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Here’s a great piece to include in your collection. The 1870-S $20 Liberty Head Double Eagle, struck at the San Francisco Mint, exemplifies the Type 2 Liberty Head series with its iconic obverse featuring Liberty facing left, encircled by 13 stars, and a reverse displaying an eagle with outstretched wings clutching arrows and an olive branch.
Graded NGC AU-55, it reflects light circulation wear while preserving significant design features. NGC has graded 405 as AU55 with 436 finer. Its honest wear is a sign that it was used in commerce or banking.
Designer James B. Longacre, renowned for portrait illustrations in biographical works, became the U.S. Mint's fourth Chief Engraver in 1844, succeeding Christian Gobrecht. Longacre's tenure until 1869 produced enduring designs, including the Liberty Head motif that defined this double eagle from 1849 to 1907.
In AU-55 condition, the 1870-S exhibits decent luster, with a subtle grainy texture that highlights the coin's original mint brilliance beneath minimal friction. The strike quality is generally strong, with sharp details in Liberty's hair curls, coronet, and the eagle's feathers, though peripheral elements may show slight softness typical of San Francisco production.
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