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

Description

1853-O Liberty Double Eagle, AU55
Rare Issue in High Grade

1853-O $20 AU55 PCGS. Variety 1. The 1853-O Liberty double eagle claims a small mintage of 71,000 pieces, a much smaller production than any previous year at the famous Southern facility. Undoubtedly, some of the output from the California gold fields was held back, in anticipation of the opening of the San Francisco Mint the following year, rather than risking the hazardous maritime shipping necessary to have the bullion coined at New Orleans in 1853. The coins were all released into circulation at the time of issue, making the 1853-O an elusive issue in high grade.

This impressive Choice AU specimen shows only light wear on the strongly impressed design elements, and the lightly abraded orange-gold surfaces retain traces of original mint luster in the more sheltered areas. The overall presentation is quite attractive. Population: 33 in 55, 15 finer (10/22).(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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