1857-O $20 AU53 NGC....

Description

Pleasing 1857-O Twenty Dollar, AU53

1857-O $20 AU53 NGC. Most 1857-O double eagles were widely distributed and well circulated, with the average piece seen today in the Very Fine to Extremely Fine grade range (Jeff Garrett and Ron Guth, Encyclopedia of U.S. Gold Coins). The date is rare in About Uncirculated, and extremely rare in Mint State, where a mere four pieces have been graded by NGC and PCGS.
This AU53 example is slightly better struck than normally seen. Most of the star centrils are strong, as is the eagle's plumage. Portions of Liberty's hair reveal softness, as is almost always the case. Pleasing flashes of prooflikeness are noted in the protected areas, and the brass-gold surfaces exhibit light to moderate contact marks, slightly more so on the obverse. That said, these do not approach the "very heavy abrasions" seen on most '57-O twenty's (Douglas Winter, Gold Coins of the New Orleans Mint).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 2694, PCGS# 8921, GSID# 9883)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 30,000

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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