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Lot
8829

1854-O $20 AU53 PCGS....

2005 Ft. Lauderdale FL. (FUN) Signature Sale #360

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Auction Ended On: Jan 14, 2005
Item Activity: 7 Internet/mail/phone bidders
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Location: Fort Lauderdale, FL
Description:
Legendary 1854-O Double Eagle AU53
1854-O $20 AU53 PCGS. Among the popular New Orleans Mint Double Eagles, the 1854-O ranks a close second in overall rarity behind the equally well known 1856-O. The original mintage for the 1854-O was a paltry 3,250 pieces, and it is one of the rarest of all Coronet Twenties, being comparable to other such noteworthy issues as the 1870-CC, 1881, 1885, 1886, and the proof-only dates from the 1880s. Collector interest (and prices realized) for these prized O-mint rarities has escalated in recent years, as evidenced by two AU or better examples sold by Heritage last year, both in excess of $160,000. This bright yellow-gold example displays prooflike tendencies in the recesses and bits of reddish patina about the peripheries. Surface marks are scattered and generally unobtrusive. A fine bidding opportunity for the serious O-mint or Southern gold collector. Population: 1 in 53, 2 finer (11/04).
From The Cincinnati Collection.(#8912) (Registry values: N10218) (NGC ID# 268T, PCGS# 8912)

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