We are offering up to 200 Certified MS63 $20 Liberties at just $2,250 per coin. This is a $40 discount off our current price sheet pricing, and just 19.36 % over melt. These were 30% over melt in mid- April!
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Gold deposits at the New Orleans Mint went into a steep decline after the San Francisco Mint opened for coinage operations in 1854. Accordingly, the famous Southern facility produced only limited numbers of double eagles every year throughout the remainder of the decade. In 1858, the mintage was just 35,250 pieces, certainly a modest production in absolute terms, but actually quite generous in the context of the series. The coins were released into commercial channels and circulated widely in both foreign and domestic trade.
Few 19th century collectors could afford to set aside long date runs of twenty-dollar coins for their collections, and the wealthy collectors who did collect double eagles systematically preferred to update their holdings by purchasing proofs from the Philadelphia Mint every year. There was little numismatic interest in branch mint issues before Augustus Heaton published his landmark treatise on mintmarks in 1893, so New Orleans Mint issues were almost completely neglected. By the time collecting double eagles became popular, in the late 1930s, the 1858-O double eagles had been circulating for decades, suffering much wear and attrition along the way. Doug Winter estimates the surviving population at 225-275 examples in all grades, with only 6-7 specimens in Mint State. Three of the Mint State coins were recovered from the wreck of the S.S. Republic.
This example displays glittering luster at the protected areas on each side.
The PCGS population is 17 with 66 graded higher. Listed at $24,000 in the CDN CPG and $30,000 in the PCGS price guide.
Offered at $24,500
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The Carson City Mint saw double eagle production dwindle to just 9,450 pieces in 1885, down from 81,139 coins in 1884. That represented an 88% decline in the number of twenty-dollar gold pieces put out from one year to the next. This would also be the last year coins were struck in Nevada until 1889. The 1885-CC double eagle boasts a surviving population of a few hundred coins, perhaps 400 or so pieces by Rusty Goe’s estimate. The NGC population is 57 with 79 graded higher.
Listed at $30,600 in the CDN CPG and $36,500 in the NGC population report.
Offered at $29,500
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The 1926-D Saint-Gaudens double eagle claims a more than adequate mintage of 481,000 pieces, but the issue is much more elusive than the production total suggests. In fact, the 1926-D was considered one of the rarest issues of the series when collecting double eagles first became popular, in the 1940s. Most of the mintage was held in Mint or Treasury vaults to serve as currency reserves until the Gold Recall of 1933 took effect. The coins in government storage were all melted and stored as gold bars at the Fort Knox Bullion Depository afterward. Fortunately, some of the coins were used to settle accounts in foreign trade before the Recall. A number of specimens were repatriated from foreign holdings after World War II, increasing the small supply for collectors. The 1926-D remains a scarce issue, however, especially in high grade. Roger W. Burdette estimates the surviving population at about 600 examples in all grades.
Listed at $24,000 in the CDN CPG and $30,000 in the PCGS price guide.
Offered at $22,900
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Listed at $16,800 in the CDN CPG and $20,000 in the NGC price guide.
Overloaded with heavy equipment plus more than 240 passengers and crew, the S.S. Brother Jonathan sank on July 30, 1865 off the coast of California near Crescent City, when it hit an uncharted rock in a fierce gale and heavy seas. A single lifeboat saved 11 crew members, plus five women and three children in California’s greatest maritime disaster. Also lost was a treasure of freshly minted gold coin intended as payments to government troops and Indian tribes. Reportedly only 20% of the gold treasure was recovered in 1996 salvage operations, including 1,207 gold coins — primarily double eagles. More than 500 of those pieces were dated 1865-S, in conditions ranging from AU to MS66.
Offered at $16,400
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