Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

1859-O Double Eagle, AU50
Possibly Pike's Peak Gold

1859-O $20 AU50 PCGS. Gold deposits at the New Orleans Mint reached their peak in 1851 through 1853, and were extremely limited in the later 1850s. Records show that just 168 deposits of gold were made at that Mint in 1859, including 43 in the first quarter, 42 in the second quarter, 26 in the third quarter, and 57 in the fourth quarter. The third quarter was lowest due to the peak of summer when business activities were limited due to the desire of most wealthy citizens to escape the New Orleans humidity. Gold deposit records for New Orleans during the 1850s are available at the Fort Worth, Texas, branch of the National Archives.
A review of records from November and December 1859 yields the fascinating information that "Pike's Peaks Dust" was among the gold deposited at New Orleans.
A lone die pair was used for production of 9,100 coins. This lovely AU specimen has light greenish-gold surfaces with hints of coppery-rose toning on each side. Considerable luster is still visible, especially in the protected areas. Population: 9 in 50, 17 finer (2/12).
Ex: Bowers and Merena (8/2010), lot 1831.(Registry values: N4719) (NGC ID# 269B, PCGS# 8927)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
March, 2012
8th-11th
Internet/Mail/Phone Bidders: 11
Members Tracking: N/A
Page Views: 714

Buyer's Premium per Lot:
15% of the successful bid (minimum $14) per lot.

Heritage membership

941,099
bidder-members
$883,430,746
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Only 3 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!

Learn about consigning with us

Your team did an exceptional job of exceeding our expectations in the advertising, handling and actual auction.
George A. Guck
Director, Facilities and Corporate Services
Frito Lay
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,332,129
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved