Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 

    Description

    1879-O Twenty, Brilliant AU58
    New Orleans Type Three Rarity

    1879-O $20 AU58 NGC. As a one-year, stand-alone type coin, the 1879-O double eagle has long bedazzled numismatists by its rarity and singular collectibility. A meager 2,325 pieces were produced at the reopened New Orleans Mint, most likely as a token mintage of Southern gold (along with 1,500 gold eagles) to commemorate resumption of production at the facility. The main purpose of operating the New Orleans branch mint was to help coin silver dollars, which it accomplished to the tune of almost 2.9 million pieces in 1879.

    The tiny output of double eagles creates a conundrum for both double eagle and type coin collectors. The 1879-O twenty is the final New Orleans issue of the denomination and the solitary representative of the Type Three, With Motto design -- an essential coin for any advanced collection of double eagles. It is equally important to type specialists for the same reasons. Yet, a surviving pool of perhaps 125 examples is woefully inadequate to satisfy everyone.

    The near-Mint specimen offered here can solve all that for its fortunate new owner. The coin has the vibrant appeal of an Uncirculated piece, with bountiful mint luster and little evidence of actual wear. The inescapable abrasions that typify this issue are confined primarily to the reverse, where none are individually distressing but likely affect the coin's numeric grade by their frequency. The strike is sharp for the New Orleans Mint, with good hair detail on Liberty and only a touch of flatness on the uppermost curls and the top of the head.

    Traces of prooflikeness remain, which is expected for a date with such a small mintage. Doug Winter has written that the 1879-O, along with the 1861-O, are the two New Orleans double eagles that have consistently gained in popularity and now appear on more want lists than any other gold coin from this mint. Census: 10 in 58, 9 finer (11/13).
    From the collection of Donald E. Bently, sold for the benefit of the Bently Foundation.(Registry values: N4719) (NGC ID# 26B8, PCGS# 8990)


    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  | NGC Coin Grading Guarantee  |  Terms and Conditions

    Bidding Guidelines and Bid Increments

    Glossary of Terms

    Auction Info

    Auction Dates
    January, 2014
    8th-12th Wednesday-Sunday
    Bids + Registered Phone Bidders: 5
    Lot Tracking Activity: N/A
    Page Views: 553

    Buyer's Premium per Lot:
    17.5% of the successful bid (minimum $14) per lot.

    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 12 days left to consign to the 2017 April 26 - May 2 CSNS US Coins Signature Auction - Chicago!

    Learn about consigning with us

    The complete end to end service you provided me was simply unparalleled by anyone in the industry.
    [ Entire Letter » ]
    Gregg Bingham
    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 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    2017 February 16 - 19 Long Beach Expo US Coins Signature Auction - Long Beach
    REALIZED $11,093,915
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    2017 January 17 - 18 World Coins Signature Internet Auction - Dallas
    REALIZED $2,406,663
    2017 January 5 - 9 FUN World Currency Signature Auction -
    2017 January 5 - 9 FUN World Currency Signature Auction -
    REALIZED $1,283,852