1850 $20 PCGS AU 53 First Year of Issue
Service: PCGS | Rating: AU 53
The 1850 double eagle is the first year of the regular issue for the type and denomination. It is extremely popular as such and is one of the more available dates of the type. A surprising number of coins have been auctioned in the last 15 years; most, however, grade VF to AU. Fully Mint State examples of this issue are rare, with fewer than a dozen choice pieces. The treasure of the S.S. Central America contained 26 coins, but all were circulated. One of the finest specimens seen was the PCGS MS-64 example that sold in the 2000 sale of the Harry W. Bass Jr. Collection for $62,100. This coin was sold by private treaty in 2002 for $85,000. One example has been graded MS-65 by NGC. David Akers noted that an example once owned by John Murrell was the finest he had seen. This may be the coin currently graded MS-65 by NGC. The American Numismatic Society holds a gem MS-65 example—an exciting coin, but off limits to collectors.
Due to market volatility, prices and availiability on coins are subject to change.
Please call Bob Harwell 404-261-6565 or contact us to confirm.