SOLD- $20.00 – 1869 PCGS AU53 CAC

1869_20_P53_CAC.jpg
1869_20_P53_CAC.jpg
sold out

SOLD- $20.00 – 1869 PCGS AU53 CAC

3,950.00

Serial Number 8955.53/30493967

PCGS Lookup Number 8955

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The 1869 is one of four scarce, overlooked P mint Type Two double eagles. Along with the 1868, 1870 and 1871, it is scarce in properly graded AU and rare in Uncirculated. For most collectors, a nice AU53 to AU55 example will prove suitable.

This very choice example is totally original with a pleasing “Euro” appearance. The obverse and reverse have taken on a deep russet color with darker highlights and this covers lustrous, lightly abraded fields. This is among the few circulated 1869-P double eagles I have seen which is original and unquestionably undipped.

Only one AU53 has sold as auction since 2008 and it brought $3,525 as Heritage 8/14: 4131. It was graded AU53 by NGC and was approved by CAC but it was not as crusty as the current coin.

Good value and a very pleasing coin for the date and grade.

CAC has approved two in this grade with 10 finer.