Lot # 19: 1898-S Twenty Dollar Liberty Head Gold Double Eagle Coin

A highly favored coin type is spotlighted, with the presentation of this 1898-S $20 Liberty Head gold coin. Known as a "Double Eagle", this large denomination coin has a 90% gold composition, and a weight of 33.40 grams. This coin was struck at the San Francisco Mint in an original quantity of 2,575,175 pieces. Today, the surviving population is estimated at 160,000 pieces, a small fraction of the original mintage. Details and luster remain decent, with this coin presenting as a VF+ example. Given gold's meteoric rise over the past year, $20 gold pieces are red hot, and many sources suggest the trend up will continue this year.