||1851 $20 AU55 NGC. By 1851, the double eagle was a staple in the banking circles of commerce. Its widespread usage made possible by large numbers of the coin being struck in Philadelphia and New Orleans (more than 2 million and 315,000 pieces, respectively), primarily from newly mined California gold. The Philadelphia issue survives in relatively large numbers, but the vast majority exhibit light to moderate wear from commercial use, and Mint State pieces are seldom seen. This Choice AU example exhibits pale green-gold patina, while hints of luster remain in the protected regions. Noticeable surface abrasions are unusually few for the grade. Struck from mildly rotated dies. Ex: Eric P. Newman Numismatic Education Society.
Realized $2831.75. Description courtesy of Heritage Auctions.