Description

    Attractive 1879-O Double Eagle, XF40

    1879-O $20 XF40 NGC. Only 2,325 of these pieces were coined, representing the final New Orleans double eagle, and the only issue of the With Motto type. Prior to this meager coinage total, double eagles were last coined in 1861. In fact, no coins of any denomination were coined during the years from 1862 to 1878. Falling into the hands of the State of Louisiana, and then the Confederacy in 1861, the facility remained dormant for many years following the Civil War. The reopening of the New Orleans facility was in obvious response to the Bland-Allison Act, passed a year earlier. The tremendous quantities of silver that the government purchased and converted to Morgan dollars required maximum coining capability. An interesting question is not why so few double eagles were coined there in 1879, but why any were coined at all. New Orleans continued to produce coinage until 1909, when the presses were halted permanently.
    This example has bright yellow surfaces with satiny luster and prooflike reflectivity remaining in the protected areas of the fields near the design elements. Both sides have the usual scattered abrasions with an obverse rim bruise at star 8. The design elements are sharp and the overall eye appeal is excellent for the grade. The opportunity to acquire any 1879-O double eagle seldom occurs. In the last 15 years we have handled less than 40 pieces in our auctions. Census: 10 in 40, 57 finer (9/08).
    From The Deadwood Gulch Collection.(Registry values: N4719) (NGC ID# 26B8, PCGS# 8990)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


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

    View all of [The Deadwood Gulch Collection ]

    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
    December, 2008
    4th-6th Thursday-Saturday
    Bids + Registered Phone Bidders: 6
    Lot Tracking Activity: N/A
    Page Views: 2,992

    Buyer's Premium per Lot:
    15% of the successful bid (minimum $9) 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 21 days left to consign to the 2018 February 21 - 26 LB Expo US Coins Signature Auction - Long Beach!

    Learn about consigning with us

    You will never be ripped off, scammed, or knowingly sold fakes on Heritage's ongoing online coin auctions, and sometimes the deals are amazing! You can do price research, grade comparisons, you name it (heck, I could almost write a whole article about the ways to use Heritage's Web site!).
    Susan Headley
    Coin Host/Journalist, About.com,
    New York, NY
    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 December 7 - 10 US Coins Signature Auction - Dallas
    2017 December 7 - 10 US Coins Signature Auction - Dallas
    REALIZED $6,852,289
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    2017 December 7 - 8 HKINF World Coins & Ancient Coins Signature Auction - Hong Kong
    REALIZED SO FAR $4,478,782
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    2017 December 6 - 8 HKINF World Currency Signature Auction - Hong Kong
    REALIZED SO FAR $1,021,963