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Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4317

Estimate: 1 USD
Price realized: 41 000 USD
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Liberty Double Eagles
1861-O $20 AU50 NGC. Variety 1. Ex: Duquesne. The 1861-O Liberty double eagle is an important, historic issue from a limited mintage of 17,741 pieces. In addition to being the final Type Two twenty struck at the New Orleans facility, the 1861-O was struck under the authority of three different government bodies because of the outbreak of the Civil War. The mintage was distributed among the different authorities as follows: the United States (5,000 pieces, struck before January 26), the State of Louisiana (9,750 pieces, struck from January 26 through March 31), and the C.S.A. (2,991 pieces, struck from April 1 through April 30). One die variety is known for the date and, although some researchers have studied the different die states in an effort to determine which coins were struck under the various government authorities, no definitive answers have been found.
This is an attractive AU representative with well-detailed design elements and lightly abraded greenish-gold surfaces that show traces of prooflike reflectivity in the sheltered areas. The 1861-O is seldom found in high grade and this coin's combination of relatively high technical quality, great historic significance and strong visual appeal should inspire intense competition when this lot is called. Census: 20 in 50, 40 finer (1/17).

HID02901242017
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