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Lot
6698

1861-O $20 VF35 NGC. With links to the Confederacy, the 1861-O is an immensely popular Liberty Double Eagle. The original m...

2005 June New York, NY Signature Auction #380

 
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Auction Ended On: Jun 30, 2005
Item Activity: 10 Internet/mail/phone bidders
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Location: New York, NY
Description:
Historical 1861-O Twenty Dollar
1861-O $20 VF35 NGC. With links to the Confederacy, the 1861-O is an immensely popular Liberty Double Eagle. The original mintage for this date is 17,741 pieces, a total that can be subdivided as follows: 5,000 coins delivered by the United States in January 1861; 9,750 pieces delivered by the state of Louisiana from late January through May 1861; and 2,991 coins struck under authority of the Confederate States sometime on or after June 1, 1861. Examples from each of the three deliveries are indistinguishable.
Writing in 2002, Doug Winter estimates that 135-165 1861-O Double Eagles are extant. The vast majority of survivors grade VF20-XF40 with the present representative being within those parameters. This coin is a little softly defined, particularly in the date area. The reverse is overall bold in appearance, but accuracy compels us to mention some indistinct detail over some of Liberty's hair curls and the star centrils on the obverse. A green-gold piece with remnants of a semi-prooflike finish evident at certain angles.(#8934) (Registry values: N1793) (NGC ID# 269J, PCGS# 8934)

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