Lot 2630
1853 U.S. Assay Office $20 Gold, 900 THOUS. PCGS graded MS-62. Well struck with lovely light gold color. Pop 23; 23 in 63 11 in 64, 4 in 65. Assay Twenties were the workhorse gold coins in Gold Rush California of the 1850s and 1860s. As such, they are only on occasion found in Uncirculated grades even though hundreds of thousands were produced. These are the most available territorial gold issues. The date 1853 precedes by one year the opening of the San Francisco Mint. Few know it, but this 1853 Assay $20 gold is, in fact, an official issue of the United States Government. As such, it is legitimately collectible as an issue that should be considered part of the Federal double eagle series. Given the 90% gold content, the same as Federal double eagles, this is closely associated with twenty dollar gold coins. This piece is sharply defined throughout with notably strong luster on the eagle's main elements. The green-gold surfaces show a few typical light abrasions and have just outstanding quality for Mint State 62 quality. See page 299 of the 2005 Guide Book for further information on the Unites States Assay Office gold pieces (PCGS # 10013) .
Estimated Value $10,000 - 14,000.
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