Skip to main content
Go to accessibility notice

    Description

    1859-O Double Eagle, AU50
    Possibly Pike's Peak Gold

    1859-O $20 AU50 PCGS. Gold deposits at the New Orleans Mint reached their peak in 1851 through 1853, and were extremely limited in the later 1850s. Records show that just 168 deposits of gold were made at that Mint in 1859, including 43 in the first quarter, 42 in the second quarter, 26 in the third quarter, and 57 in the fourth quarter. The third quarter was lowest due to the peak of summer when business activities were limited due to the desire of most wealthy citizens to escape the New Orleans humidity. Gold deposit records for New Orleans during the 1850s are available at the Fort Worth, Texas, branch of the National Archives.
    A review of records from November and December 1859 yields the fascinating information that "Pike's Peaks Dust" was among the gold deposited at New Orleans.
    A lone die pair was used for production of 9,100 coins. This lovely AU specimen has light greenish-gold surfaces with hints of coppery-rose toning on each side. Considerable luster is still visible, especially in the protected areas. Population: 9 in 50, 17 finer (2/12).
    Ex: Bowers and Merena (8/2010), lot 1831.(Registry values: N4719) (NGC ID# 269B, PCGS# 8927)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    March, 2012
    8th-11th Thursday-Sunday
    Bids + Registered Phone Bidders: 14
    Lot Tracking Activity: N/A
    Page Views: 1,002

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $14) per lot.

    Sold for: Sign-in or Join (free & quick)

    Heritage membership

    Join Now - It's Free

    VIEW BENEFITS
    1. Past Auction Values (prices, photos, full descriptions, etc.)
    2. Bid online
    3. Free Collector newsletter
    4. Want List with instant e-mail notifications
    5. Reduced auction commissions when you resell your
      winnings 
    Consign now
    • Cash Advances
    • More Bidders
    • Trusted Experts
    • Over 200,000 Satisfied Consignors Since 1976
    Only 18 days left to consign to the 2019 December 5 - 6 HKINF World Coins Signature Auction - Hong Kong!

    Learn about consigning with us

    I have now had four successful auctions with Heritage and plan on at least several more with your firm.
    [ Entire Letter » ]
    Lowell J. DeMers, CPA,
    Los Angeles, CA
    View More Testimonials

    HA.com receives more traffic than any other auction house website. (Source: Similarweb.com)

    Video tutorial

    Getting the most out of search

    Recent auctions

    2019 September 10 Special Offering Error Coins Online Auction
    2019 September 10 Special Offering Error Coins Online Auction
    REALIZED $301,035
    2019 September 5 - 9 Long Beach Expo World & Ancient Coins Signature Auction - Long Beach
    2019 September 5 - 9 Long Beach Expo World & Ancient Coins Signature Auction - Long Beach
    REALIZED SO FAR $5,916,768
    2019 September 5 - 9 Long Beach Expo World Paper Money Signature Auction - Long Beach
    2019 September 5 - 9 Long Beach Expo World Paper Money Signature Auction - Long Beach
    REALIZED $1,890,630