1858-O $20 AU58 NGC. Variety 3....

Description

1858-O Double Eagle, AU58
Original Color, Clean Surfaces

1858-O $20 AU58 NGC. Variety 3. A die lump appears within the E of AMERICA. Among New Orleans double eagles from the 1850s, the 1858-O is comparable to the 1857-O in terms of scarcity. The Southern facility manufactured 35,250 twenty dollar gold coins in 1858, of which Doug Winter estimates 225 to 275 pieces survive. The vast majority of those show signs of extensive circulation. AU examples are very scarce, and comparable near-Mint coins are rare. Mint State representatives are extremely rare with only five or six known.

Original 1858-O double eagles exhibit medium green to orange-gold coloration, as seen on this surprisingly lustrous example. The date is known for its poor strike, but this No Motto twenty is well-struck on the hair curls and feathers. The date and mintmark are bold. Stars 4 through 13 exhibit full radials and centers. Light wispy marks adorn each side, though none of them are overly deep or detracting. Liberty's cheek is notably free of abrasions. Likely among the finest coins from this elusive date in existence. Census: 22 in 58 (1 in 58 ★ ), 4 finer (10/15).(Registry values: N2998)

Coin Index Numbers: (NGC ID# 2698, PCGS# 8924, Greysheet# 9893)

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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