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    Description

    1859-O Double Eagle, AU50
    Third-Rarest New Orleans Twenty

    1859-O $20 AU50 PCGS. Variety 1. Heritage cataloger Brian Koller has identified three different die varieties for the 1859-O double eagles. This one has the 1 of the date centered over two denticles, and the mintmark close to the tailfeathers, and centered over the N in TWENTY. The crossbar of the A in STATES is handcut.

    All New Orleans double eagles minted after 1853 are rare, due to decreased gold deposits after the San Francisco Mint opened in 1854. The 1859-O, coming from a mintage of only 9,100 pieces, has the third lowest total PCGS population behind the ultra-rare 1854-O and 1856-O double eagles. In AU and finer grades, the total PCGS population of the 1859-O is tied with the 1860-O and 1879-O for fourth place behind the 1854-O, 1855-O, and 1856-O issues.

    This AU50 example displays apricot-gold coloration with high-point glints of hazel-gray. The date shows orange accents in the background. Considerable prooflike reflectivity remains in the protected areas around the date, peripheral stars, and recesses of the portrait. This attribute is similar around the reverse elements. A loupe reveals a few singular contacts, including a small patch of reeding marks inside the small circle of reverse stars, and a second patch of such marks between the Y in TWENTY and D. Occasional light field chatter is also visible. All in all, this is a nice, attractive coin for having been in circulation for a short period of time. Indeed, we suggest that it possesses above-average eye appeal for an issue that is typically below-average in that regard. Population: 8 in 50, 19 finer (10/14).(Registry values: N4719)

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

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    View Certification Details from PCGS

    Auction Info

    Auction Dates
    December, 2014
    4th-7th Thursday-Sunday
    Bids + Registered Phone Bidders: 10
    Lot Tracking Activity: N/A
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