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Lot
5624

1861-O $20 XF45 PCGS. The 1861-O is the final Type One double eagle from this Southern mint and it is a desirable, historic...

2006 August Denver, CO Signature & Platinum Night Auction #414

 
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Auction Ended On: Aug 14, 2006
Item Activity: 10 Internet/mail/phone bidders Number of Bidders
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Description:
Historic 1861-O Twenty Dollar, Choice XF45
1861-O $20 XF45 PCGS. The 1861-O is the final Type One double eagle from this Southern mint and it is a desirable, historic issue. A total of 17,741 pieces were struck. 5,000 pieces were produced by the Union and the rest were struck on order of the Confederacy. In the past, it has been stated that those with weakness on the date are the coins struck by the Confederacy but this cannot be proved with complete accuracy. As a date, the 1861-O is similar in rarity to the 1857-O and the 1858-O but it is considerably scarcer in high grades. In fact, in the upper ranges of AU, the 1861-O is fully comparable to the more-heralded 1859-O and 1860-O.
This example has a lovely yellow-gold tint with light wear visible across the high points of the design, and has isolated areas of prooflike luster visible in protected areas. A few moderate abrasions are present, but none are individually distracting or unusual for the grade. An ideal specimen for a specialized double eagle collection.(Registry values: N2998) (NGC ID# 269J, PCGS# 8934)

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