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Description

Sharp, Lustrous 1861-O Double Eagle, AU58

1861-O $20 AU58 NGC. The 1861-O is a scarce Type One double eagle that has a certain mystique lacking from other dates. Most of the mintage was struck either under the auspices of the State of Louisiana or the Confederacy. It is impossible to know with certainty which coins are which, but many people believe the coins that show weakness at the base of the date are the CSA pieces. Most surviving examples are VF or XF, with AU pieces elusive. The strike is excellent, and the ample luster is prooflike. As expected, the surfaces are lightly abraded, although to a degree much less than are most early AU58 double eagles. On the reverse, there are a few minute planchet flaws near the S in STATES. Census: 10 in 58, 5 finer (12/07).
Ex: Kreisberg-Schulman Sale (2/60), lot 2872, where it brought $380; Pittman Collection (Akers, 10/97), lot 1141; Long Beach Signature Sale (Heritage, 2/2002), lot 6965.
From The Madison Collection.
(Registry values: N4719) (NGC ID# 269J, PCGS# 8934)

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Auction Dates
January, 2008
9th-12th
Internet/Mail/Phone Bidders: 5
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Page Views: 1,898

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