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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 5975

Starting price: 1 USD
Price realized: 11 000 USD
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Liberty Double Eagles
1851-O $20 AU58 NGC. The 1851-O Liberty double eagle boasts the largest mintage of the New Orleans series, at 315,000 pieces. Like most Type One double eagles, the 1850-O circulated heavily at the time of issue and few examples were saved for numismatic purposes. As a result, the 1850-O is easily located in lower circulated grades today, but the issue is very scarce in AU58, and Mint State coins are rare. The 1851-O is a popular branch mint type coin, but modern shipwreck finds have only yielded modest numbers of high-grade survivors. 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.
The present coin is an attractive near-Mint specimen that exhibits just a trace of wear on the sharply detailed design elements. The orange-gold surfaces show a number of scattered, minor abrasions, and traces of original mint luster show in sheltered areas. This coin should find a home in a fine collection or type set. Census: 64 in 58 (1 in 58+), 19 finer (11/16).
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