details in the main devices and legends. All stars full. As to the color, it is primarily bright reddish-gold in hue and similar to a few others from the S.S. Republic shipwreck that have been carefully "conserved" by the salvers. Both sides are deservedly free of blemishes for a Type 1 Liberty $20 in a Mint State 65 holder, a lot of high-class preservation. All things considered, someone would be hard pressed to imagine a more attractive 1865 from this historic shipwreck in the rare coin marketplace. Pop 3; none finer (PCGS # 8943) .
Estimated Value $32,000 - 35,000.
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Unsold
Lot 1608
1865-S $20 Liberty. PCGS graded EF-40. Nicely toned, well struck, historic connotations, and therefore desirable to the collector. Weak lower hair curls. Has a noticeable scratch on the neck, otherwise avearge circulation wear on both sides for the given grade (PCGS # 8944) .
Estimated Value $950 - 975.
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Realized
$1,121
Lot 1609
1869 $20 Liberty. PCGS graded Proof 64 Deep Cameo. An absolutely exquisite brilliant Proof with superb deep frosted cameo surfaces. Only 25 were minted.

Close upon the heels of the 1868 Proof comes this exquisite Proof 64 1869 $20 whose beauty inspires nods of appreciation within the collecting community. For the truth is, the cameo contrast is very strong, much more so than one usually finds with coins struck in the 1860s. Deep Cameo is too limiting a term to capture the true performance of this coin's rich beauty and pageantry. To say that the devices are merely "richly frosted" gets nearer the truth; what's more the finish is set against glittering, smoothly mirrored fields that go very "deep," as they say, when the coin is held at an angle in the light. The brilliant reddish gold shade along with an appreciable absence of marks or hairlines puts it near the forefront of the few Proofs remaining in collections.

Proof Double Eagle issuance at the Philadelphia Mint was the same as in 1868: only 25 were sold in 1869. Perhaps half as many remain. That being said, this is one of the most beautiful specimens of a Proof 1869 Double Eagle to come along in a long while, something we feel privileged to auction. Its sale will be watched keenly by specialists in the double eagle series. Pop 2, none finer. PCGS has graded just two Proofs with the Deep Cameo designation, possibly the same coin. (PCGS # 99084) .

The Gold Panic of 1869: A famous gold market "corner" took place on Wall Street on a Friday in the autumn of 1869. Two cunning speculators, Gould and Fisk, parleyed their "position" in gold into a near corner. They would have succeeded, too, had not President Grant instructed his Treasury Secretary to release some of the government's gold into the market to stem the buying frenzy. Prices in the metals markets, which had gone to a premium of 42% over par during the heat of the action, plummeted. And it took many months for international trade to return to normal afterwards. The Gould-Fisk manipulation would go down in the history books under the name of Black Friday.
Estimated Value $90,000 - 100,000.
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Realized
$106,375
Lot 1610
1872 $20 Liberty. NGC graded AU-53. An intensely lustrous example, just too many light to medium contact marks for a strictly Mint State grade (PCGS # 8963) .
Estimated Value $1,000 - 1,050.
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Realized
$1,294
Lot 1611
1872-S $20 Liberty. PCGS graded MS-61. Light gold toning on both sides. Choice or better at first glance. Closer scrutiny reveals some light hairlines over fully vibrant, friendly frosty fields. There is a hint of warm toning on both sides. Although the mintage of this date is somewhat sizeable (it being 190,000 pieces), the surviving Mint State population is small: Pop 20; 3 finer in 62. (PCGS # 8965) .

Events during 1872 were pretty much akin to what took place in 1998-2000, at least in the world of finances. The "cheap money" which arose out of the American Civil War enabled savvy investors to buy up railroads and other companies, then inflate their stock and bond prices. A building boom accompanied the stock boom; railroad mileage grew by leaps and bounds; land speculation was rife.

In the political cauldron associated with this cheap money, all sorts of interesting things were brewing underneath the surface of the Grant administration. The Credit Mobilier scandal came frothing to a head. And the waves were still sloshing through Wall Street from Fisk and Gould's 1869 corner of the gold market. Meanwhile, out West, four powerful men were divvying up the state of California into political fiefdoms. Amid such churning and industrial growth, this delightful 1872 San Francisco Double Eagle entered the world. One wonders what stories it would tell if only it could speak?
Estimated Value $4,000 - 4,300.
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Realized
$5,175
Lot 1612
1872-S $20 Liberty. PCGS graded AU-50. Loaded with mint luster and frosty on both sides. The usual handling marks for coins from this period but much scarcer than the 1873-76 period pieces which justifies a stronger bid (PCGS # 8965) .
Estimated Value $950 - 975.
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Realized
$1,150
Lot 1613
1874 $20 Liberty. NGC graded MS-61. Frosty. 366,780 minted. With pinkish patina on the devices and an abundance of mint luster everywhere, not only the fields. The Type 2 designs were featured on this denomination from 1866 to 1876. Pop 120; 18 finer; 17 in 62; 1 in 63; 17 in 62; 1 in 63. (PCGS # 8970) .
Estimated Value $2,000 - 2,100.
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Realized
$3,795
Lot 1614
1875-S $20 Liberty. NGC graded AU-53. Bright and untoned with traces of luster everywhere, including extensive coverage in the fields (PCGS # 8975) .
Estimated Value $950 - 975.
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Realized
$1,208
Lot 1615
1876-CC $20 Liberty. NGC graded EF-45. Light gold toning. Choice for the grade with no limiting rim marks or gouges on the surface (PCGS # 8977) .
Estimated Value $1,600 - 1,700.
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Realized
$1,725
Lot 1616
1876-CC $20 Liberty. PCGS graded EF-40. Lightly toned, the double eagles minted at Carson City hold an almost mythical place in the dreams and imaginations of American numismatists. This is one of the more affordable dates, and it is also the Type 2 design used in 1866-76.

No doubt very few Americans are aware of or would give two cents for knowing about the 1876 Bulgarian revolt against Ottoman rule, but another aspect of this year is firmly planted in the brain cells of those who safely navigated the American educational system. For 1876 is the year Alexander Graham Bell patented his newfangled telephone. Curiously, as reported by some historians, Bell considered his most famous invention an intrusion on his real work as a scientist and refused to have a telephone in his study! (PCGS # 8977) .
Estimated Value $1,400 - 1,500.
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Realized
$1,725
Lot 1617
1876-S $20 Liberty. NGC graded EF-45. Type two motif with the denomination abbrievated as TWENTY D. on the reverse (this type issued in 1866-76 only) (PCGS # 8978) .
Estimated Value $850 - 900.
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Realized
$1,093
Lot 1618
1877-CC $20 Liberty. NGC graded EF-40. Untoned. A new design for double eagles debuted in 1877 that included several notable changes: on the obverse, a trimmer portrait of Liberty is more nearly centered within the diameter of the coin, leaving a bit more distance between her neck truncation and the date; on the reverse the scrolls surrounding the eagle have been widened, causing the curves to nearly touch the letters in the newly expanded TWENTY DOLLARS. Double eagle mintage fell nearly 70% from the previous year's total when yields from the Comstock mines got progressively smaller and percentages of the gold ore that was being deposited at the two Western mints switched in favor of San Francisco (PCGS # 8983) .
Estimated Value $1,700 - 1,800.
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Realized
$1,955
Lot 1619
1878 $20 Liberty. PCGS graded MS-62 Double Die Obv & Rev. Lovely golden toning. Bright pinkish-gold color with sparkling mint luster, there are only a few small abrasions scattered about, none of which are of individual importance (PCGS # 8985) .
Estimated Value $2,200 - 2,300.
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Realized
$2,645
Lot 1620
1878-S $20 Liberty. NGC graded MS-60. A flashy BU example and an affordable early Type 3 San Francisco Mint date (PCGS # 8987) .
Estimated Value $1,350 - 1,400.
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Realized
$1,323
Lot 1621
1879-S $20 Liberty. ANACS graded AU-53. Plenty of luster remains, the surface abraded from its use in circulation, with scuffs on the cheek and roughness in IN GOD WE TRUST.
Estimated Value $900 - 925.
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Realized
$1,093
Lot 1622
1880-S $20 Liberty. PCGS graded MS-62. Light handling marks are noted in the fields. Attractive original surfaces exhibiting rich mint bloom colors throughout. A delightful example of this much scarcer and desirable San Francisco double eagle Pop 70; 5 finer (PCGS # 8993) .
Estimated Value $4,000 - 4,500.
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Realized
$5,405
Lot 1623
1881-S $20 Liberty. NGC graded MS-61. Untoned and lustrous. A couple of small marks on the cheek and elsewhere, suitable for a Type Set. Pop 179; 55 finer; 52 in 62; 2 in 63; 1 in 66. (PCGS # 8995) .
Estimated Value $1,300 - 1,400.
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Realized
$1,955
Lot 1624
1882-CC $20 Liberty. PCGS graded EF-45. Natural golden sunset toning on both sides. Light hairlines and marks. Double eagle production at Carson City skipped two years in 1880 and 1881 when deposits from Comstock miners dwindled to stunted levels, limiting the Carson City Mint to no more than five months of production annually during those two years. In addition to these local events, double eagle output was decreased on a national scale as the Treasury implemented its new policy of expanding the distribution of $5 and $10 gold pieces, whose mintage rose dramatically in those two years. But finally in 1882, double eagles were once again streaming off the presses to the tune of $782,800 in face value, a respectable figure considering that none had been produced there since 1879. This date is readily available (PCGS # 8997) .
Estimated Value $1,600 - 1,700.
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Realized
$2,013
Lot 1625
1882-S $20 Liberty. NGC graded AU-58. Loaded with mint luster; some marks on the face and eye (PCGS # 8998) .
Estimated Value $925 - 950.
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Realized
$1,265
Lot 1626
1883-S $20 Liberty. NGC graded MS-61. A nice untoned coin. This radiant minimally bagmarked S-mint twenty that has a full strike and glowing luster sheen (PCGS # 9000) .
Estimated Value $1,500 - 1,550.
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Realized
$1,553
Lot 1627
1884-S $20 Liberty. PCGS graded MS-61. Mostly untoned. This example, illustrative of the BU quality seen in its grade class, has attractive reddish-gold color and ample luster (PCGS # 9002) .
Estimated Value $1,300 - 1,350.
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Realized
$1,323
Lot 1628
1885 $20 Liberty. PCGS graded Proof 66 Deep Cameo. Well struck and absolutely amazing. With only 77 Proofs minted, and a limited supply of business strikes accounted for, the rarity of 1885 goes deeper than most other dates in the series, 1850 to 1907, as the original mintage figure might suggest. Very few Proofs are known to exist. Some have said the 1885 compares more appropriately with the low-mintage issues of the 1870s, for which we agree.

To start at a logical point, we turn to the surfaces, which are brilliant and decidedly reflective. The fields are deeply mirrored from having been struck struck by the polished dies, giving everything a glowing abundance, watery smoothness. The strike is, as expected, razor-sharp, and even the closest inspection fails to divulge any areas of incompleteness. Liberty's hair waves are crisp and radiant, with the coronet pearls well detailed. These same devices, and their accompanying legends, are heavy with mint frost -- cameo-frost -- and against the fields, they shimmer in a way that has drawn generations of numismatists to Proof gold collecting. Lovely orange-to-reddish gold color emanates from both sides as the viewer rotates the coin under a lamp. There are no hairlines or toning spots to describe. For purposes of identification, we note a couple of faint, as-made lintmarks: in the field between Liberty's neck and star 1; between star 4 and the bridge of Liberty's nose; and a very slight planchet flaw in the field before her chin. The coin is a true numismatic delicacy, a prize find for any well-heeled buyer who contemplates owning only the finest and rarest numismatic treasures! Pop 1; none finer at PCGS. Here is a candidate for Finest Known (PCGS # 99101) .
Estimated Value $180,000 - 190,000.
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Unsold
Lot 1629
1888 $20 Liberty. PCGS graded MS-62 Double Die Reverse. Lovely golden toning. Strong demand for gold investments has been thinning the supply of available double eagles. Why not place a bid today on this lustrous 1888 twenty. It has the added advantage of doubling on the reverse (PCGS # 9008) .
Estimated Value $2,200 - 2,400.
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Realized
$2,818
Lot 1630
1890-CC $20 Liberty. NGC graded AU-55. A nice untoned coin featuring oceans of luster on both sdies, the golden frosty having a pinkish gold color to it. As fine an AU55 example of a CC-mint twenty as you are bound to see (PCGS # 9014) .
Estimated Value $1,900 - 2,000.
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Realized
$2,185
Lot 1631
1891-S $20 Liberty. PCGS graded MS-63. Attractive light golden mint bloom colors on both sides. Obviously, our consignor chose this twenty carefully! The otherwise sparkling golden hue flares into heavy frostiness in nearly all areas, including the cheek. Only a few light contact marks. Pop 616; 69 finer (PCGS # 9018) .
Estimated Value $2,000 - 2,100.
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Realized
$2,760
Lot 1632
1892-CC $20 Liberty. NGC graded AU-50. A pleasing example for the grade with no major problems. In the Carson City Mint's penultimate season, it was abundantly clear that miners on the Comstock were beginning to scrape bottom in their search for more gold ore deposits. However, in 1892 there was sufficient gold on hand to manage another respectable year of coinage. Much of the Treasury's gold was exported in those days, though the Carson Mint's 1892 output of gold coins was only 3% of the total exported from the U.S. that year, Treasury officials would take as much as they could get from whatever source could supply it (PCGS # 9020) .
Estimated Value $1,900 - 2,000.
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Realized
$2,300
Lot 1633
1892-S $20 Liberty. NGC graded MS-62. Nice mint bloom colors, nice frosty surfaces, and a full, sharp strike (PCGS # 9021) .
Estimated Value $1,300 - 1,350.
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Realized
$1,294
Lot 1634
1893-CC $20 Liberty. NGC graded AU-58 Prooflike. Untoned with nice prooflike surfaces, the raised devices provide the viewer with a two-tone look due to the frosted relief. There is a small mark on the chin; the remaining surface is extra choice and appealing. Only 18,402 struck. Pop 4; 3 finer; 1 in 61; 2 in 62.
Estimated Value $4,000 - 4,500.
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Realized
$4,370
Lot 1635
1894 $20 Liberty. NGC graded MS-61. Frosty and untoned. In an old NGC holder. Some scuffs in the frosty surface of the cheek (PCGS # 9025) .
Estimated Value $950 - 975.
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Realized
$1,323
Lot 1636
1894-S $20 Liberty. PCGS graded MS-63. Lovely golden toning. This boldly detailed representative from the San Francisco Mint possesses mostly orange-gold color with sleek, bright metallic frosted features (PCGS # 9026) .
Estimated Value $1,800 - 1,900.
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Realized
$2,070
Lot 1637
1895 $20 Liberty. PCGS graded MS-64. Glitters with lovely mint bloom colors and full, brilliant cartwheel "spin." A bold example. Pop 197; 2 finer in 65 (PCGS # 9027) .
Estimated Value $1,600 - 1,700.
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Realized
$2,415
Lot 1638
1895 $20 Liberty. NGC graded MS-62. A few abrasions in the fields; lustrous throughout (PCGS # 9027) .
Estimated Value $950 - 975.
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Realized
$1,265
Lot 1639
1895-S $20 Liberty. PCGS graded MS-64. Lovely gold and olive mint bloom color. Lustrous with dominant fresh golden frostiness. Another simply outstanding example! Much as the luster is superior for this higher-end grade, so too is the strike: the dies left their rigid impression behind with clear precision on Liberty's hair, the eagle's ornamentation, and the stars, only a few of which (at the right side) are soft. Pop 129; 6 finer in 65 (PCGS # 9028) .
Estimated Value $3,400 - 3,500.
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Realized
$4,140
Lot 1640
1895-S $20 Liberty. NGC graded MS-61. Frosty surfaces with a few scuffs near the first and second stars on the obverse (PCGS # 9028) .
Estimated Value $950 - 975.
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Realized
$1,265
Lot 1641
1896-S $20 Liberty. PCGS graded MS-63. This beauty glitters with rich golden sunset mint bloom colors. A desirable representative of this late 19th century San Francisco Mint twenty, the surfaces do not reveal any sizeable abrasions. The strike is typically bold for the date with the intricately defined devices that characterize this Victorian era delivery. The color is a very pleasing shade (PCGS # 9030) .

The decade of the 1890s was a period of exceptional economic growth, and, in particular, of rapid wealth gains in the cities and hinterlands. The American explosion of trade and industry was at one of its zeniths, and cities were expanding rapidly. The decade saw an influx of immigrants to the United States from Europe and Asia, it was also a period of vast wealth for a newly emergent "society set". By the 1920s and continuing into the 1940s, American filmmakers had a nostalgic interest in the 1890s, as can be seen in the films "The Naughty Nineties," "She Done Him Wrong," "Belle of the Nineties" and "The Nifty Nineties."
Estimated Value $1,300 - 1,400.
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Realized
$1,840
Lot 1642
1897 $20 Liberty. NGC graded MS-62. Due to increased demand for gold coins of all types, U.S. $20 gold pieces are extremely popular just now (PCGS # 9031) .
Estimated Value $950 - 975.
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Realized
$1,380



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