1851-O $20 AU58 PCGS. CAC. Variety 2....

Description

1851-O Double Eagle, AU58
Scarce, Early New Orleans Twenty

1851-O $20 AU58 PCGS. CAC. Variety 2. Ex: "Col." E.H.R. Green-Eric P. Newman Collection. While the banking sector was experiencing increasing demand for coins, this period also saw some of the largest gold exports from the California gold fields during the Gold Rush. Despite its high mintage (315,000 pieces), the 1851-O double eagle experienced a high attrition rate. High-end AU examples are scarce, and the date is a notable rarity across the Mint State threshold. This near-Mint example boasts rich lemon-gold patina and retains substantial original, semiprooflike mirroring in the fields. A highly attractive early New Orleans twenty, close to full Mint State -- appealing in every way. Population: 10 in 58, 10 finer (1/15).(Registry values: N1793)

Coin Index Numbers: (NGC ID# 268J, PCGS# 8905, Greysheet# 9844)

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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