1857-O $20 AU58 PCGS. Variety 1....

Description

1857-O Double Eagle, AU58
Semiprooflike, Frosty Devices

1857-O $20 AU58 PCGS. Variety 1. The New Orleans Mint struck double eagles annually from the start of the series in 1850 until the closure of the facility in 1861. Eighteen years later, the New Orleans Mint reopened to help strike silver dollars, but tens and twenties were also struck that year. Although 13 dates of O-mint double eagles were produced, only the 1850-O through 1853-O regularly appear at auction. The 1857-O has a mintage of just 30,000 pieces and is rare in all grades. The median grade is AU50, and AU58 is the highest grade practically obtainable, since the handful of Mint State pieces trade for about six figures on the few occasions when they emerge from tightly held collections. The present green-gold Borderline Uncirculated example has semiprooflike fields and frosty devices. Marks are minor for the designated grade, and the eye appeal is exceptional. Population: 11 in 58, 3 finer (6/20).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 2694, PCGS# 8921, Greysheet# 9883)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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