1857-O $10 AU58 PCGS. Variety 1....

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Sold on Feb 20, 2020 for:

$21,600.00 Bid Source: Live: Floor bidder

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1857-O Eagle, AU58
None Graded Higher at Either Service

1857-O $10 AU58 PCGS. Variety 1. The 1857-O has the third lowest mintage of any No Motto eagle from New Orleans and it is a scarce date in any grade with an estimated 100-125 examples known. While there are more than two dozen pieces extant in About Uncirculated, virtually all are in the lower range of this grade. An AU58 is rare with only six or seven coins accounted for. The 1857-O remains unknown in Uncirculated condition and it is one of just two dates from this mint (along with the 1841-O) that is currently without a single Mint State coin encapsulated by either service.

Since the beginning of 2005, there have been six prices realized at auction for PCGS-certified AU58 coins, with the high-water mark of $40,250 set by Heritage in October 2006 at $40,250. There has been just one sale since January 2009 and this was for a CAC-approved piece that realized $22,325 in the ANA Signature (Heritage, 1/2014), lot 5667. This piece is much better struck than usually seen, and the bright yellow-gold surfaces show no singularly important abrasions. This is an important coin and there likely will be few opportunities in the coming years to bid on another PCGS-certified AU58 example of this scarce issue.
From The Harvey B. Jacobson, Jr. Collection of Liberty Eagles. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 263U, PCGS# 8623, Greysheet# 9452)

Weight: 16.72 grams

Metal: 90% Gold, 10% Copper

View all of [The Harvey B. Jacobson, Jr. Collection of Liberty Eagles ]

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