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Complete Set of Gold $20 Type 1 Double Eagles

About the Coin

The 1866-S No Motto is supposed to be one of the hardest Type 1 double eagles to find with a minimum of contact marks. Most are heavily abraded with deep, detracting contact marks. This coin is definitely one of the nicer ones with no deep marks and minimal abrasions. This coin has very good eye appeal for the grade.

This is the coin that everybody seems to be after nowadays. This is a coin that should not exist. By the time the San Francisco mint got the news from Philadelphia to switch to the new reverse with the In God We Trust motto, they had already released thousands into circulation.

This is one of the Type 1 double eagles where no mint state coins were known to exist as recently as a couple of years ago. But with grading standards slipping, it seems inevitable that a few AU crackouts will eventually get an uncirculated grade. But even in About Uncirculated (AU) there are only about 20 to 25 examples believed to be in existence.

One interesting note about the 1866-S No Motto double eagle is that it is one of only two Type 1 double eagles not to have been found on the S.S. Republic shipwreck. The other being the ultra rare 1856-O. This of course was due to the fact that the shipwreck occured in 1865, a few months before the 1866-S No Mottos were struck.

Designer: James B. Longacre
Weight: 33.436 grams
Diameter: approx. 34mm, reeded edge
Composition: 90% gold, 10% copper/silver

1866-S Gold $20 Double Eagle

Type 1 No Motto

Total Mintage: approx. 12,000
Overall Rarity Ranking: 12 of 44 coins
Overall Population: approx. 175 to 200 coins

1866-S No Motto $20 Double Eagle Obverse
1866-S No Motto $20 Double Eagle Reverse

The Arlington Collection of Double Eagles