Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Liberty Double Eagles
1851-O $20 AU58 PCGS. Variety 2. The great discovery of California gold in 1848 prompted Congress to authorize the double eagle, a cost effective denomination for the conversion of that gold into coinage when compared to smaller denominations. At the time, gold coins were produced at Philadelphia, Charlotte, Dahlonega, and New Orleans. However, the Charlotte and Dahlonega Mints lacked the equipment to produce any coins greater in diameter than the half eagle. For that reason, Philadelphia and New Orleans were the mints of choice for larger gold coins. Production at New Orleans peaked in 1851 with a mintage of 315,000 double eagles. One of those was the present coin, a lovely near-Mint example with frosty luster and original, dusky yellow-gold surfaces. This piece has minimal marks and offers exceptional eye appeal. Population: 18 in 58, 13 finer (3/17).
HID02901242017
1851-O $20 AU58 PCGS. Variety 2. The great discovery of California gold in 1848 prompted Congress to authorize the double eagle, a cost effective denomination for the conversion of that gold into coinage when compared to smaller denominations. At the time, gold coins were produced at Philadelphia, Charlotte, Dahlonega, and New Orleans. However, the Charlotte and Dahlonega Mints lacked the equipment to produce any coins greater in diameter than the half eagle. For that reason, Philadelphia and New Orleans were the mints of choice for larger gold coins. Production at New Orleans peaked in 1851 with a mintage of 315,000 double eagles. One of those was the present coin, a lovely near-Mint example with frosty luster and original, dusky yellow-gold surfaces. This piece has minimal marks and offers exceptional eye appeal. Population: 18 in 58, 13 finer (3/17).
HID02901242017