Stack's Bowers Galleries

Winter 2022 Showcase Auction  –  27 October - 4 November 2022

Stack's Bowers Galleries, Winter 2022 Showcase Auction

U.S. Coins and Currency

Part 1: Th, 27.10.2022, from 6:00 PM CEST
Part 2: Fr, 28.10.2022, from 6:00 PM CEST
Part 3: Tu, 01.11.2022, from 5:00 PM CET
Part 4: Tu, 01.11.2022, from 10:00 PM CET
Part 5: Tu, 01.11.2022, from 11:00 PM CET
Part 6: We, 02.11.2022, from 4:00 PM CET
Part 7: We, 02.11.2022, from 9:00 PM CET
Part 8: Th, 03.11.2022, from 5:00 PM CET
Part 9: Th, 03.11.2022, from 10:00 PM CET
Part 10: Fr, 04.11.2022, from 6:00 PM CET
Part 11: Fr, 04.11.2022, from 11:00 PM CET
The auction is closed.

Description

1852-O Liberty Head Double Eagle. Winter-1, the only known dies. AU Details--Graffiti (PCGS).

This handsome piece sports exhibits original olive-gold color to surfaces that retain plenty of soft mint luster. Graffiti in the lower left and right obverse field areas is unfortunate - it explains the PCGS qualifier, but also interrupts an in hand appearance that features few other sizeable marks. Well struck for the issue with most design elements sharp. The New Orleans Mint was the only Southern mint to produce the double eagle and only did so in modest quantities using gold provided from the vast California gold fields. 190,000 examples of the denomination were struck there in 1852, making it the second largest mintage figure for an O-Mint double eagle. These coins saw use throughout the South and the Atlantic Seaboard and seem to have only infrequently been shipped abroad in the course of international trade. One of the most available of all the New Orleans double eagles, the 1852-O can still be a challenge for the discerning specialist. Estimates vary on the number of surviving specimens, most likely in the range of 1,500 to 1,750 pieces, almost all of which are in mid-level circulated states of preservation. No vast quantities have so far been found in repatriated hoards, though several have appeared from such holdings. A few have been found in the S.S. Central America and S.S. Republic treasures, but these have not substantially augmented the supply. Above EF, this issue is quite scarce and with less than a dozen different Mint State examples believed extant, more affordable Choice AU specimens - scarce in their own right - are in constant demand from both double eagle collectors and Southern gold specialists.

PCGS# 8907. NGC ID: 268L.

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Bidding

Price realized 2'400 USD
Starting price 1 USD
Estimate 2'500 USD
The auction is closed.
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