Goldberg Coins and Collectibles

Sale 42

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Lot 3413

1857-O $20 Liberty. NGC graded AU-58. Lovely golden toning with reflective surfaces. Low mintage of 30,000 struck. Very difficult date to find in high grade. The 1857-O is one of the rare New Orleans double eagles (only 12 different dates occur from this Southern mint). What's more, it is high on the list in terms of overall rarity as well as so-called grade rarity. In this regard it compares favorably with the 1858-O in very high grades such as AU58, although is perhaps slightly more approachable.

Both sides show ample prooflike reflectiveness, such that when first struck this little beauty must have been the belle of the ball! Mention must be made of a few circulation marks on both sides, but small and typical they are for this grade level. To reiterate, among double eagles the New Orleans issues are especially difficult to find. No doubt this attractive 1857-O will be acquired by a skilled practitioner in the series. Pop 26; 2 in 60, 1 in 62 (PCGS # 8921) .
Estimated Value $16,000 - 18,000.

Realized $22,425

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