Huge End of May Rarities Coin Auction 23 Part 2 Day 3
By Key Date Coins
May 26, 2023
148 Route 73 Suite 3-184 Voorhees, NJ 08043 USA, United States
The auction has ended

LOT 4559:

***Auction Highlight*** 1858-o Gold Liberty Double Eagle $20 Graded ms62 details By SEGS (fc)

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Sold for: $17,000
Start price:
$ 15,000
Estimated price :
$50,000 - $100,000
Buyer's Premium: 18%
Auction took place on May 26, 2023 at Key Date Coins
tags:

***Auction Highlight*** 1858-o Gold Liberty Double Eagle $20 Graded ms62 details By SEGS (fc)
***Auction Highlight*** 1858-o Gold Liberty Double Eagle $20 Graded ms62 details By SEGS. Among early double eagles, the rarest of the rare are New Orleans coins in Mint State. We proudly present a landmark coin. The 1858-O is a low mintage issue with just 35,250 coins struck. The vast majority of examples were consumed by commercial use, and most numismatic scholars accept an estimate of only 150 to 200 pieces extant in all grades. The typical survivor grades EF or AU and is likely to trace its provenance to a group of circulated examples that entered numismatic channels during the 1990s. Mint State coins are exceedingly rare with Doug Winter (Gold Coins of the New Orleans Mint: 1839-1909, 2006 edition) accounting for just six or seven examples at any Mint State level. Four of the Uncirculated survivors are from the treasure recovered from the S.S. Republic shipwreck. The S.S. Republic foundered in a hurricane off the coast of Georgia in 1865 shortly after the end of the Civil War. At the time of its loss, the ship was carrying $400,000 in silver and gold from New York City to New Orleans. Located in 2003 and subsequently salvaged by Odyssey Marine Exploration, the shipwreck yielded a treasure of 51,000 coins and 14,000 other artifacts. Among the coins were numerous double eagles from the 1850s and 1860s, including a number of condition rarities such as the 1858-O offered here A Key Date's Pick, Bid to Win, Don't let it get Away, you might not find its equal Coin. I give this coin my highest recommendation

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