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LOT #6049  | 
Sold on Oct 19, 2012 for: Sign-in or Join (free & quick)

1879-O $10 AU58 NGC. Variety 1....

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Sold on Oct 19, 2012 for:
$24,675.00 Bid Source: Internet bidder
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Description

Near-Mint 1879-O Eagle
Only One Finer Certified

1879-O $10 AU58 NGC. Variety 1. Closed in the early days of the Civil War, the New Orleans Mint was reopened in 1879 primarily to help produce the enormous number of Morgan dollars required under the terms of the Bland-Allison Act. Fortunately, a small number of eagles and double eagles was also produced in 1879, and these coins are quite popular with present-day collectors.
From a modest mintage of just 1,500 pieces, the 1879-O Liberty ten is the third-rarest New Orleans eagle. Doug Winter estimates 115-135 examples remain extant in all grades, and high-grade specimens are rare. Only a single coin has been certified in Mint State making an attractive near-Mint example, like the present coin, the best any collector can reasonably expect to acquire.
The coin offered here is a delightful AU58 specimen, with pleasing yellow-gold surfaces that show a few highlights of green. Only the slightest trace of high-point wear is evident on the well-detailed design elements, with a scattering of grade-consistent minor marks on both sides. The prooflike luster adds to the considerable eye appeal. Census: 11 in 58, 1 finer (8/12).(Registry values: N4719)

Coin Index Numbers: (NGC ID# 265P, PCGS# 8685, Greysheet# 9489)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

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Auction Info

2012 October 18-21 ANA US Coins Signature Auction - Dallas #1175 (go to Auction Home page)
Auction Dates
October, 2012
18th-21st Thursday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 761

Buyer's Premium per Lot:
17.5% of the successful bid per lot.

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Sold on Oct 19, 2012 for: $24,675.00
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