1850 $20.00 NGC AU55 CAC

This numismatically significant issue is one of the few Type One double eagles that has "cross-collector" appeal. In other words, it is an issue that a collector who is not a typical buyer of Type Ones will still want a nice 1850 due to its status as the first collectable year of issue for this denomination. This specific example is extremely pleasing for the grade with medium natural yellowish-green gold color atop satiny surfaces. The obverse is clean and quite choice; the reverse shows a few small scattered marks that limit the grade. AU55 is sort of a "sweet spot" for this issue as lower grade pieces might not have good eye appeal while higher grade pieces are very expensive.

CAC has approved ten in this grade with fifteen finer.