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Poll: What is the most valuable US issue?

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  • MFeldMFeld Posts: 14,884 ✭✭✭✭✭
    edited June 21, 2020 6:12PM
    J-1776

    @cameonut2011 said:

    @MFeld said:

    @coinkat said:
    I thought the 1849 $20 was in the US Mint collection at the Smithsonian

    It is and some believe that a second example, of unknown whereabouts, did/does exist.

    Why is a second example suspected?

    See this link (in particular, under the David Akers section): https://www.pcgs.com/coinfacts/coin/1849-20/71908

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • 1northcoin1northcoin Posts: 4,936 ✭✭✭✭✭
    edited June 21, 2020 6:33PM
    1849 $20

    @cameonut2011 said:

    @MFeld said:

    @coinkat said:
    I thought the 1849 $20 was in the US Mint collection at the Smithsonian

    It is and some believe that a second example, of unknown whereabouts, did/does exist.

    Why is a second example suspected?

    This from some of the literature:

    “All but two 1849 double eagles were melted.” (100 Greatest U.S. Coins” by Garrett and Guth.)

    The authors go on to add that while one went to The Mint Cabinet in Philadelphia (today’s Smithsonian specimen), another went to Secretary of the Treasury Merideth. It is believed at one point the Merideth coin was part of the Steven Nagy of Philadelphia collection.

    It’s whereabouts today remains unknown to the general public .

    Now I have this 1850 Double Eagle that is believed to be the first one minted from the coin’s first year of circulation ...,,,,

  • 1northcoin1northcoin Posts: 4,936 ✭✭✭✭✭
    1849 $20

    @1northcoin said:

    @cameonut2011 said:

    @MFeld said:

    @coinkat said:
    I thought the 1849 $20 was in the US Mint collection at the Smithsonian

    It is and some believe that a second example, of unknown whereabouts, did/does exist.

    Why is a second example suspected?

    This from some of the literature:

    “All but two 1849 double eagles were melted.” (100 Greatest U.S. Coins” by Garrett and Guth.)

    The authors go on to add that while one went to The Mint Cabinet in Philadelphia (today’s Smithsonian specimen), another went to Secretary of the Treasury Merideth. It is believed at one point the Merideth coin was part of the Steven Nagy of Philadelphia collection.

    It’s whereabouts today remains unknown to the general public .

    Now I have this 1850 Double Eagle that is believed to be the first one minted from the coin’s first year of circulation ...,,,,

    This from another thread: (Click Link for the referenced photo of my 1850 Double Eagle)

    Below pictured is my 1850 Double Eagle which given its attribution to Dr. C.W. Green can be through auction history traced back to having been in the personal collection of its designer, James B. Longacre and as such, along with its unique appearance, may well be one of, if not the first, $20 double eagle struck at the Philadelphia Mint for circulation. It was first sold in Longacre's 1870 estate auction where it was referenced as a "proof." Max Mehl in a subsequent 1949 auction described the coin stating, "I classify it as a brilliant semi-proof, almost equal to a brilliant proof." Its most recent auction appearance was at the 2001 Superior Galleries' "Pre-Long Beach Sale with the auction description stating, "This coin has a beautiful bold strike with full stars and all other details sharp and clear. The fields are Prooflike ..." I acquired it shortly thereafter.

    https://forums.collectors.com/discussion/comment/12634707#Comment_12634707

  • MFeldMFeld Posts: 14,884 ✭✭✭✭✭
    edited June 22, 2020 3:41AM
    J-1776

    @1northcoin said:

    @1northcoin said:

    @cameonut2011 said:

    @MFeld said:

    @coinkat said:
    I thought the 1849 $20 was in the US Mint collection at the Smithsonian

    It is and some believe that a second example, of unknown whereabouts, did/does exist.

    Why is a second example suspected?

    This from some of the literature:

    “All but two 1849 double eagles were melted.” (100 Greatest U.S. Coins” by Garrett and Guth.)

    The authors go on to add that while one went to The Mint Cabinet in Philadelphia (today’s Smithsonian specimen), another went to Secretary of the Treasury Merideth. It is believed at one point the Merideth coin was part of the Steven Nagy of Philadelphia collection.

    It’s whereabouts today remains unknown to the general public .

    Now I have this 1850 Double Eagle that is believed to be the first one minted from the coin’s first year of circulation ...,,,,

    This from another thread: (Click Link for the referenced photo of my 1850 Double Eagle)

    Below pictured is my 1850 Double Eagle which given its attribution to Dr. C.W. Green can be through auction history traced back to having been in the personal collection of its designer, James B. Longacre and as such, along with its unique appearance, may well be one of, if not the first, $20 double eagle struck at the Philadelphia Mint for circulation. It was first sold in Longacre's 1870 estate auction where it was referenced as a "proof." Max Mehl in a subsequent 1949 auction described the coin stating, "I classify it as a brilliant semi-proof, almost equal to a brilliant proof." Its most recent auction appearance was at the 2001 Superior Galleries' "Pre-Long Beach Sale with the auction description stating, "This coin has a beautiful bold strike with full stars and all other details sharp and clear. The fields are Prooflike ..." I acquired it shortly thereafter.

    https://forums.collectors.com/discussion/comment/12634707#Comment_12634707

    PM sent.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • CaptHenwayCaptHenway Posts: 32,750 ✭✭✭✭✭
    1849 $20

    @keets said:
    are Patterns ever "issued" or meant to be issued??

    Cheerios dollars?

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • CaptHenwayCaptHenway Posts: 32,750 ✭✭✭✭✭
    1849 $20

    @keyman64 said:

    @CaptHenway said:
    I remain convinced that the so-called Farouk 1933 $20 is in government hands, purchased with unlimited taxpayer money just to get the thing off the market after the Treasury was thoroughly embarrassed by its pursuit of it.

    I had thought so as well, with the government basically buying the coin at half price...but then I saw this that was posted by Laura S on April 30, 2019.

    "I can state for a fact, LEGEND WILL be the buyer of the next legal 1933 Saint. We did make an offer on the one out there last year but was rejected. We have THREE people will pay over the moon for one. We tried to buy the Langford deal too."

    So, it seems some people know where the 1933 $20 is and if this statement is true then it is in fact in private hands.

    Anything is possible. We shall see what we shall see.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • DRUNNERDRUNNER Posts: 3,898 ✭✭✭✭✭

    My post far earlier in the thread concerning the 1964-D Peace . . . . .

    The only response was from Mark . . . a far better numismatist than I could hope to be, or in fact many of us could hope to be regardless of how fate deals the cards . . .

    Now that we are coming full circle into 'possible' issues . . . I still stand by my statement.

    I do not know at ALL the value . . . I am a small fish in a very large pond . . . but either of the owners now might, in an altogether different environment, be more than willing to enter into the fray.

    That is quite the extent of my knowledge . . . nothing else to say or know . . . .

    Drunner

  • boiler78boiler78 Posts: 3,080 ✭✭✭✭✭
    J-1776

    I have always thought the 1849 Double Eagle was a pattern? Does anyone have definitive information on how many were originally minted and subsequently melted? Was the design modified from 1849 to 1850?

  • MFeldMFeld Posts: 14,884 ✭✭✭✭✭
    edited June 23, 2020 10:09AM
    J-1776

    @boiler78 said:
    I have always thought the 1849 Double Eagle was a pattern? Does anyone have definitive information on how many were originally minted and subsequently melted? Was the design modified from 1849 to 1850?

    According to David Akers, among others, yes, the 1849 Double Eagle is a pattern.

    https://www.pcgs.com/coinfacts/coin/1849-20/71908

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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