Goldberg Coins and Collectibles



Sale 80

June Pre Long Beach Sale


$20 Gold
 
 
Lot Photo Description Realized
Lot 1957
1850. PCGS graded AU-50. Highly toned with some luster evident. Much lighter surface abrasions than usual for this often heavily dented early issue. Indeed, the coin is surprisingly well above average. The Double Eagle, whose net gold content is .9675 of an ounce, actually weighs more than an ounce, because it has a 10% copper alloy added to toughen the metal and protect from abrasion. At the time these were current (1850-1933) the gold "standard" equated to one gold ounce to $20.67 in paper dollars per ounce.

The 1850 double eagle, first year in production, is available with no trouble in (typically) baggy circulated grades; these tend to be seen Very Fine or Extremely Fine, with occasional abraded About Uncirculated examples on the market. Both the 1850 and 1850-O must have circulated widely. In any grade the 1850 has always experienced strong collector demand. A few dozen Mint State pieces are known (PCGS # 8902) .
Estimated Value $3,500 - 3,800.
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Realized
$4,818
Lot 1958
1851. NGC graded AU-53. Nice golden toning, reddish amber at the circumferences. Well struck with some light field abrasion (PCGS # 8904) .
Estimated Value $2,600 - 2,700.
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Realized
$2,938
Lot 1959
1853. ANACS graded AU Details, Net EF-40, Rim Damaged. Mostly untoned. Housed in an Old Style Holder.
Estimated Value $1,700 - 1,750.
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Unsold
Lot 1960
1855. NGC graded AU-55. Frosty and lightly toned, this issue features Mint Engraver James Longacre's artistic slanting 5s in the date. Part of the Type 1 series (1850-66) is lacks the motto IN GOD WE TRUST, which wasn't adopted until the mid-1860s. Pop 80; 81 finer at NGC. (PCGS # 8914) .
Estimated Value $3,000 - 3,200.
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Lot 1961
1861. PCGS graded EF-45. Well struck with very few light surface abrasions. Desirable No Motto date, struck the year the nation split in two and rebellion broke out (PCGS # 8932) .
Estimated Value $2,200 - 2,300.
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Realized
$2,468
Lot 1962
1861. ICG graded AU-50. Some luster still visible and this generally choice Double Eagle featuring the Type One (No Motto) reverse of 1850 to 1866. Some light abrasions in the field and there is a scuff line in the cheek from Liberty’s temple almost to the lower jaw. The reverse displays slightly more luster than the other side, and fewer marks.
Estimated Value $2,000 - 2,100.
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Realized
$1,939
Lot 1963
1865-S Brother Jonathan 472. PCGS graded MS-64. Frosty and starting to tone. Ex Brother Jonathan shipwreck group. This frosty, boldly struck $20 likely traces to the hoard of the Brother Jonathan shipwreck that was sold by Bowers and Merena Galleries a few years ago. It is one of the most attractive we have seen in its MS64 category, a coin that exhibits sharp rims without bad blemishes, plus golden-bright luster whose glow and radiance is enjoyable to examine. There are a few dark specks on the obverse, and stars 1-2-3 struck poorly and are somewhat rounded. Nothing out of the ordinary in the way of marks. On the contrary, the coin is decidedly choice in whatever way you choose to gauge it.

The Deep Sea Research group of entrepreneurs found and recovered 1,207 coins from the wreck of the Brother Jonathan, mostly in the form of 1865-S double eagles. Today, these are available in frosty Mint State grades. Considered one of the most historic offerings available to American numismatists. Pop 128; 25 finer, 1 in 64+, 22 in 65, 2 in 66 (PCGS # 8944) .
Estimated Value $17,000 - 18,000.
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