1857-O $20 MS(PCGS#8921)

August 2018 ANA U.S. Coins Auction Philadelphia, PA

拍卖行

Stack's Bowers

批号

1329

等级

AU50

价格

90,307

详细说明

Key Date 1857-O Double Eagle 1857-O Liberty Head Double Eagle. AU-50 (PCGS). A gorgeous, conditionally scarce example of a key date New Orleans Mint issue that can be elusive even in lower grades. Vivid medium gold surfaces retain ample evidence of a prooflike finish from the dies, a feature that is most pronounced in the protected field areas around the devices. Most design elements are boldly defined, and many retain ample sharpness of strike from the dies. Moderately abraded overall, as one should expect for the assigned grade, yet remarkably free of sizeable distractions for a lightly circulated New Orleans Mint twenty. Premium quality for both the issue and the assigned grade, and sure to please. The 1857-O and 1858-O are anomalies among New Orleans Mint double eagles from the late 1850s, being the only two issues from that era with original mintages in excess of 10,000 coins. For the 1857-O, records provide a figure of 30,000 pieces struck in New Orleans, despite the mint being closed in the early part of the year due to repair work to the building. Apparently more gold bullion reached New Orleans from California in 1857 than in the previous three years, and proportionally more coins were produced. However, a more generous mintage does not mean that the 1857-O is a readily obtainable double eagle. In fact, it is still an elusive key date, with perhaps as few as 200 pieces surviving in all grades. Provenance: From the Soberman Collection. Earlier from our (Stack's) New York ANA Convention Sale of August 1976, lot 3188. Lot tag included. PCGS# 8921. NGC ID: 2694. Click here for certification details from PCGS.