1853 $20.00 PCGS MS61 CAC

Normal Date variety. The 1853 is a much scarcer date than the 1851 and 1852. But it remains reasonably affordable in the lower Uncirculated grades and this makes it a sensible issue for the collector who is searching for a nice non-shipwreck Type One double eagle as a type coin. This is a fresh and extremely high end piece with strong claims to an MS62 grade. It is undipped and never-messed-with and, most importantly, it is totally "new" with no hint of friction on the high spots or luster breaks in the fields. The surfaces are slightly ticky in the open areas but this is compensated for by the attractive soft golden color and swirling frosty luster. MS61 is a good value grade for this date as an MS62, if available, is likely to cost in excess of $13,000-15,000. Only three examples in MS61 have been given CAC approval with two higher.

Ex New England Rare Coin Auctions 3/1982: 2291