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

Description

Impressive 1861-O Double Eagle, AU53

1861-O $20 AU53 PCGS. CAC. The New Orleans Mint produced half dollars and double eagles in the first few months of 1861 before Louisiana seceded, with additional examples struck under State authority and still more under Confederate authority. Mintage figures for each government are known including 5,000 double eagles for the United States; 9,750 for Louisiana; and 2,991 for the Confederate States. Those mintage figures derive from the Annual Report of the Director of the Mint for the fiscal year ending June 30, 1887.
Only one obverse die was used for the entire mintage of 1861-O double eagles, in combination with reverse dies that remained from previous years. Despite substantial study of die states, it is still uncertain which coins were struck under each different government. Some pieces have a weak date, others have a strong date, and some of the strong date coins have a die crack from the rim over star 2, extending inward toward Liberty's chin.
In his 2006 revision of the Gold Coins of the New Orleans Mint: 1839-1909, Doug Winter provides a plausible theory that the weak date coins were struck first, the strong date coins next, and the strong date coins with the obverse die crack last. His observations indicate that about one-fifth of all 1861-O double eagles offered at auction show the strong date with the obverse die crack, and that those coins correspond to the 2,991 coins struck under Confederate authority.
Two years earlier, in A Guide Book of Double Eagle Gold Coins, Dave Bowers discussed coins with a hand-strengthened or patched 8 in the date, suggesting that the patched 8 feature might be a key to identification of the Confederate issue. Clearly more study and discussion is needed.
The present specimen clearly shows the patched 8 feature in the date. However, we are unprepared to state that this is a Confederate issue. Bowers suggests that it might be. Winter suggests otherwise. This highly lustrous example has bold design features with lovely honey-gold surfaces. Traces of prooflike reflectivity remain in the protected areas. A small scrape near stars 4 and 5 is the only noticeable imperfection on an otherwise wonderful green-gold representative. Population: 9 in 53, 21 finer (9/10).(Registry values: N4719) (NGC ID# 269J, PCGS# 8934)

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
October, 2010
27th-31st
Internet/Mail/Phone Bidders: 11
Members Tracking: N/A
Page Views: 2,275

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

Heritage membership

946,040
bidder-members
$893,760,340
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 35 days left to consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong!

Learn about consigning with us

Our participation in the Heritage Gallery Auctions on Friday and Saturday were very enjoyable, and we were impressed with every aspect of the auction operation.
E. & N. B.,
Littleton, CO
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 August 12 - 16 ANA US Coins Signature Auction - Chicago
2015 August 12 - 16 ANA US Coins Signature Auction - Chicago
REALIZED $34,801,934
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
2015 August 13 ANA World and Ancient Coins Platinum Night Auction
REALIZED $9,698,676
2015 August 13 ANA Currency Platinum Night Auction - Chicago
2015 August 13 ANA Currency Platinum Night Auction - Chicago
REALIZED $1,870,380

© 2015 Heritage Auctions | All Rights Reserved