1853-O $20 MS(PCGS#8910)

1853-O $20 MS (PCGS#8910)

November 2020 U.S. Coins Auction

Auctioneer
Stack's Bowers
Lot Number
9213
Grade
AU58
Price
18,000
Lot Description
Exceptionally Well Preserved 1853-O Double Eagle 1853-O Liberty Head Double Eagle. Winter-1, the only known dies. AU-58 (PCGS). Offered is an important coin for the advanced double eagle or New Orleans Mint enthusiast, as relatively few 1853-O $20s survive from the mintage of 71,000 pieces. Bright golden-honey surfaces retain ample semi-reflectivity. The strike is razor sharp throughout the design and displays only the most trivial rub. Virtually all known surviving 1853-O double eagles show some degree of circulation, and finding an example in such a high technical grade as AU-58 usually requires considerable patience and much persistence. Definitely a find for the advanced gold collector, the present 1853-O is in a grade high enough to attract an advanced specialist, yet it is much less expensive than a Mint State coin would be, if indeed you could find a nice one. New Orleans Mint double eagles were important to trade in their day -- by steamboat up the Mississippi River connecting to inland cities and towns, and by sea to foreign countries. It is little wonder, then, that issues such as the 1853-O saw intense use, and suffered a high rate of attrition. PCGS Population: 12; 2 finer (MS-63 finest). PCGS# 8910. NGC ID: 268N. Click here for certification details from PCGS. Image with the PCGS TrueView logo is obtained from and is subject to a license agreement with Collectors Universe, Inc. and its divisions PCGS and PSA.
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