||1877-S $20 AU58 NGC. CAC. This San Francisco issue had a moderately high mintage of more than 1.7 million coins, many of which were shipped to Europe and South America. A number of these pieces have found their way back to America in recent decades, with the result that the collector has many Mint State coins from which to choose. Most are heavily abraded, having been shipped loosely in bags, and therefore grade no finer than MS62. MS63 or finer representatives are decidedly rare. This example is a brush of high-point friction shy of Mint State status, but retains substantial honey-gold mint luster and exhibits unusually clean fields, with only a few minute imperfections on the obverse accompanying the grade. Ex: Eric P. Newman Numismatic Education Society.
Realized $2115.00. Description courtesy of Heritage Auctions.