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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5974

Starting price: 1 USD
Price realized: 11 000 USD
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Liberty Double Eagles
1851-O $20 AU58 NGC. Variety 2. Brilliant, yellow-gold surfaces with traces of prooflike surface around the stars and legends combine with a sharp strike to recommend this near-Mint early New Orleans twenty. Unlike the ultra-scarce O-Mint issues of the mid-to-later 1850s, the 1851-O is more available for collectors seeking branch mint Type One gold. As with any Type One double eagle approaching full Mint State, "availability" is a relative term since no Type Ones are common in higher grades, regardless of Mint or date.
At one time the surfaces of this bright twenty were fully reflective. Brief circulation and fine abrasions join tiny marks to limit the prooflikeness in the fields. Traces of mint luster remain across both sides, adding to the eye appeal. Doug Winter indicates in his 2006 reference that eight coins were recovered from the S.S. Central America and 14 examples were found on the S.S. Republic. Reportedly, 10 Uncirculated examples were included in the Baltimore Hoard in 1934. Census: 63 in 58 (1 in 58+), 19 finer (10/16).
From The Renz Family Collection of $20 Gold Coins.
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