1852-O $20 MS61 NGC. CAC. Winter 1-A....

Description

1852-O Liberty Twenty, MS61
Semi-Reflective Fields, CAC
Finer Pieces Are Rare

1852-O $20 MS61 NGC. CAC. Winter 1-A. The Type One Liberty double eagle was introduced in 1850 with production coming from both the Philadelphia and New Orleans mints. Although Philadelphia struck the majority of the pieces, the New Orleans Mint accounted for significant numbers in the early issues. In 1852 the southern mint struck 190,000 examples, making it the second most available O-mint double eagle in terms of overall rarity. The issue is also the second most common in grades AU53 and finer, in large part due to extremely low mintages after 1853. This availability makes it a popular choice for branch mint type collectors, but also renders it one of the few New Orleans issues that are collectible in Mint State. With the San Francisco Mint opening in 1854, the gold from California previously shipped to New Orleans was instead diverted to nearby San Francisco. The subsequent New Orleans mintages dropped dramatically as a result, producing only a fraction of their previous numbers.

Bright green-gold surfaces on sharply detailed devices flash undertones of orange gold and accents of lilac on the high points of this CAC-endorsed double eagle. Semi-reflective fields yield flashy contrast and enhance the overall visual presentation, which is fantastic. Marks are as expected for a New Orleans MS61 example, although none are bothersome or individually significant. A loupe shows an interesting cross-like abrasion that serves as a pedigree marker just above the 85.

NGC reports only five numerically finer pieces (9/25). In Gold Coins of the New Orleans Mint 1839-1909, fifth edition, Doug Winter estimates between 15 and 20 Uncirculated examples survive, and also states: "The luster tends to be better than that found on the 1851-O, and this makes the 1852-O a good choice for a New Orleans Type One type coin." The present example certainly upholds that sentiment.(Registry values: N7079)
From The Texas Republic Ranch Collection.

Coin Index Numbers: (NGC ID# 268L, PCGS# 8907, Greysheet# 9845)

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.

View all of [The Texas Republic Ranch Collection ]

View Certification Details from NGC