1858-O Liberty Head Double Eagle. AU-55 (PCGS).A fantastic example of this highly regarded rarity among New Orleans Mint double eagles. Attractive and original, both sides are warmly patinated in honey-orange that brightens as the coin dips into a light. Such direct viewing angles also call forth ample remnants of a semi-prooflike finish that are most pronounced in the protected areas around the devices. Sharply struck, and uncommonly so for this often poorly produced issue, this is a remarkably well preserved and attractive Choice AU that would serve as a focal point in the finest gold cabinet.<p>While not in the same league as the 1854-O and 1856-O, the 1858-O is elusive in all grades and ranks among the rarer double eagles from the New Orleans Mint. According to Douglas Winter in the 2006 edition of <em>Gold Coins of the New Orleans Mint: 1839-190</em>9, survivors of this 35,250-piece mintage number only 150 to 175 coins in all grades. Q. David Bowers 2004 estimate is similar, if a bit less liberal, with no more than 150 pieces extant. Mint State coins are particularly rare and can be counted on one or two hands. With its undeniable originality and superior eye appeal, the present example is among the finest that we have ever had the privilege of bringing to auction. A find for the advanced double eagle or Southern gold collector that is worthy of the strongest bids.PCGS Population: 22; 21 finer, just two of which are Mint State (MS-62 finest).From the Fairmont Collection.
