Search: 8927

Auction 1329 | Lot 5166 » Double Eagles » Liberty Double Eagles

1859-O $20 MS60 PCGS. Variety 3. (PCGS# 8927)

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Grade MS60

Auction Ended

Apr 25, 2021

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Sold For: $150,000.00

Auction 1356 | Lot 3896 » Double Eagles » Liberty Double Eagles

1859-O $20 MS60 PCGS. Variety 3. (PCGS# 8927)

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Grade MS60

Auction Ended

Jan 12, 2023

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Sold For: $138,000.00

Auction 1244 | Lot 14179 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 NGC. Variety 1. (PCGS# 8927)

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Grade AU58

Auction Ended

Sep 9, 2016

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Sold For: $105,750.00

Auction 1117 | Lot 3027 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 PCGS. (PCGS# 8927)

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Grade AU58

Auction Ended

Oct 25, 2008

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Sold For: $97,750.00

Auction 360 | Lot 8834 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 PCGS. The 1859-O is an elusive and widely recognized issue among Liberty Double Eagles. Only 9,100 pieces were struck, and it ranks fourth among New Orleans Double Eagles in overall rarity, narrowly trailing the 1855-O. An estimated 75-85 pieces are known in all grades and, importantly, only a single Mint State example (a PCGS MS60) has been certified by either major service. This Condition Census example is easily as nice as any 1859-O we have ever offered. Both sides show characteristic prooflike qualities and are draped in natural reddish patina. Surface marks are refreshingly minimal and only the slightest break in luster can be detected on the highpoints and exposed fields. Expect strong competition for this desirable O-mint rarity. Population: 4 in 58, 1 finer (11/04).
From The Cincinnati Collection. (PCGS# 8927)

Bid Source: Live: Floor

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Grade AU58

Auction Ended

Jan 15, 2005

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Sold For: $92,000.00

Auction 1298 | Lot 3930 » Double Eagles » Liberty Double Eagles

1859-O $20 AU53 NGC. Variety 4. (PCGS# 8927)

Bid Source: HA.com/Live

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Service NGC

Grade AU53

Auction Ended

Aug 18, 2019

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Sold For: $90,000.00

Auction 1331 | Lot 3211 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 PCGS. Variety 3. (PCGS# 8927)

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Grade AU58

Auction Ended

Jun 20, 2021

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Sold For: $78,000.00

Auction 1208 | Lot 5696 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 NGC. Variety 3. (PCGS# 8927)

Bid Source: Live: Floor

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Grade AU58

Auction Ended

Aug 9, 2014

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Sold For: $76,375.00

Auction 1126 | Lot 3232 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 PCGS. (PCGS# 8927)

Bid Source: Internet

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Grade AU58

Auction Ended

Mar 31, 2009

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Sold For: $74,750.00

Auction 1127 | Lot 1976 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 PCGS. (PCGS# 8927)

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Service PCGS

Grade AU58

Auction Ended

Jul 12, 2009

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Sold For: $71,875.00

Auction 1129 | Lot 1766 » Double Eagles » Liberty Double Eagles

1859-O $20 AU58 NGC. (PCGS# 8927)

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Grade AU58

Auction Ended

Sep 13, 2009

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Sold For: $69,000.00

Auction 414 | Lot 5616 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 NGC. After the three stoppers in the Type One double eagle series (1861 Paquet, 1856-O, and 1854-O), this issue is the fifth rarest in the series, right behind the 1855-O double eagle. In 1859, the New Orleans Mint only produced 9,100 double eagles, and our best estimate suggests that less than 1% of the total still survive today. When David Akers studied double eagle auction appearances a quarter century ago, he felt that this date was not quite as rare as the 1860-O double eagle, and further commented: "The 1859-O is sufficiently rare that it ranks in the top 10% of the entire series according to rarity based on both average grade and frequency of appearance."

We suspect that this example falls within the Condition Census for the date, and it was this grade range that is considered a requirement for the Census according to Winter and Crum. This duo related the rarity and quality of this issue: "The 1859-O is a very scarce issue in all grades. It is most often seen in the Very Fine to Extremely Fine grades and it is rare in About Uncirculated. Most pieces in this grade range are no better than About Uncirculated-53 and the 1859-O becomes very rare in About Uncirculated-55. There is currently only one Uncirculated coin known: a PCGS Mint State-60 in a prominent Midwestern collection."

This example is rather indecisively struck with considerable peripheral weakness, especially among the stars on the obverse. The quality of the surfaces make up for the weakness of strike, as there are essentially no visible abrasions or distractions of any type. Bright green-gold color is evident with traces of rose overtones. Much of the original prooflike surface is still visible on each side. The obverse of this specimen has heavy clash marks, similar to lot 1731 in the October 1999 sale of the Harry Bass Collection. While Winter and Crum suggest that this is a characteristic of all genuine examples, the Harry Bass Collection contained at least two different examples wit (PCGS# 8927)

Bid Source: Live: Floor

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Grade AU55

Auction Ended

Aug 14, 2006

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Sold For: $66,125.00

Auction 1347 | Lot 3380 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 NGC. Variety 3. (PCGS# 8927)

Bid Source: HA.com/Live

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Grade AU55

Auction Ended

Jul 14, 2022

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Sold For: $66,000.00

Auction 1342 | Lot 3300 » Double Eagles » Liberty Double Eagles

1859-O $20 AU53 NGC. CAC. Variety 3. (PCGS# 8927)

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Service Green CAC, NGC

Grade AU53

Auction Ended

Feb 27, 2022

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Sold For: $60,000.00

Auction 394 | Lot 3566 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 PCGS. Bright orange-gold surfaces retain much of their semi-reflective luster and show fewer than the expected number of abrasions in the fields. Contact marks on Liberty's eye and below across the nose, although ill-placed, are not large enough to be severe. Familiar die clashing is seen near the hair curls on the portrait, with both rays and the faint outline of a star being visible. These are seen in varying degrees on virtually every 1859-O Twenty and, in fact, are a reliable method of authentication. All details are quite bold, including the mintmark, which can sometimes be indistinct on the issue.

The 1859-O, one of just 9,100 pieces struck, is a standout rarity among O-mint double eagles and ranks behind only the near-legendary 1854-O and 1856-O issues, being about on par with the similar mintage 1855-O. A similarly graded example sold by Heritage in last year's ANA Sale boldly approached the $50,000 barrier ($48,875 to be exact) and an AU58 in last year's FUN Sale fetched $92,000, so we expect an equally impressive figure for this desirable representative. Population: 4 in 55, 5 finer (11/05). (PCGS# 8927)

Bid Source: Podium

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Service PCGS

Grade AU55

Auction Ended

Jan 7, 2006

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Sold For: $54,625.00

Auction 1201 | Lot 5522 » Double Eagles » Liberty Double Eagles

1859-O $20 AU50 PCGS. (PCGS# 8927)

Bid Source: Live: Floor

Service PCGS

Grade AU50

Auction Ended

Jan 12, 2014

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Sold For: $54,343.75

Auction 1223 | Lot 4457 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 NGC. Variety 1. (PCGS# 8927)

Bid Source: Internet

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Service NGC

Grade AU55

Auction Ended

Aug 12, 2015

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Sold For: $51,700.00

Auction 1281 | Lot 3272 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 PCGS. Variety 2. (PCGS# 8927)

Bid Source: HA.com/Live

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Service PCGS

Grade AU55

Auction Ended

Nov 11, 2018

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Sold For: $51,600.00

Auction 1362 | Lot 3301 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 NGC. Variety 3. (PCGS# 8927)

Bid Source: Internet

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Grade AU55

Auction Ended

Jul 23, 2023

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Sold For: $51,000.00

Auction 382 | Lot 10401 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 NGC. With a mintage of just 9,100 coins, it is immediately apparent that this is one of the rarities in the Double Eagle series. In fact, Doug Winter and Adam Crum noted that this is the fourth rarest of all New Orleans Mint Double Eagles, behind only the 1854-O, '55-O, and '56-O issues. It is also slightly rarer than the 1860-O issue. The author's of An Insider's Guide to Collecting Type I Double Eagles noted: "The 1859-O is a very scarce issue in all grades. It is most often seen in the Very Fine to Extremely Fine grades and it is rare in About Uncirculated. Most pieces in this grade range are no better than About Uncirculated-53 and the 1859-O becomes very rare in About Uncirculated-55. There is currently only one Uncirculated coin known: a PCGS Mint State-60 in a prominent Midwestern collection."

As with all Liberty Double Eagles, regardless of date, it is imperative for the collector to seek examples with good to excellent eye appeal. Examples such as the present coin. Although not sharply struck (there is no such thing as a fully struck '59-O Double Eagle), this example has excellent central details. A few of the stars on the obverse are flat, and there is slight weakness in the upper hair strands at the top of Liberty's head. The surfaces have light greenish-yellow gold, and show evidence of light cleaning as almost always on these coins. The surfaces also exhibit many tiny abrasions, yet no serious marks of any kind. This is one of the finest existing '59-O Double Eagles with an above-average appearance for this issue. It is easily one of the ten finest known examples of the date.

This example has a heavily impressed date with bold digits, and a weaker mintmark with the bottom curve extremely faint, almost missing. Clash marks are visible near Liberty's ear, and other clash marks are noted around the curls on Liberty's neck. These are present on all known examples of this issue, and are an excellent hallmark for authenticity. There is a (PCGS# 8927)

Bid Source: Internet

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Service NGC

Grade AU55

Auction Ended

Jul 30, 2005

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Sold For: $48,875.00

Auction 1157 | Lot 5006 » Double Eagles » Liberty Double Eagles

1859-O $20 AU53 NGC. (PCGS# 8927)

Bid Source: Live: Phone

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Service NGC

Grade AU53

Auction Ended

Jul 10, 2011

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Sold For: $47,437.50

Auction 1234 | Lot 4821 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 NGC. Variety 1. (PCGS# 8927)

Bid Source: HA.com/Live

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Service NGC

Grade AU55

Auction Ended

May 1, 2016

Auction Archives

Sold For: $47,000.00

Auction 368 | Lot 7135 » Double Eagles » Liberty Double Eagles

1859-O $20 AU55 NGC. With a mintage of just 9,100 coins, it is immediately apparent that this is one of the rarities in the double eagle series. In fact, Doug Winter and Adam Crum noted that this is the fourth rarest of all New Orleans Mint double eagles, behind only the 1854-O, '55-O, and '56-O issues. It is also slightly rarer than the 1860-O issue. The author's of An Insider's Guide to Collecting Type I Double Eagles noted: "The 1859-O is a very scarce issue in all grades. It is most often seen in the Very Fine to Extremely Fine grades and it is rare in About Uncirculated. Most pieces in this grade range are no better than About Uncirculated-53 and the 1859-O becomes very rare in About Uncirculated-55. There is currently only one Uncirculated coin known: a PCGS Mint State-60 in a prominent Midwestern collection."

As with all Liberty double eagles, regardless of date, it is imperative for the collector to seek examples with good to excellent eye appeal. Examples such as the present coin. Although not sharply struck (there is no such thing as a fully struck '59-O double eagle), this example has excellent central details. A few of the stars on the obverse are flat, and there is slight weakness in the upper hair strands at the top of Liberty's head. The surfaces have light greenish-yellow gold, and show evidence of light cleaning as almost always on these coins. The surfaces also exhibit many tiny abrasions, yet no serious marks of any kind. This is one of the finest existing '59-O double eagles with an above average appearance for this issue. It is easily one of the ten finest known examples of the date.

This example has a heavily impressed date with bold digits, and a weaker mintmark with the bottom curve extremely faint, almost missing. Clash marks are visible near Liberty's ear, and other clash marks are noted around the curls on Liberty's neck. These are present on all known examples of this issue, and are an excellent hallmark for authenticity. There is a (PCGS# 8927)

Bid Source: Live: Floor

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Service NGC

Grade AU55

Auction Ended

Mar 25, 2005

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Sold For: $43,125.00

Auction 1344 | Lot 4033 » Double Eagles » Liberty Double Eagles

1859-O $20 AU50 PCGS. Variety 1. (PCGS# 8927)

Bid Source: Internet

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Grade AU50

Auction Ended

May 8, 2022

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Sold For: $42,000.00

Auction 63224 | Lot 92036 » Double Eagles » Liberty Double Eagles

1859-O $20 AU50 PCGS. Variety 2. Diagnostics for the variety include the 1 in the date positioned over the dentil below and the O mintmark away from the eagle's tailfeathers. The 1854-O through 1856-O double eagles represent the three most challenging New Orleans twenties in the series. According to Doug Winter, this 1859-O follows them with only 75 to 100 pieces extant from a limited mintage of 9,100 coins.

Orange-gold surfaces are well-detailed on the stars, portrait, and eagle despite expected evidence of light circulation. Shallow hairlines occur throughout. Population: 13 in 50, 28 finer (3/23). (PCGS# 8927)

Bid Source: Internet

Service PCGS

Grade AU50

Auction Ended

May 8, 2023

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Sold For: $40,800.00