1858-O $20 MS(PCGS#8924)

1858-O $20 MS (PCGS#8924)

December 2025 Showcase Auction - The James A. Stack, Sr. Collection Part I

Lot Description: A captivating piece that combines numismatic rarity with strong technical and aesthetic merits. The finish is the rarer of the two observed for this issue, decidedly semi-prooflike (as opposed to frosty) with strong reflectivity in the fields under good lighting. Bright golden-wheat color supports subtle honey accents that enhance the eye appeal. Sharply struck with minimal wear, wispy hairlines and other handling marks are present, although none warrant individual attention. Really a pretty example, and sure to see spirited bidding.<p>While not in the same league as the 1854-O and 1856-O, the 1858-O is elusive in all grades and ranks among the rarer double eagles from the New Orleans Mint. According to Douglas Winter (2025), survivors of this 35,250-piece mintage number only 225 to 275 coins in all grades. Q. David Bowers' 2004 estimate is a bit more conservative, with no more than 150 pieces extant. Mint State coins are particularly rare and can be counted on one or two hands. With its overall sharp detail and considerable visual appeal, the present coin is among the nicest that we have ever had the privilege of bringing to auction. A find for advanced double eagle or Southern gold collectors, and a centerpiece for any collection.