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198

Absolutely Incredible 1851-O $20 Liberty, Finest Known

1641

1851-O. PCGS graded MS-63.

Fully untoned and

well struck. Reflective fields on both sides which is

commonly seen on these early New Orleans double

eagles. Rarely are they found so well preserved, par-

ticularly so for this issue. In fact, noted expert Doug

Winter believes that the only other MS-63 example

certified by NGC was likely an MS-62 high end coin

that just became upgraded to MS-63 in recent times.

That makes this example all the more desirable as it

earned an MS-63 from PCGS the first time through,

notice the quality of the fields and devices and see

what you think! Its a great looking coin, and which

we believe will stand tall as the Finest Known for this

issue.

It is notable that several examples of this date and

mint were found in the shipwrecks of the S.S. Central

America and S. S. Republic but none of these coins

were mint state, having been in circulation for some

time before those ships were lost. Thus, despite a

mintage of 315,000 pieces, the 1851-O double eagle

is quite elusive in mint state. Add to this fact that the

present coin has been out of the numismatic market-

place for generations, and you have a real treasure

that was sitting in a safe deposit box for decades!

If you are a specialist in New Orleans coinage, or

just appreciate high quality branch mint pieces, then

be sure to stop and enjoy this elegant double eagle

before it crosses the block, for once it is sold, it may

not appear again for many years to come.

Pop 1;

none finer. Tied for the finest at either grading

service (PCGS # 8905)

Estimated Value.................................. $75,000-UP

Ex. US Gold from a prominent midwestern family

collection.