1862-S $20 PCGS AU-58 The 1862-S double eagle had one of the higher mintages of all Civil War gold coins. A total of 854,173 pieces were struck for circulation, and most ended up there. As a result, Mint State pieces are rare and AU coins are very scarce as well. In fact, in high grades, this is one of the scarcest Civil War issues from the San Francisco Mint in high grades.

The present piece is a fresh looking example of this issue, now almost 150 years old. Only the slightest friction wear is seen on the highest points, but this does not detract at all. The fields are very choice, and do not feature the heavy bagmarks usually seen on these large gold coins. The coin has toned slightly to a very attractive yellow-orange color.

In addition to the above, the present coin is totally original, and has abundant luster on both sides. Considering that, pieces graded MS-61, have sold for as high as $18,000, the present offering represents a great opportunity to obtain this scarce issue at a collectable, and affordable, grade.