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Lot
5079

1879-O $20 XF40 NGC....

2011 July Orlando Summer FUN Signature US Coin Auction #1157

 
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Auction Ended On: Jul 8, 2011
Item Activity: 5 Internet/mail/phone bidders
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Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819
Description:

1879-O Liberty Double Eagle, XF40
The Only Type Three O-Mint Twenty
1879-O $20 XF40 NGC. The New Orleans Mint was closed at the dawn of the Civil War and remained closed many years afterward. After passage of the 1878 Bland-Allison Act, the government needed every available coinage facility, including New Orleans, for Morgan dollar production. Reopening in 1879, the Louisiana facility coined nearly 3 million silver dollars, along with 1,500 eagles and 2,325 double eagles.
As the only Type Three Liberty twenty from that mint, the 1879-O is extremely popular with collectors. This piece is a pleasing XF with green-gold surfaces, tinges of bluish-violet peripheral toning, traces of luster, and only minor marks. Census: 9 in 40, 58 finer (5/11).
From The Jeepy-Louise Collection.(Registry values: N4719) (NGC ID# 26B8, PCGS# 8990)

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