1861-O $20 AU58 NGC. The '61-O is a very scarce Type One ...

Description

Important AU58 1861-O Double Eagle

1861-O $20 AU58 NGC. The '61-O is a very scarce Type One issue that has a certain mystique lacking from other dates. Most of the mintage was struck either under the auspices of the State of Louisiana or the Confederacy. It is impossible to know with certainty which coins are which, but many people believe the coins that show weakness at the base of the date are the CSA pieces. Most surviving examples are VF or XF with AU pieces being very elusive. The strike is very good, and the ample luster is prooflike in nature. As expected, the surfaces are lightly abraded, although to a degree much less than are most early AU58 Double Eagles. On the reverse, there are a few minute planchet flaws near the S in STATES. Population: 6 in 58, 0 finer (1/02).
Ex: Kreisberg-Schulman Sale (2/60), lot 2872, where it brought $380; Pittman Collection (Akers, 10/97), lot 1141, where it realized $30,800.

Coin Index Numbers: (NGC ID# 269J, PCGS# 8934, GSID# 9899)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 17,741

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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