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Obverse of 1865-S Double Eagle     Reverse of 1865-S Double Eagle

  
1865-S DOUBLE EAGLE OR
$20 GOLD

PCGS No: 8944

Mintage:

Circulation strikes: 1,042,500
Proofs: 0

Designer: James Barton Longacre

Diameter: ±34 millimeters

Metal content:
Gold - 90%
Other - 10% 

Weight: ±516 grains (±33.4 grams)

Edge: Reeded

Mintmark: "S" (for San Francisco) below the eagle's tail on the reverse

Images courtesy of Superior Galleries

Varieties:
Large S
Small S

Notes:
The finest 1865-S Double Eagles graded by PCGS are 2 MS-66's.

In August, 2004, NGC published a partial population report of gold coins recovered from the shipwrecked SS Republic.  Included were 249 1865-S Double Eagles, ranging in grade from AU-55 to MS-65.  One of the coins was listed as "Clashed", 30 were listed as "Large S", and 218 were listed as "Small S".

Significant examples:
NGC MS-66.  Ex - Heritage Numismatic Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May 31-June 2, 2001, Lot 9217, plated, sold for $16,100.00  Ex: Brother Jonathan

Recent appearances:
PCGS MS-65, S.S. Brother Jonathan TreasureEx – American Numismatic Rarities, LLC’s “The Classics Sale,” July 25, 2003 , Lot 786, illustrated, sold for $13,800.00  From the Luther A. Breck Collection

NGC MS-65 (illustrated above).  Ex - Superior Galleries "ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 901, where it was described as follows: "1865-S NGC graded Mint State 65. Ex Brother Jonathan Group.  This frosty, bold-struck $20 traces to the hoard of the Brother Jonathan shipwreck that was sold by Bowers and Merena Galleries a few years ago. It is one of the most attractive we have seen, a coin the boasts sharp rims without bad blemishes, and golden-bright luster whose glow and radiance is enjoyable to examine. There is a small mark on Liberty's face just to the right of her lips, but nothing else that would require mentioning. On the contrary, the coin is decidedly superb in whatever way you choose to measure.", sold for $9,200.00

NGC MS-65.  Ex - Heritage Numismatic Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May 31-June 2, 2001, Lot 9216, plated, unsold  Ex: Brother Jonathan

NGC MS-64.  Ex - Heritage Numismatic Auctions, Inc.'s "Philadelphia 2000 Signature Sale", August 6-7, 2000, Lot 7444, illustrated, sold for $7,130.00  From the Dr. Barry Southerland Collection

PCGS MS-64.  Ex - Superior Galleries' "The ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 902, unsold, "Probably from the Brother Jonathan Group"

PCGS MS-64.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "The California Sale", October 2-3, 2000, Lot 1148, sold for $7,475.00

PCGS MS-64.  Ex - Heritage Numismatic Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May 31-June 2, 2001, Lot 9215, plated, sold for $6,325.00  Ex: Brother Jonathan

NGC MS-64.  Ex - Bowers & Merena Galleries' "The Rarities Sale", January 3, 2001, Lot 574, illustrated, not sold

NGC MS-63.  Ex - Bowers & Merena Galleries' "The Rarities Sale", January 3, 2001, Lot 575, illustrated, not sold

NGC MS-62 Brother Jonathan.  Ex - Ira & Larry Goldberg Coins & Collectibles, Inc.'s "Benson Collection, Part I", February 16, 18-20, 2001, Lot 4134, illustrated, sold for $3,680.00

PCGS MS-62.  Ex - Superior Galleries' "The ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 903, unsold  Ex- Brother Jonathan Group

PCGS MS-62.  Ex - Heritage Numismatic Auctions, Inc.'s, "Summer 2001 Long Beach Signature Sale", May 31-June 2, 2001, Lot 9214, plated, sold for $3,105.00  Ex: Brother Jonathan

NGC MS-61.  Ex - Brother Jonathan Group (Coin #830) - Superior Galleries' "The ANA 2001 National Money Show Auction", March 8-9, 2001, Lot 900, unsold

EF-45.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 851, not illustrated, sold for $862.50  Purchased from Lester Merkin, January 24, 1968

EF-45.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 852, not illustrated, sold for $862.50  Purchased from Ed Shapiro, February 16, 1968

EF-40.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 853, not illustrated, sold for $747.50  Purchased from Leo Young, date not recorded

VF-35.  Ex - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 854, not illustrated, sold for $529.00  Purchased from Lester Merkin, January 24, 1968

Sources and/or recommended reading:
"The PCGS Population Report, July 2004" by The Professional Coin Grading Service

"The NGC Census Report", August 13, 2004, www.ngcoin.com