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1861 $20 For Grading

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Scarp9603's Avatar
United States
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 Posted 01/03/2017  07:43 am Show Profile   Bookmark this topic Add Scarp9603 to your friends list Get a Link to this Message Number of Subscribers


1861-$20-For-Grading

1861-$20-For-Grading
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IndianGoldEagle's Avatar
United States
36841 Posts
 Posted 01/03/2017  08:25 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
AU-53
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moxking's Avatar
United States
17900 Posts
 Posted 01/03/2017  08:25 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Typical soft strike on obverse makes it difficult to decide degree of wear and or light strike, so I'd use degree of luster remaining as an indicator of EF-45.

Reverse nicely struck, also as typical, slightly less rub evident, slightly better luster remnant among tighter design elements. AU-50.

As a single grade I think it might still make the AU-50, but only barely.

If you have a choice, this isn't a Coin I'd choose because of the seriously detracting bag marks, especially on Obverse, particularly on cheek.

1861 is relatively common in EF-40 to AU-55. I'd find one with a few less marks, especially marks in high importance areas.
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billjones's Avatar
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 Posted 01/03/2017  08:29 am  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
I would grade this one AU-50. I agree with the opinions expressed above that you can find an example of this date with fewer marks and a better look.

The 1861 double eagle was minted at a time when the Union Government thought that the Civil War would be short, and it could be paid for with gold coins. As a result all of the mintages for the 1861 gold coins, except the Three Dollar Gold Piece, are high for that era. In 1862, reality set in, and the Union learned that they would have to finance the war with debt and paper.
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TypeCoin971793's Avatar
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 Posted 01/03/2017  09:05 am  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
AU-53
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Dustin6's Avatar
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 Posted 01/03/2017  12:22 pm  Show Profile   Bookmark this reply Add Dustin6 to your friends list Get a Link to this Reply
Au-53 here too
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Coinfrog's Avatar
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 Posted 01/03/2017  4:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I agree; not particularly appealing.
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panzaldi's Avatar
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18689 Posts
 Posted 01/03/2017  6:06 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
I'm at XF45 might push AU50 but its nicked up pretty good so i'd conservatively put it at 45
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MorganGuy78's Avatar
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 Posted 01/03/2017  7:30 pm  Show Profile   Bookmark this reply Add MorganGuy78 to your friends list Get a Link to this Reply
AU-53
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Joseph7420's Avatar
Canada
11922 Posts
 Posted 01/03/2017  9:45 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
It looks like it could make AU-53.
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paralyse's Avatar
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12057 Posts
 Posted 01/03/2017  10:15 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
AU53, it's circulated gold so I will give it a bit more leniency on circulation and handling marks.
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Canada
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 Posted 01/05/2017  12:29 am  Show Profile   Bookmark this reply Add Alan to your friends list Get a Link to this Reply
Au50
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coin197's Avatar
United States
1963 Posts
 Posted 01/05/2017  01:11 am  Show Profile   Bookmark this reply Add coin197 to your friends list Get a Link to this Reply
AU 50.
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