Crossing the Block: A High Grade 1876-S $20.

By Greg Cohen, Numismatist and Consignment Director

Among the many quality coins featured in our March 2012 Baltimore auction, we are pleased to offer lot 7840, a fresh to the market 1876-S double eagle. It was consigned to us raw, along with other coins that were put away decades ago. We submitted the coins for PCGS grading, and we were quite pleased with the results, especially on this item, as was assigned the MS-64 grade. There are eleven graded at this level, with a mere two finer, one in MS-64+ and one in MS-65. While purchased by the consignor decades ago as a generic gold coin, this will likely be a highlight in a quality collection of Liberty Head double eagles once it crosses the auction block. If high quality US gold coins are your specialty, be sure to view this coin, then plan to bid liberally.