1853-O $20 AU55 PCGS. Variety 1....

Description

1853-O Twenty Dollar, AU55
Rarely Found in Higher Grades

1853-O $20 AU55 PCGS. Variety 1. Double eagle production at the New Orleans Mint took a hit in the series' fourth year, dropping to just 71,000 coins. That represented a 63% decline over the previous year's total. Unsurprisingly, the 1853-O is scarcer than the New Orleans issues put out in 1850, 1851, and 1852, though it is not quite as scarce in high grades as the 1850-O, according to Doug Winter. He estimates 400 to 500 examples of the 1853-O survive in all. Only six to eight of those coins are Uncirculated.

The present Choice AU offering exhibits satiny luster that glows around well-struck, minimally worn devices. Ticks and other marks are generally unobtrusive. We note just a couple of larger abrasions in the left and right obverse fields. Population: 32 in 55, 14 finer (2/22).
From The Schwenk Family Collection. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 268N, PCGS# 8910, Greysheet# 9847)

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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