Comments on: Better Date Type Two Liberty Head Double Eagles: A Re-Evaluation http://www.raregoldcoins.com/market-blog/better-date-type-two-liberty-head-double-eagles-a-re-evaluation Douglas Winter Numismatics Wed, 01 Feb 2012 22:17:06 +0000 hourly 1 By: AD http://www.raregoldcoins.com/market-blog/better-date-type-two-liberty-head-double-eagles-a-re-evaluation#comment-1065 AD Tue, 19 Jan 2010 03:39:48 +0000 http://www.raregoldcoins.com/?p=6443#comment-1065 Doug, I believe the 1871 $20 is among the most undervalued issues in the entire series, especially in the upper AU and MS grades. This notion is support by the data in the NGC census and PCGS population reports. A comparison of the graded populations for the 1871 and 1870 issues is very interesting. The total NGC and PCGS graded populations of 1871 $20 coins are 215 and 137, respectively (352 combined), and the total graded populations of 1870 $20 coins are 239 and 159 (398 combined). This is not a sizable difference, but a bit rarer as you noted. More interesting is the mint state data, the total number of NGC and PCGS grading events for 1871 $20 coins are 11 and 13 (24 combined), while for 1870 there are 32 and 36 (68 combined). I believe this nearly 1/3 fewer mint state examples for the 1871 is significant. Perhaps the tiny hoard that entered the market in the 1980’s is not reflected in the population reports. From a pricing perspective for quite some time, the 1871 has generally been inferior to the 1870. Coin values shows $2000 versus $3000 in AU50, $5000 versus $5500 in AU58 and $6500 versus $10000 in MS60. Excellent Blog, as always. Doug,

I believe the 1871 $20 is among the most undervalued issues in the entire series, especially in the upper AU and MS grades. This notion is support by the data in the NGC census and PCGS population reports. A comparison of the graded populations for the 1871 and 1870 issues is very interesting.

The total NGC and PCGS graded populations of 1871 $20 coins are 215 and 137, respectively (352 combined), and the total graded populations of 1870 $20 coins are 239 and 159 (398 combined). This is not a sizable difference, but a bit rarer as you noted. More interesting is the mint state data, the total number of NGC and PCGS grading events for 1871 $20 coins are 11 and 13 (24 combined), while for 1870 there are 32 and 36 (68 combined). I believe this nearly 1/3 fewer mint state examples for the 1871 is significant. Perhaps the tiny hoard that entered the market in the 1980’s is not reflected in the population reports. From a pricing perspective for quite some time, the 1871 has generally been inferior to the 1870. Coin values shows $2000 versus $3000 in AU50, $5000 versus $5500 in AU58 and $6500 versus $10000 in MS60.

Excellent Blog, as always.

]]> By: reid http://www.raregoldcoins.com/market-blog/better-date-type-two-liberty-head-double-eagles-a-re-evaluation#comment-1064 reid Mon, 18 Jan 2010 20:53:35 +0000 http://www.raregoldcoins.com/?p=6443#comment-1064 The 1873 c losed is also overlooked and very scarce and undervalued in unc . I got my 73 closed in pcgs 60 ogh at bowers & merena for $3600. a bargan. check the pop. The 1873 c losed is also overlooked and very scarce and undervalued in unc . I got my 73 closed in pcgs 60 ogh at bowers & merena for $3600. a bargan. check the pop.

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