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

Description

Attractive 1879-O Double Eagle, XF40

1879-O $20 XF40 NGC. Only 2,325 of these pieces were coined, representing the final New Orleans double eagle, and the only issue of the With Motto type. Prior to this meager coinage total, double eagles were last coined in 1861. In fact, no coins of any denomination were coined during the years from 1862 to 1878. Falling into the hands of the State of Louisiana, and then the Confederacy in 1861, the facility remained dormant for many years following the Civil War. The reopening of the New Orleans facility was in obvious response to the Bland-Allison Act, passed a year earlier. The tremendous quantities of silver that the government purchased and converted to Morgan dollars required maximum coining capability. An interesting question is not why so few double eagles were coined there in 1879, but why any were coined at all. New Orleans continued to produce coinage until 1909, when the presses were halted permanently.
This example has bright yellow surfaces with satiny luster and prooflike reflectivity remaining in the protected areas of the fields near the design elements. Both sides have the usual scattered abrasions with an obverse rim bruise at star 8. The design elements are sharp and the overall eye appeal is excellent for the grade. The opportunity to acquire any 1879-O double eagle seldom occurs. In the last 15 years we have handled less than 40 pieces in our auctions. Census: 10 in 40, 57 finer (9/08).
From The Deadwood Gulch Collection.(Registry values: N4719) (NGC ID# 26B8, PCGS# 8990)

View all of [The Deadwood Gulch Collection ]

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

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
December, 2008
4th-6th
Internet/Mail/Phone Bidders: 6
Members Tracking: N/A
Page Views: 2,665

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

Heritage membership

940,883
bidder-members
$883,393,574
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 4 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!

Learn about consigning with us

Your friendly, professional staff does a first rate job.
J.S. ,
Johnstown, PA
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