Bidspirit auction | *Highlight* 1885-p Liberty $20 Graded

*Highlight* 1885-p Liberty $20 Graded ms62 - ***Auction Highlight*** 1885-p Gold Liberty Double Eagle $20 Graded ms62 By SEGS. HIGHLIGHT OF THE YEAR - Up for Auction is a Rare Opportunity to our Gold Collectors, a wonderful Mint State Proof Like 1885 $20 Gold Liberty Double Eagle. One of less than 15 Known Uncirculated Examples. Fully prooflike in finish, this gorgeous piece exhibits pronounced contrast between reflective fields and sharp, satiny devices. The entire coin is draped in original light orange patina that enhances exceptional eye appeal. A beautiful Mint State example of a classic rarity in the Type III Liberty double eagle series.With the exception of 1888, the Philadelphia Mint struck very few double eagles throughout the 1880s. In 1885 only 751 coins were struck, making this one of the lowest mintage figures for circulation strike coins of the entire Liberty double eagle series, exceeded only by the 1882 and the 1861 Paquet Reverse coins. During this period, double eagles mostly circulated in the West, while in the East and the South there was not much call for the denomination since newly issued Silver and Gold Certificates were easily convertible into coin if so desired. The San Francisco Mint furnished the West's need for the gold coins, resulting in low mintages at Philadelphia. When collectors wished to obtain a specimen for the year, most would opt for the Proof coins. It is currently estimated that some 100 or so specimens exist in any grade, a significant percentage of the overall mintage. The majority of the surviving examples are in the EF to AU levels. Not a single Gem example has been recorded by any grading services and only two grading events are noted at the MS-63 level. This is a seldom encountered opportunity for the serious Liberty double eagle specialist to add a landmark rarity to his or her cabinet. I have included 2 other ms62 for your comparison.