Type I, an 1857-S recovered from the SS Central America." The split of the SS Central America recovery went something like 92% to guys who put the coins in the PCGS gold foil tag holders and 8% to the guys who put the coins in NGC holders. This one is in an NGC holder. It sells for less because of that. A Civil War era piece, dated 1861. The mintage was high because the Union incorrectly thought at first that it could finance the war with gold. The Type II $20 Liberty is hardest to get in Mint State because there have never have been any shipwreck hoards of them recovered. This one, graded MS-63. is actually quite nice for the type. Finding one in MS-65 or better is almost impossible. That's because none of them were lost to be recovered at sea. It has the motto, "In God we trust," with the denomination shown as "TWENTY D." I have an 1896 $20 gold in my collection because the political battles between the "gold bugs" and "silver bugs" during the presidential election campaign that year. This is the Type III with "In God we trust" and the value, "TWENTY DOLLARS." This 1907-D marked the end of $20 Liberty type.
These are for sure very cool coins, was thinking of pulling the triggers a couple times however the holders looked like they have been kept in a war zone !
Yes, “war zone” holders are the product of a few auction appearances. You can often polish them with auto headlight wax.
Thr problem that I have seen more so not is the label inside, my god it looks like someone chewed on the gold foil very nasty and unappealing especial if your going to spend $12,000 on a coin !
I have only one slab with a gold foil label so I have not experienced this. How does the label get damaged in a sealed compartment?
Not sure really, but it looks like it was left out in the environment believe or not something to that affect was shriveled up and looked a mess !