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FINALLY! A new picture of the 1875-S $20 in PCGS MS-67. UPDATE TWO BETTER CLOSEUPS NOW POSTED
oreville
Posts: 11,807 ✭✭✭✭✭
A lousy picture. Better and more detailed ones coming up later.
A Collectors Universe poster since 1997!
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Wow, 67 and a green holder, too.
Tom
Obscurum per obscurius
Joe
<< <i>shirohniichan: It was rumored that Harvey Stack was there in 1875 to pick up the coin right off the mint press! >>
That makes sense. Even falling into the hopper could easily damage that large of a gold coin.
Obscurum per obscurius
When Stacks auctioned it in 1994 (?) it sold for $82,000 raw, according to my recollection.
To me, this coin is the definition of condition rarity. No other type II $20 has been graded MS-67. Hardly any has been graded MS-66 either.
Experience the World through Numismatics...it's more than you can imagine.
At that rate, you'll have a 200K coin by, what, 2837?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
My 1866 Philly Mint Set
We'll use our hands and hearts and if we must we'll use our heads.
09/07/2006
I think you should buy the PF67 Trompeter 1864 specimen that Mark has for sale...
It looks so lonely and needs a partner...
siliconvalleycoins.com
Oh, wait... no I haven't
However, it is not for me.
I am a mint state guy. Proofs don't do it for me. Why?
Jay Parrino back in 1978 told me his philosophy and I took it to heart. He said:
"Proofs were made to look nice. Mint state coins were meant to circulate and were not made to look nice."
I never forgot that quote.
There is one major exception: Patterns in proof!!!!
Fantastic coin, oreville. Thanks for sharing.
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
Golds up a few more bucks today so that'll be $130,510
Live Long and Prospect.
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since 8/1/6
My distinction isn't so much the method of manufacture but the purpose in manufacture.
A proof made for diplomatic presentation to the King of Siam might be a cool thing to have. A proof made to display a new design to members of Congress might be a cool thing to have. A proof made to sell to collectors is not as interesting to me, even if -
Of course, this isn't just about proofs. MS 70 1973-S Ikes do nothing for me because the issue did not circulate. MS 66 1971-D Ikes are pretty cool.
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Also patterns in off metals proofs can be considered relative poor mans proofs since they are often 1/10th the price of the real proofs sold at the time!
Most $20 gold pieces were used as bank reserves or shipped overseas in trade. Supposedly San Fransisco and Carson City issues circulated more than Philadelphia coins because people in western states had less faith in paper currency and preferred hard money. Even so, it seems hard to imagine that someone picked one out of a bag or a roll or saved one handed to him by a bank cashier. I don't know of any presentation strikings of '75-S double eagles, though there were some branch mint proofs of double dimes that year.
Regardless of its provenience, it's a beautiful coin.
Obscurum per obscurius
1875-S Superb Gem Brilliant Uncirculated. Outstanding quality, possibly the finest business strike Type II Double Eagle known. An exciting opportunity for the discriminating collector. Double Eagles were the yeoman workhorses of the US gold coins in the 1870's: major bank transactions involved large numbers of Double Eagles, for example. Consequently, almost all the $20 Gold that survive from this period are circulated and the few that are not are in grades lower than choice. This specimen is, without a doubt, one of the finest we have ever had the privilege of handling. To the best of our recollection, we have not auctioned a finer example, nor have we ever seen one to equal this coin. Both sides are a lovely, bright, light orange yellow gold in color. The mint luster is complete and makes perfectly formed cartwheels on both sides. The surfaces are frosty and lustrous and are virtually undisturbed by breaks in the frosting. A short section of deep coppery toning along the obverse rim at 3 o'clock will serve to "hallmark" this extraordinary coin. Here is a prize, indeed, for the truly advanced collector of double eagles.
Outstanding coin, Oreville!
<< <i>MS 70 1973-S Ikes do nothing for me because the issue did not circulate. >>
Andy,
That being the case, I'll gladly relieve you af any and all Ikes you have in the MS70 grade. I don't even care what year. I'll even pay the postage.
Russ, NCNE
You are doing well, subject 15837. You are a good person.
keoj
Go BIG or GO HOME. ©Bill
Absolutely breathtakingly exquisite coin Oreville!
I would love to see that coin in hand.Outstanding,.Al
NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.
Type collector since 1981
Current focus 1855 date type set
But this is not about this collector at all. It is about the miracle of preservation or as Shiro said "there has to be a story behind this."
I will once again ask the Stack family if they remember any stories behind this coin.