||1876 $20 AU58 NGC. CAC. This is an example of the later Light Motto hub type, differentiated in part by the boldness of the motto IN GOD WE TRUST and its placement in relation to the surrounding rays. This new hub was employed just briefly at the Philadelphia Mint in 1876, and was used only to prepare Philadelphia dies. All branch mint dies and the earlier Philadelphia dies were prepared using the old Heavy Motto hub. Both hubs were discontinued the following year with the introduction of the Type Three Liberty double eagle design, and as a result, the Philadelphia double eagles struck in the latter part of 1876 are the only coins from any mint that were struck with dies made from the Light Motto Type Two hub. This representative shows rich honey-gold luster and pleasantly smooth surfaces. The fields display ample semiprooflike mirroring, adding to the immense eye appeal. Ex: Eric P. Newman Numismatic Education Society.
Realized $1880.00. Description courtesy of Heritage Auctions.