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Lot
3883

1856-O $10 AU55 NGC....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
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Auction Ended On: Sep 19, 2008
Item Activity: 3 Internet/mail/phone bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Lot Viewing:
Room 104A

Auction Room:
Room 103B

Description:
Beautiful 1856-O Eagle, AU55
1856-O $10 AU55 NGC. The New Orleans Mint struck few gold coins in 1856 as the San Francisco Mint picked up the pace to convert newly mined gold into specie. In fact, New Orleans coined just 47,850 gold coins of all denominations throughout the year, using a little over 14,000 ounces of gold. In the same year, San Francisco struck almost 1.5 million gold coins, using 1.22 million ounces of gold!
This delightful Choice AU eagle has excellent light yellow-gold luster with traces of orange patina. The fields retain some reflective appearance especially close to the devices. Census: 21 in 55, 20 finer (8/08).(Registry values: N2998) (NGC ID# 263R, PCGS# 8620)

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Also, noteworthy, this sale represents the highest price achieved for an Isle of Palms oceanfront home in over two years.
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