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

Description

Elusive 1859-O Eagle, AU55

1859-O $10 AU55 NGC. The 1859-O ten dollar gold coin comes from a small mintage (2,300 pieces), and has a small population (NGC and PCGS have certified 64 coins, all but one in circulated condition). David Akers has stated that the issue is the rarest ten dollar gold coin from the New Orleans Mint and is one of the rarest coins in the 224 coin series. Walter Breen once estimated that there were fewer than a dozen survivors, but recent discoveries indicate that the range is more like 50-75 examples in all grades. The date is still very elusive, and rarely appears at auction more than two or three times per year. Moreover, the issue is almost always seen in circulated condition, with a soft strike and many distractions. Douglas Winter, in his Gold Coins of the New Orleans Mint: 1839-1909, writes: "This date has below average eye appeal. The typical 1859-O eagle is well worn and shows scattered deep abrasions on the obverse and reverse." The 1859-O was unknown in Mint State until a single MS62 example was recovered from the wreck of the S.S. Republic.
As if to controvert Winter's assertion, the AU55 offering in this sale projects above-average eye appeal. The yellow-gold surfaces display some prooflike flashes in the protected areas, and the design features are nicely defined, including the hair at Liberty's ear and the eagle's leg feathers, areas that are often weak. The usual flatness occurs in the star centers, however. The surface quality is much better than often seen, as the marks scattered about are relatively minute, though we do note a minor obverse rim bruise at 4 o'clock. Census: 4 in 55, 2 finer (9/08).(Registry values: N7079) (NGC ID# 2642, PCGS# 8629)

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
October, 2008
23rd-25th
Internet/Mail/Phone Bidders: 5
Members Tracking: N/A
Page Views: 513

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

Heritage membership

940,743
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 5 days left to consign to the 2015 September 16 - 21 US Coins Signature Auction - Long Beach!

Learn about consigning with us

Bidding in auctions like yours is certainly the best way to buy…
J.S. ,
Fairfield, OH
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