1870 $20 Proof Featured at GreatCollections

Ian Russell on Tue, Apr 08, 2014 09:27:24 AM
1870 $20 Proof Featured at GreatCollections
Double Eagle is one of only 4-5 in private hands

April 6, 2014, Irvine, Calif. – GreatCollections is proud to offer a rare Proof Double Eagle in their auction ending on Sunday, April 13, 2014.  The 1870 Double Eagle is graded PCGS Proof-64 DCAM by PCGS and is expected to sell for over $140,000.

"It is always a privilege to offer a coin of this stature, which is being sold completely unreserved.  The high-end coin market is very vibrant today, and this coin is sure to attract spirited bidding," said Ian Russell, President/founder of GreatCollections.

Only 35 coins were minted of this rarity with approximately 10-20 known today.  Just four or five coins are available to private collectors; the remaining are in museums and other institutions including the Smithsonian, which holds two examples.

Russell continued: "The last time a coin in this grade was sold, it brought $109,250 back in 2004.  We are obviously expecting a higher price today."

Other highlights in the auction include:

1787 Fugio Cent UNITED STATES 4 Cinq PCGS MS-64+
1859 Seated Dime PCGS MS-64 (Doily Holder)
1889-CC Morgan Dollar PCGS MS-63 PL
1850-O Liberty Double Eagle PCGS XF-45
1861-O Liberty Double Eagle PCGS AU-53

To view professional images of the highlights or other coins in the auction, please visit www.greatcollections.com or telephone 1-800-44-COINS.

View the 1870 Proof Double Eagle at GreatCollections

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About GreatCollections

GreatCollections is an auction and direct sale venue for PCGS, NGC and ANACS certified coins, as well as coins approved by CAC.  GreatCollections handles each coin transaction from start to finish.  For sellers, GreatCollections offers professional imaging for each coin, cash advances as appropriate, and other individualized services generally not available with the large auction houses and other websites, freeing the seller to do nothing except collect the proceeds of the sale directly from GreatCollections.  Buyers benefit by entrusting a venue whose principals have years of coin experience and whose reputations in the industry are impeccable.

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