August 2024 Global Showcase Auction – 12 - 23 August 2024
Ancient and World Coins and Currency
Part B: Mo, 12.08.2024, from 6:00 PM CEST
Part C: Mo, 12.08.2024, from 10:00 PM CEST
Part 1: Tu, 13.08.2024, from 1:00 AM CEST
Part 2: Tu, 13.08.2024, from 6:00 PM CEST
Part 3: Tu, 13.08.2024, from 10:00 PM CEST
Part D: We, 14.08.2024, from 6:00 PM CEST
Part 4: We, 14.08.2024, from 9:00 PM CEST
Part 5: Th, 15.08.2024, from 5:00 PM CEST
Part E: Fr, 16.08.2024, from 5:00 PM CEST
Part 6: Fr, 16.08.2024, from 9:00 PM CEST
Part 7: Sa, 17.08.2024, from 5:00 PM CEST
Part F: Sa, 17.08.2024, from 6:00 PM CEST
Part 8: Mo, 19.08.2024, from 7:00 PM CEST
Part G: Tu, 20.08.2024, from 6:00 PM CEST
Part 9: Tu, 20.08.2024, from 7:00 PM CEST
Part H: Tu, 20.08.2024, from 8:00 PM CEST
Part 10: We, 21.08.2024, from 6:00 PM CEST
Part I: We, 21.08.2024, from 6:00 PM CEST
Part 11: Th, 22.08.2024, from 6:00 PM CEST
Part J: Th, 22.08.2024, from 6:00 PM CEST
Part K: Fr, 23.08.2024, from 6:00 PM CEST
Part 12: Fr, 23.08.2024, from 6:00 PM CEST
Description
Key Date 1859-O Eagle
Rarest No Motto Issue from the New Orleans Mint
1859-O Liberty Head Eagle. Winter-1, the only known dies. AU-53 (PCGS).
This warmly colored, medium honey-orange example ranks high in the census of surviving 1859-O eagles. Striking quality is typical of the issue, the overall detail sharp but with appreciable softness at the obverse stars, the centrils for which are mostly absent. The eagle's plumage on the reverse is crisp throughout, even over the right leg and talon, and the denticulation is bold to sharp around both sides. Remnants of satiny mint luster flash into view as the surfaces rotate under a light. It is a technically superior and aesthetically pleasing survivor of this challenging key date issue, and we anticipate keen interest from advanced Southern gold specialists. The rarest New Orleans Mint eagle of the No Motto design type, the 1859-O has a paltry mintage of 2,300 pieces. Fewer than 100 coins are believed extant in all grades, estimates of 60 to 70 pieces from Doug Winter (2020) and 50 to 75 examples from PCGS CoinFacts squaring nicely. The typical survivor of this heavily circulated issue is well worn, usually VF or EF, and many are also impaired due to harsh cleaning or surface damage. In straight-graded AU, as here, the 1859-O is very rare, and such pieces are among the finest obtainable in today's market. Prior to the salvage of the S.S. Republic treasure the 1859-O was unknown in Mint State, although that shipwreck yielded a single Uncirculated coin that has since been certified MS-62 by NGC.
PCGS# 8629. NGC ID: 2642.
PCGS Population: 11; 10 finer (AU-58 finest at this service). NGC reports a single grading event in Mint State, at MS62.
From the Srotag Collection.
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Bidding
| Price realized | 24'000 USD |
| Starting price | 1 USD |
| Estimate | 33'000 USD |
