Didnt know about these Paquet $20s until seeing this thread. I like it better than the regular type 1. Congrats on an amazing coin, and thank you for sharing!
@gschwernk said:
Great purchase! To me it exceeds your 1804 $10.
I agree.
One of the wonderful things about numismatics is there are plenty of things available to excite us even with our own particular thought differences. The 1804$10 was an all time dream coin - filled with rich history. Unfortunately, to me this one is just an esoteric pattern variety. But I do appreciate it because others appreciate it so there’s that.
@gschwernk said:
Great purchase! To me it exceeds your 1804 $10.
I agree.
One of the wonderful things about numismatics is there are plenty of things available to excite us even with our own particular thought differences. The 1804$10 was an all time dream coin - filled with rich history. Unfortunately, to me this one is just an esoteric pattern variety. But I do appreciate it because others appreciate it so there’s that.
PRC -->
Its not a pattern, it was actually produced for circulation and melted. The definition of a pattern is a coin that was not produced for circulation but recommended and then rejected. Its the same way a pattern like the 1933 double eagle, which means it is not. Love to discuss coins with you !
While the 1804 ten proof is a pattern or maybe the first American commemorative coin. It was never made for circulation.
I love both coins, just need to know what they are.
Walker Proof Digital Album Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
so the 1860 Paquet is the proof that the 1861 is NOT a pattern because the pattern is the 1860. Sadly the 1860 is in the Smithonian and they replied its not for sale...
Added info from the archived thread. Of note the pictured clipping is identified as from 2002 and the "other Philadelphia minted 1861 Reverse Paquet has been more recently holdered as a MS 61.
Was going through some old papers this morning and came across this from 2002.
This would be the other Philadelphia minted Paquet Reverse referenced in the original post on this thread:
"David Hall's video feature regarding the just (by PCGS) graded at MS 67 1861-P Double Eagle Paquet Reverse Coin on this site is not to be missed. Attributed to Norweb, the history of this coin is more fully explained back to it being only one of two Philadelphia Mint sourced 1861-P Paquets - the other being a MS 61 found in Paris."
@privaterarecoincollector said:
so the 1860 Paquet is the proof that the 1861 is NOT a pattern because the pattern is the 1860. Sadly the 1860 is in the Smithonian and they replied its not for sale...
Well, no, the 1860 Paquet doesn't prove that the 1861 is a regular issue. A number of unquestionable patterns of that era were struck in more than one year. However, all of the circumstantial evidence leads me to believe that the 1861 Paquets were intended to be released into circulation, but then the Mint thought better of it and melted all but maybe as few as two pieces. The most compelling bit of circumstantial evidence is that the Philadelphia Mint sent a Paquet die to San Francisco, presumably before they changed their mind about the design modification. (Yes, it could be a pattern die sent in error, but probably not.) Also, the 1861 was not produced as a proof. Typically, but not always, patterns and off-metal strikes produced for collectors were struck as proofs. Non-proof patterns tend to be legitimate experimental pieces and die trials.
So unless relevant Mint documents are turned up, I'll call the 1861 an aborted regular issue. Sort of like a Cheerios Dollar, so in good company!
Andy Lustig
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
In further support of the OP's coin being a circulation strike, and not a pattern, is the fact that not only was a die sent to the San Francisco Mint, but also to another mint. The other mint in the South got the memo in time to not go forward with manufacture, but since the transcontinental telegraph was not yet completed, Pony Express had to be relied upon for getting the memo to the City by the Bay.
See the link in one of my above posts and then once clicked on go to the first page of the linked thread for more details including a photo of my 1861-S Paquet Reverse $20 Double Eagle. A point worth noting is that only the few Philadelphia minted Paquet are in mint state. No known 1861-S Paquet has survived in mint state.
Also of added interest with regard to the 1861-S Reverse Paquet Double Eagles was how long it went before they were detected. Apparently there was no publicity sufficient to alert collectors at the time they slipped into circulation.
For those interested in the details relating to their discovery check out the link contained in one of my above posts and then scroll up to the first page of the linked thread.
More like 10 Million in my opinion, but of course everyone values differently.
I prefer this one over the 1822 half eagle that is AU.
Interestingly when Adam Crum assisted in putting together the only complete set of Type 1 Double Eagles, the 1861 Paquet Reverse was an integral component.
'Adam assisted in the assembly of building the only complete Type I $20 gold piece set ever assembled, which included one of only two specimens of the 1861 Philadelphia “Paquet Reverse”, as well as, all of the excessively rare proofs. He has handled the majority of the 100 Greatest U.S. Coins, and he has assembled some of the finest rare coin sets in existence today. In addition, he has handled most of the finest numismatic rarities known, including the 1787 Brasher Doubloon, America’s first gold coin and considered by many to be the most valuable gold coin extant. He currently has a 1907 Ultra High Relief Saint Gaudens Double Eagle with San Serif Edge for sale, one of only two known, and the only one in private hands, first struck in February 1907. "
Comments
Very Nice
Buy the regular MS67 and put them in a dual coin holder
good idea
That’s a beauty
Real nice one!
Approximately $4M worth of nice...
Maybe time to make an offer for this one as well?
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
I am so poor. Love to watch and view. Thanks for the post.
Wayne
Kennedys are my quest...
Incredible...my dream coin. CONGRATULATIONS
That is art. Congratulations on a truly irreplaceable purchase!
More like 10 Million in my opinion, but of course everyone values differently.
I prefer this one over the 1822 half eagle that is AU.
Yes, where shall I eMail it to ?
Remarkable coin, congratulations
Latin American Collection
Great purchase! To me it exceeds your 1804 $10.
I agree.
That is one, super beautiful gold coin. Absolutely amazing. Congratulations on an exceptional acquisition. Cheers, RickO
Didnt know about these Paquet $20s until seeing this thread. I like it better than the regular type 1. Congrats on an amazing coin, and thank you for sharing!
Instagram
One of the wonderful things about numismatics is there are plenty of things available to excite us even with our own particular thought differences. The 1804$10 was an all time dream coin - filled with rich history. Unfortunately, to me this one is just an esoteric pattern variety. But I do appreciate it because others appreciate it so there’s that.
PRC -->
Its not a pattern, it was actually produced for circulation and melted. The definition of a pattern is a coin that was not produced for circulation but recommended and then rejected. Its the same way a pattern like the 1933 double eagle, which means it is not. Love to discuss coins with you !
While the 1804 ten proof is a pattern or maybe the first American commemorative coin. It was never made for circulation.
I love both coins, just need to know what they are.
TDN, now I have a box of three: 1804 Ten, 1838 Ten, 1861 Twenty !
Beautiful coin.
While the 1804 ten proof is a pattern or maybe the first American commemorative coin. It was never made for circulation.
Neither. It was a diplomatic presentation piece minted in 1834 for the complete sets presented to foreign dignitaries.
I know that, which makes it more a pattern than a regular coin.
But I like that too, lets call it a diplomatic presentation piece
The fields on that piece are incredible!
My OmniCoin Collection
My BankNoteBank Collection
Tom, formerly in Albuquerque, NM.
Congrats! Sick coin
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
That's another incredible piece of history. Really attractive for such an extreme rarity. Congratulations!
Anyone know how to safely remove drool from a keyboard?
Look at those immaculate fields! So beautiful all around. Congratulations! 🎉
"Got a flaming heart, can't get my fill"
Congratulations- fantastic coin! I do, however, prefer the 1804 because I love proof surfaces!
Love that coin! Congratulations!
An authorized PCGS dealer, and a contributor to the Red Book.
Wow beautiful coin!
Collector
91 Positive BST transactions buying and selling with 56 members and counting!
instagram.com/klnumismatics
Wow. Unreal coin. Congratulations.
Dealing in Canadian and American coins and historical medals.
What an amazingly preserved piece of history.
Meanwhile ... I'm glad you shared it with us!
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
That is just Amazing!! Sweet addition.
https://www.cointalk.com/media/albums/the-2020-20-large-cent-set.1855/
I love proof surfaces too !
Try nightshiftjanitor@si.edu .
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
so the 1860 Paquet is the proof that the 1861 is NOT a pattern because the pattern is the 1860. Sadly the 1860 is in the Smithonian and they replied its not for sale...
Haha if only......
Thanks for sharing.
Nice to see it found a good home.
I'm so broke I can't even afford to look at this coin
Wow.
A related thread:
https://forums.collectors.com/discussion/975923/the-exciting-1861-paquet-reverse-twenty-dollar-liberties-again-in-the-news#latest
Added info from the archived thread. Of note the pictured clipping is identified as from 2002 and the "other Philadelphia minted 1861 Reverse Paquet has been more recently holdered as a MS 61.
Was going through some old papers this morning and came across this from 2002.
This would be the other Philadelphia minted Paquet Reverse referenced in the original post on this thread:
"David Hall's video feature regarding the just (by PCGS) graded at MS 67 1861-P Double Eagle Paquet Reverse Coin on this site is not to be missed. Attributed to Norweb, the history of this coin is more fully explained back to it being only one of two Philadelphia Mint sourced 1861-P Paquets - the other being a MS 61 found in Paris."
Well, no, the 1860 Paquet doesn't prove that the 1861 is a regular issue. A number of unquestionable patterns of that era were struck in more than one year. However, all of the circumstantial evidence leads me to believe that the 1861 Paquets were intended to be released into circulation, but then the Mint thought better of it and melted all but maybe as few as two pieces. The most compelling bit of circumstantial evidence is that the Philadelphia Mint sent a Paquet die to San Francisco, presumably before they changed their mind about the design modification. (Yes, it could be a pattern die sent in error, but probably not.) Also, the 1861 was not produced as a proof. Typically, but not always, patterns and off-metal strikes produced for collectors were struck as proofs. Non-proof patterns tend to be legitimate experimental pieces and die trials.
So unless relevant Mint documents are turned up, I'll call the 1861 an aborted regular issue. Sort of like a Cheerios Dollar, so in good company!
Doggedly collecting coins of the Central American Republic.
Visit the Society of US Pattern Collectors at USPatterns.com.
Amazing coin for sure. What is the mark at 10 oclock on the obverse?
In further support of the OP's coin being a circulation strike, and not a pattern, is the fact that not only was a die sent to the San Francisco Mint, but also to another mint. The other mint in the South got the memo in time to not go forward with manufacture, but since the transcontinental telegraph was not yet completed, Pony Express had to be relied upon for getting the memo to the City by the Bay.
See the link in one of my above posts and then once clicked on go to the first page of the linked thread for more details including a photo of my 1861-S Paquet Reverse $20 Double Eagle. A point worth noting is that only the few Philadelphia minted Paquet are in mint state. No known 1861-S Paquet has survived in mint state.
Also of added interest with regard to the 1861-S Reverse Paquet Double Eagles was how long it went before they were detected. Apparently there was no publicity sufficient to alert collectors at the time they slipped into circulation.
For those interested in the details relating to their discovery check out the link contained in one of my above posts and then scroll up to the first page of the linked thread.
Interestingly when Adam Crum assisted in putting together the only complete set of Type 1 Double Eagles, the 1861 Paquet Reverse was an integral component.
'Adam assisted in the assembly of building the only complete Type I $20 gold piece set ever assembled, which included one of only two specimens of the 1861 Philadelphia “Paquet Reverse”, as well as, all of the excessively rare proofs. He has handled the majority of the 100 Greatest U.S. Coins, and he has assembled some of the finest rare coin sets in existence today. In addition, he has handled most of the finest numismatic rarities known, including the 1787 Brasher Doubloon, America’s first gold coin and considered by many to be the most valuable gold coin extant. He currently has a 1907 Ultra High Relief Saint Gaudens Double Eagle with San Serif Edge for sale, one of only two known, and the only one in private hands, first struck in February 1907. "
https://finestknown.com/expertise/
Wowzer!