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1854-S Liberty Head Gold Double Eagle PCGS MS62

2023-10-18 17:30:00
1854-S Liberty Head Gold Double Eagle PCGS MS62

1854-S Liberty Head Gold Double Eagle PCGS MS62

Jack McNamara's Live Auction Featured Coin

Thursday, October 19th, 2023

 

Join our auction live at 5 PM PST / 8 PM EST

on Directv 222, Dish 85/224, and Spectrum Shop Zeal One 

Or on our Website or YouTube

 

Our Private Advisory Coin Team has early access to our weekly auction coins. Pre-bidding is now open for this week's stunning selections. Call our Private Advisory Coin team at (800) 778-0624 to join our auction bidding. Your Personal Advisor can accept your confidential bid for this coin.

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  • Mintage: 141,468
  • PCGS Population: 23/23
  • Finest Known: MS65 (3) – Last traded just over $130,000. Expected to bring approx. $200,000+ today.
  • First year of issue at the San Francisco Branch Mint!
  • Second lowest mintage among S-Mint double eagles, behind only the 1866-S $20 No Motto (120,000).
  • From the California Gold Rush sprouted various private assayers, the creation of the nation’s smallest and largest gold denominations and of course the establishment of a branch mint in San Francisco by April of 1854.
  • When the Mexican American War began in 1846, the small settlement of Yerba Buena, later renamed San Francisco, contained 200 inhabitants. By 1855, the number skyrocketed to an estimated 300,000!
  • Being that the San Francisco Mint was created out of necessity to provide a standard medium of exchange for Californian miners and businessmen, the first year of issue double eagles produced by the mint heavily circulated.
  • PCGS's Population Data supports this with over 70% of all surviving examples grading AU or lower condition.
  • Mint State examples, regardless of the grade, surface infrequently and when they do collectors are quick to consume them.
  • The present PCGS MS62 1854-S $20 has superb eye appeal with terrific color, booming luster as well as minimal contact marks or abrasions and is without question the one of finest examples ever handled by RCTV!