Here's a great
big of Civil War Double Eagle gold coin in Very
Choice About Uncirculated condition ! Excellent
quality graded by NGC also sporting a green
CAC sticker. Start an 1861 Set of the 1st year
of the Civil War or assemble a set of Philadelphia
mint Civil War Double Eagles. Call/Email
to Reserve now as these coins are starting to
see the spreads for CAC specimens and non-CAC
specimens widen considerably, seems like the
premiums are as low as they can be, one just
like it just sold at Heritage Auctions the other
night for $3,290.00. Here’s one hand picked
for less, same price for dealers at only $2,975.
1861 $20 NGC
AU55 CAC. Type 1 Double Eagle. Here is an
outstandingly beautiful Civil War dated 1861
Double Eagle. The colors and luster show the
coin’s originality. The strike is strong
with full details on the centers of the stars
and the design details of the reverse, especially
the eagle. The surfaces are extremely clean
for the grade with no notable abrasion marks
or other distractions. The CAC sticker indicates
that the coin is a premium quality piece that
fully merits the assigned grade.
The double eagle was designed
by James B. Longacre. It shows a Liberty head
facing left, wearing coronet inscribed LIBERTY.
Her hair is tightly tied in the back with
two loose curls hanging down her neck to the
end of the truncation. She is surrounded by
thirteen six-pointed stars with the date below.
Dentils are near the edge on both sides of
the coin. The reverse shows a heraldic eagle
with elaborate ribbons on both sides of the
shield extending from the top corner down
to the eagle’s tail feathers. The ribbons
are inscribed, on the left E PLURIBUS and
UNUM on the right. The ribbons were added
to the design to symbolize the denomination
since this was the first twenty dollar coin.
There is an oval of thirteen stars above the
eagle’s head and an arc of rays from
wing tip to wing tip behind the upper half
of the oval. UNITED STATES OF AMERICA is in
an arc above the eagle, and the denomination
TWENTY D. is below.
The coin was made because
of the huge amount of gold that came into
the Mint from California. With the discovery
of gold at Sutter’s Mill in January
1848, the California gold rush began. It led
to an influx of miners and others into the
area. The vast quantity of gold produced led
to a need for a standard form of exchange.
The double eagle was the government’s
response. They also felt that the new denomination
would be useful for large commercial transactions
and that it would facilitate foreign trade.
Longacre was born in Pennsylvania
in 1794. When he finished his apprenticeship
in Philadelphia as a bookseller and a banknote
engraver, he worked on his own as an engraver
of book illustrations and bank notes. His
works included one on the signers of the Declaration
of Independence and another on stage personalities.
In 1830, Longacre began a series of biographies
of famous men in the military and the political
arena. In 1834 the result of this series became
the National Portrait Gallery of Distinguished
Americans that was published in four volumes.
Longacre and those who worked with him became
famous because of this work.
In 1844 Longacre came to work
at the Mint. He was opposed by Franklin Peale,
the Chief Coiner. Peale was probably responsible
for some blundered dies that Longacre was
criticized for making. Peal was involved in
a private, illegal medal manufacturing business
using Mint facilities. He was concerned that
this new political appointee would interfere
with his business, and he resisted Longacre’s
appointment as Chief Engraver. Finally in
1854, Peale was fired by President Franklin
Pearce. Longacre flourished in his position
and was responsible for creating many new
designs including the Indian Head cent, the
two-cent piece, the Shield nickel, the Liberty
Head gold dollar, the Indian Princess gold
dollar, the three-dollar gold piece, and the
Liberty Head double eagle.
In its population report,
as of September 2013, CAC has confirmed 19
1861 Double Eagles at the AU55 grade level.
AND NOW YOU HAVE A CHANCE TO PURCHASE
THE 1861 DOUBLE EAGLE BUY
IT HERE !
