1865 $20.00 NGC EF40 CAC Gold Sticker
/Housed in an NGC third generation holder (used in the late 1980's) and awarded a gold sticker by CAC. By today's standards, I believe that this coin grades AU50 or a bit better. There is some "freckled" coppery color in the lower obverse fields while there is a large amount of copper seen at the central reverse. Most gold coins with this degree of spotting have had these removed but old-time collectors appreciate the character that this gives to a coin. An interesting example of this popular Civil War issue.
This is the only 1865 double eagle in this grade that has been approved by CAC; thirty-five finer pieces have been approved as well.