$20.00 - 1863 PCGS AU53

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$20.00 - 1863 PCGS AU53

18,000.00

Date      1863
Grade      PCGS AU53
PCGS Price Guide      17500
Population (PCGS)      18/63
Population (NGC)       30/109
Serial Number      8939.53/34197803
PCGS Lookup Number      8939

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RARE AND POPULAR 1863 DOUBLE EAGLE, PCGS AU53

The 1863 is the third rarest Type One double eagle from Philadelphia after the 1859 and the 1862. It is not often seen in the median AU grades as evidenced by the fact that just three AU53's have been auctioned since early 2010 as well as four AU55's since late 2012.

This nice AU example is lustrous and shows less wear than one might expect a large-sized gold coin from this era to possess. There are some typical bagmarks seen on the obverse with most of these clustered in the center of the left field; the reverse is cleaner and grades a full AU55 on its own. Both sides show nice orange-gold color with some pale green shadings beneath.

Only two PCGS AU53 1863 double eagles have been sold at auction since 2008 with the last APR being $18,800 in March 2017.

For most collectors, the sensible grade for this rare, coveted Type One issue is either AU53 or AU55 as a nice AU58 coin will cost around $30,000 if you can even find one.