1851-O $20 Liberty Head Double Eagle PCGS AU58

Premium Choice AU 1851-O $20 Gold 1851-O Liberty Head Double Eagle. Winter-2. AU-58 (PCGS). This is an uncommonly well preserved example of the otherwise relatively obtainable 1851-O double eagle. Attractive surfaces exhibit warm honey-orange color and nearly full mint luster. The strike is superior by early New Orleans Mint standards. Uncommonly smooth for the assigned grade, and offering outstanding eye appeal, this impressive coin would serve as a highlight in an advanced double eagle set or Southern gold collection. After a modest mintage of 141,000 pieces in 1850, the New Orleans Mint increased double eagle output to 315,000 coins in 1851. Clearly more gold from California reached the Crescent City, and the 1851-O actually has the highest mintage among New Orleans Mint double eagles. Perhaps not surprisingly, this is the most frequently encountered O-Mint double eagle. Survivors are scarce in an absolute sense, however, and particularly relative to those of many Philadelphia Mint issues of the era such as the 1851, 1852 and 1853. As with all early date Liberty Head double eagle issues, the 1851-O is typically offered in circulated grades, most examples grading EF-40 through low end AU. Mint State survivors are exceedingly rare, most of which have survived purely as a matter of chance. There was no contemporary numismatic interest in these early double eagles, especially from the New Orleans Mint. The significance of this near-Mint offering for the advanced gold enthusiast can hardly be overstated. PCGS Population: 33; 20 finer (MS-63 finest).