Lot 1692
1857-O $20 Liberty. PCGS graded AU-53. Well struck with traces of luster within the protected areas. We note a tiny area of a tar spot (or other foreign substance) hidden within Liberty's central hair. Rare. Particularly in such high grade. Despite a mintage of 30,000 pieces very few 1857-O double eagles exist today, probably fewer than 150 all told. Most are graded Very Fine or Extremely Fine.
Researchers place the 1857-O in the category of seventh rarest of 12 New Orleans double eagles in terms of overall rarity (eighth in high grade rarity). It is slightly more available than the 1858-O in About Uncirculated. Uncommonly well struck, there is little evidence of the striking softness one expects of this issue. Pop 6; 12 in 55; 5 in 58; 1 in 63. (PCGS # 8921) .
Estimated Value $5,000 - 6,000.
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| Realized $8,913 |
