Lot 1948
1856-O. PCGS graded MS-60. PQ. The 1856-O is tied with the 1892-O as having the lowest mintage (both 10,000 pieces) of any O-mint gold coin of this denomination and is one of the most elusive New Orleans half eagles. Writing in the 2006 book Gold Coins of the New Orleans Mint, Doug Winter estimates that only 80 to 90 examples have survived in all grades. The author further asserts that just six of those coins are Mint State, a small total that places the coin in this lot squarely in the Condition Census. Both sides feature a generally bold strike, however, minor weakness is noted on the obverse stars and the eagle's neck on the reverse. Semi-prooflike luster shimmers from rim-to-rim as the coin rotates under a light, and it combines with natural yellow-gold color to further enhance the overall appearance. A few wispy abrasions define the grade, but we stress that there are no individually distracting marks on either side. Among the finest known for this elusive issue. Pop 1; 2 finer in 61. (PCGS # 8269) .
Estimated Value $11,000 - 12,000.
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| Realized $13,513 |
