1859-O $20 AU53 NGC. Variety 4....

Description

1859-O Double Eagle, AU53
Low Mintage of 9,100 Pieces
Fewer Than 100 Coins Extant

1859-O $20 AU53 NGC. Variety 4. A surviving population of 80 to 90 coins makes the 1859-O one of the most challenging Type One New Orleans double eagles after the three issues from 1854-1856. Production was limited to 9,100 pieces in 1859, explaining the field reflectivity typically seen among known examples. It is particularly noticeable on the reverse of this lightly circulated representative. Each side exhibits medium yellow-gold color that is remarkably attractive for the issue, which often comes overly bright. Strike detail is more characteristic of the 1859-O, with softness on the curls and bun, and on the eagle's wings. The obverse stars are better-defined than usual; only a few radials are incomplete. Specialists will be interested to learn this die marriage represents a new discovery. The obverse matches that of Variety 1, but the mintmark is slightly northeast of the Variety 1 reverse. Additionally, the U in UNITED has a leftmost serif, and the crossbar of the A in STATES is perfect rather than hand-cut. Census: 9 in 53, 19 finer (5/19).
From The Genau Collection. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 269B, PCGS# 8927, Greysheet# 9895)

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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