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 |
