1851-O $20 MS(PCGS#8905)

Winter 2022 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

7297

等级

MS61

价格

194,920

详细说明

Very Rare Mint State 1851-O $20 1851-O Liberty Head Double Eagle. Winter-2. MS-61 (PCGS). This is an exceptionally well preserved example of the otherwise relatively obtainable 1851-O double eagle. Originally preserved surfaces exhibit attractive color and full mint luster. The strike is more than adequate by early New Orleans Mint standards. Uncommonly smooth for the assigned grade, and offering outstanding eye appeal, this impressive coin would serve as a highlight in an advanced double eagle set or Southern gold collection. After a modest mintage of 141,000 pieces in 1850, the New Orleans Mint increased double eagle output to 315,000 coins in 1851. Clearly more gold from California reached the Crescent City, and the 1851-O actually has the highest mintage among New Orleans Mint double eagles. Perhaps not surprisingly, this is the most frequently encountered O-Mint double eagle in numismatic circles. Survivors are scarce in an absolute sense, however, and particularly relative to those of many Philadelphia Mint issues of the era such as the 1851, 1852 and 1853. As with all early date Liberty Head double eagle issues, the 1851-O is typically offered in circulated grades, most examples grading EF-40 through low end AU. Mint State survivors are exceedingly rare, most of which have survived purely as a matter of chance. There was no contemporary numismatic interest in these early double eagles, especially from the New Orleans Mint. Writing in the 2004 reference A Guide Book of Double Eagle Gold Coins, Q. David Bowers asserts that only six to 10 Uncirculated 1851-O double eagles are extant, although Doug Winter gives an updated estimate of 15 to 20 such pieces in the 2020 edition of Gold Coins of the New Orleans Mint: 1839-1909. Recent finds in Europe and elsewhere have increased the total and account for Winter's range, but in an absolute sense Mint State 1851-O double eagles remain rare. The significance of this offering for the advanced gold enthusiast can hardly be overstated. Provenance: From the Fairmont Collection - CBL Set. PCGS Population: 7; 10 finer (MS-63 finest). PCGS# 8905. NGC ID: 268J. Click here for certification details from PCGS.