1889-S $20 Liberty Head Double Eagle PCGS MS62

Priced at a 27+% discount off ($700 savings) Collector's Universe price of $3,250-! 

An A.N.A. Coin Show SPECIAL

Here’s a really attractive coin—at a really attractive discounted price! PCGS has graded 1,395 pieces as MS62 with 987 finer.

David Akers writes, “A very careful look at the auction data (pre-1970's) shows that at one time the 1889-S was very scarce, particularly in Unc. Many important collections either lacked the date entirely or had only a circulated specimen. However, in the late 1960's and early 1970's many uncs were found in Europe and that is why the 1889-S is now comparatively common.”

But that was years before the discovery of the famous Saddle Ridge Hoard of gold coins in California in 2013.

Ron Guth of PCGS Coinfacts writes, "422 of the 1,427 coins in the Saddle Ridge Hoard of gold coins were 1889-S Double Eagles. Nearly 100 of those were Mint State and the quality was excellent. As a result, the PCGS Pop Report has swelled and nine examples were better than anything that had been known before. Where once the Finest Known was an MS64, now top honors go to a pair of PCGS MS65+s from the Saddle Ridge Hoard."

The Old San Francisco Mint, where this beauty was struck in 1889. Photo: Wikimedia Commons.