Lot 1761
1857-S $20 Liberty. NGC graded AU-50. Untoned. Partial luster remains around devices and legends on this early San Francisco mint release. The Mint in California opened its doors in 1854 to coin the vast bullion deposits into coins. The chief method of doing this was to strike the largest denomination, the Double Eagle. Most such coins were immediately "exported" to the Eastern part of the country by way of the Panama Canal since there was no railroad connection with parts East until the 1870s (PCGS # 8922) .
Estimated Value $1,600 - 1,650.
The Arden Collection.
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| Realized $2,530 |
