SOLD - $20.00 – 1854-S NGC EF45

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sold out

SOLD - $20.00 – 1854-S NGC EF45

9,250.00

Date    1854-S
Grade    NGC EF45
PCGS Price Guide    7250
Population (PCGS)    26/96
Population (NGC)    39/149
Serial Number    4252107-009
PCGS Lookup Number    8913

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RARE NON-SHIPWRECK 1854-S DOUBLE EAGLE

The 1854-S is a numismatically significant issue as the first double eagle struck at the new San Francisco mint. Over 75% of the known examples show matte-like surfaces from exposure to seawater and any pieces which has natural color and choice, non-matte surfaces is rare.

This is a really pleasing example which ranks as one of the nicer EF's of this date I have handled. The color is a warm, natural russet hue with some underlying rose and green tinges. The surfaces are very choice with no deep or significant marks noted and the eye appeal is far above-average for the issue.

The last EF45 1854-S double eagle with natural surfaces to sell at auction was an NGC coin offered as Goldberg 1/14: 1860. It realized $8,225 and, in my opinion, it showed at least five points more wear than the present coin.

I have long championed the scarcity of this date and this, coupled with its historic significance, makes the 1854-S one of the most desirable double eagles from this mint.