1860-O $20 XF40 NGC. Variety 2. ...

Description

1860-O Double Eagle, XF40
Scarce O-Mint Issue

1860-O $20 XF40 NGC. Variety 2. A rare variety; the mintmark is higher and further left than on the Variety 1 reverse. As a date, the 1860-O double eagle is not quite as rare as several other New Orleans double eagle dates, but it is scarce in its own right. A single MS60 prooflike specimen was recovered from the S.S. Republic shipwreck, but no other Uncirculated examples have been certified by either major service. Doug Winter estimates 85-95 survivors are known from a mintage of 6,600 pieces, all in circulated condition. This example is a smoothly worn XF40 with mellow, reddish-gold color and brighter gold highlights over the devices. The number of surface abrasions is perhaps fewer than expected for a coin of this grade. The 1860-O is significantly scarce in this grade and a favorite Type One date among double eagle collectors. Census: 3 in 40, 56 finer (2/21).
Ex: FUN Signature (Heritage, 1/2015), lot 4372.
From The Cameron Collection. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 269E, PCGS# 8930, Greysheet# 9897)

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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