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Lot
5006

1859-O $20 AU53 NGC....

2011 July Orlando Summer FUN Signature US Coin Auction #1157

 
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Auction Ended On: Jul 8, 2011
Item Activity: 9 Internet/mail/phone bidders
871 page views
Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

1859-O Double Eagle, AU53
Fourth-Rarest O-Mint Twenty
1859-O $20 AU53 NGC. In 1859 the New Orleans Mint coined 9,100 double eagles, and about 1% of those survive, about 75 to 85 coins according to Doug Winter. Among the survivors are less than two dozen pieces that grade AU50 or better, although combined NGC and PCGS population figures suggest a slightly higher total, but those figures include resubmissions.
Although an obvious mark is visible between stars 11 and 12, the surfaces are far finer than usually encountered. This piece has light yellow luster with excellent design definition and slightly reflective fields, especially in the protected areas. Census: 8 in 53, 26 finer (5/11).
From The Jeepy-Louise Collection.(Registry values: N4719) (NGC ID# 269B, PCGS# 8927)

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