1853-O $20 AU58 NGC....

Description

Low Mintage 1853-O Double Eagle AU58

1853-O $20 AU58 NGC. New Orleans struck double eagles annually between 1850 and 1861, and briefly resumed production in 1879. Yet a hefty majority of the facility's output was coined between 1850 and 1852. Mintages dropped from 315,000 pieces in 1851, to 190,000 pieces in 1852, and 71,000 pieces in 1853. Undoubtedly, the U.S. Assay Office in San Francisco was the reason behind the lower mintages. California-mined gold was now struck locally instead of shipped via Panama to New Orleans. This is a handsome example that features luster throughout design recesses. Both sides are refreshingly unblemished aside from an unobtrusive abrasion on the U in UNITED. Census: 33 in 58, 4 finer (10/08).
From The Baltimore 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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