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Lot 2248 |
1855-O $20 XF40 NGC....
Auction: 2008 December Houston, TX Signature Coin Auction #1118
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| Sold for: | Sign-in or Join (free & quick) |
| Ended: | Dec 4, 2008 |
| Item Activity: |
9 Internet/mail/phone bidders
 1,067 page views |
Description:
The Pittman 1855-O Double Eagle, XF40
1855-O $20 XF40 NGC. The New Orleans Mint produced a modest 8,000 double eagles in 1855, and survivors are few and far between in any grade. Dave Bowers comments in A Guide Book of Double Eagle Gold Coins: "The 1855-O, sandwiched between the classic rarities 1854-O and 1856-O, is very hard to find in any grade. Fewer than a hundred pieces are believed to exist, mostly VF and EF, these grades holding for most of the great 'name' collections formed over the years."Jeff Garrett and Ron Guth comment similarly in their Encyclopedia of U.S. Gold Coins 1795-1933: "The rarity of the 1855-O double eagle is often overshadowed by the 1854-O and 1856-O issues. There are fewer than 100 examples known for the date in all grades. This is especially important considering the fact that double eagles are one of the most popular U.S. coins."
David Akers conservatively graded this piece Very Fine in the Pittman catalog, although smooth surfaces and traces of luster suggest the higher XF40 grade that NGC has assigned. Both sides exhibit light orange-gold with hints of green, and with minor marks that are typical of these large gold pieces. In addition, there is a small rim nick at 5 o'clock, and a small planchet depression below the date, the latter as made. The opportunity to acquire an example of the 1855-O double eagle in any grade should be given serious consideration, as examples appear on the market infrequently.
Ex: Lester Merkin (10/1966), lot 374; John Jay Pittman (David Akers, 10/1997), lot 1131.
From The Deadwood Gulch Collection.(Registry values: N2998) (#8915)
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Shipping Description: Coins & Currency (view shipping information)
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1114, Lot 2043 | Sunday, August 3, 2008 | 40 | NGC | $25,300.00 |
| Auction 346, Lot 9948 | Saturday, May 8, 2004 | 40 | NGC | $6,325.00 |
| Auction 380, Lot 6688 | Thursday, June 30, 2005 | 40 | PCGS | $16,100.00 |
| Auction 195, Lot 8415 | Friday, January 8, 1999 | 40 | PCGS | $7,475.00 |
| Auction 192, Lot 7296 | Saturday, September 26, 1998 | 40 | PCGS | $4,485.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
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PLEASE NOTE:
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A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.
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