Lot 1306
1851-O. NGC graded AU-55. Untoned with luster still evident on both sides. Minor rim nick on the reverse edge at 4:00. As Gold Eagle specialists realize, the 1851-O is one of the more easily found New Orleans Tens. That said, Very Fine and Extremely Fine condition seem predominant. But in About Uncirculated and especially better grades of About Uncirculated the coin is definitely elusive. Coins struck in the New Orleans mint, home of the chief port in the USA in those days, were truly needed for commercial purposes. Most gold denominations went right into circulation. Most stayed there and became severely abraded. In terms of its strike, this example is fairly representative. The peripheral stars show few radial lines, while the central hair on Liberty and eagle plumage are well defined. All in all a splendid occasion to acquire a well-preserved O-mint Ten (PCGS # 8607) .
Estimated Value $2,000 - 2,200.
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| Realized $1,234 |
