Description

    1861-O Twenty, VF35
    Rare and Interesting New Orleans Issue

    1861-O $20 VF35 PCGS. The 1861-O is a prime objective of collectors partly because of its rarity and also for its historical significance. It is rare -- just 17,741 were struck, the final double eagles produced at the New Orleans Mint prior to 1879. Three governing authorities struck double eagles in New Orleans in 1861. In January, Union authorities struck 5,000 examples. These were followed by an additional 9,750 pieces struck by the State of Louisiana from late January through May, and a further 2,991 coins that the Confederate States of America produced after June 1. The combined mintage of the 1861-O double eagle, therefore, is 17,741 pieces. PCGS projects the number of surviving 1861-O double eagles as approximately 256 specimens.

    It doesn't seem possible to know with certainty which authority struck which double eagles (although collectors and researchers would love to know). For years experts believed the dies would have worn to the point where the date started to disappear, meaning those coins with the weakest dates were most likely the Confederate strikings. Doug Winter, with Dr. Joseph Gaines, proposed a theory where a new obverse die may have been used for the Confederate coins based on the number of strong dates with a die crack that exist today as a percentage of known examples. Other specialists such as David Akers believe there may be no way to know, with certainty, which mint authority made which coins.

    The present coin offered has a weak date. It shows moderate wear in line with the assigned VF35 grade. The surfaces are above-average with apricot-gold toning and touches of medium green-gold. There are no distracting problems or major marks for the amount of circulation this coin received. It is attractive for the grade -- a rare and desirable 1861-O double eagle sure to excite many collectors.
    From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: N1793) (NGC ID# 269J, PCGS# 8934)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    View all of [The collection of Donald E. Bently, sold for the benefit of the Bently Foundation ]

    Fees, Shipping, and Handling Description: Coins & Currency (view shipping information)

    Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    December, 2013
    5th-8th Thursday-Sunday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
    Page Views: 856

    Buyer's Premium per Lot:
    17.5% 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 16 days left to consign to the 2017 December 7 - 8 World Coins Signature Auction - Hong Kong!

    Learn about consigning with us

    Very thorough, almost scholarly. Very accurate and honest.
    M.L. ,
    Rosemont, IL
    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

    2017 September 7 - 10 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 September 7 - 10 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $9,146,256
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    2017 September 7 - 12 Long Beach Expo World Coins Signature Auction - Long Beach
    REALIZED SO FAR $5,422,744
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    2017 September 7 - 11 Long Beach Expo World Currency Signature Auction - Long Beach
    REALIZED $1,519,316