||1853 $20 AU53 NGC. The 1853 double eagle had a mintage of less than 1.3 million pieces, a significant decline from the year before, and is appropriately a little scarcer in high grades. Like all double eagle issues of this early period, the 1853 circulated extensively, with most survivors being well-worn. Nearly 100 representatives were found on the S.S. Central America and S.S. Republic, with most lightly to moderately worn. This original AU piece exhibits unusually smooth olive-gold surfaces, with tinges of peach-gold luster in the protected regions. Only a brush of wear is evident over the design elements. Ex: Eric P. Newman Numismatic Education Society.
Realized $2595.58. Description courtesy of Heritage Auctions.