Park Avenue Numismatics
2742 Biscayne Blvd.
Miami, FL 33137
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This collection contains one Silver Eagle dated for each year since the inception of the series in 1986, including the 1996 key date coin. Each of the 33 Silver Eagle coins in this set contains 1 oz of .999 fine Silver.
Today's selection is the...
1885 $20 Liberty
In 1885, the Philadelphia Mint coined a meager 828 double eagles, a figure that includes 77 proofs, among the lowest mintage issues in the entire regular issue series of U.S. gold coinage. It is only these proofs that provides a supply of the date to collectors, keeping the price of business strikes somewhat subdued. Like nearly all others, this piece has semi prooflike surfaces with a hint of contrast between the fields and devices. Radial flowlines just inside the border on each side are the only characteristic that distinguishes this business strike specimen from the proofs. It has deep greenish-gold color with hints of orange. An attractive example, and extremely rare at this grade level.
Offered at $77,500
The Mint Act of 1792, provided for the coinage of a quarter dollar denomination, "each [coin] to be of one fourth the value of the dollar or unit, and to contain ninety-two grains and thirteen sixteenth parts of a grain pure, or one hundred and four grains of standard silver." The dollar "unit" was to be exchangeable on par with the Spanish milled dollar, which dominated local commercial channels along with its subsidiary denominations. Thus, the United States quarter was equal to the Spanish two reales piece, or "two bits." The inaugural coinage was only 6,146 pieces, after which the denomination was not coined again until 1804. The 1796 is a one-year type with a Small Eagle reverse. Examples are known in low circulated grades all the way through Mint State, and collectors seek examples across the spectrum. Listed at $34,750 in “VF” in the NGC price guide and $45,000 in the PCGS price guide.