1855-O Eagle, PCGS AU58
We have offered several O-Mint Eagles of both No Motto and With Motto types since we started Desert Moon Numismatics last year. All have been CACed and personally selected for their quality. Here we present our most recent No Motto pick-up.
As the images above show, this is a pretty cool 1855-O Eagle in PCGS AU50/CAC. It is from the Fairmont Hoard of quarter eagle, half eagle, eagle and double eagle coins that have been auctioned off by Stacks-Bowers. Many of these have a particular ‘look’ from long-term storage. This example exemplifies the Fairmont look with a nice ‘skin’ and a distinctive color as shown, that certifies its originality. The dings for this ‘soft’ gold coin are minimal for the grade. Luster is rich when rotating under the light. All in all, a pq example for the grade and fully original. The kind of coin we love to offer.
What also makes this 1855-O Eagle special is its rarity. In Doug Winter’s book on New Orleans Gold, he places it as tied for the 3rd rarest of the O-Mint No Motto Eagles with 100-125 known. In the grades of AU and MS, he also places it as 3rd rarest with 20-25 known. These numbers include those from the Fairmont Hoard where 12 examples made it into graded PCGS holders (6 of these CACed). As Doug points out in New Orleans Gold book “the 1855-O is a very scarce issue. The great majority of those available are in the VF-EF range. Most of the AU coins which are known as not choice, and this date is very rare in graded AU55 to AU58. Just two are known in Uncirculated, and both grade MS61”.
The CAC population numbers play out for what Doug reports in his book. Nineteen of these are CACed, 3 in VF, 11 in XF, 3 in AU50 including this one, 1 in AU53, and 1 in AU55. None higher. Hence, this example with its lovely originality, color, and skin, is tied for the 3rd highest graded example with a CAC sticker on it. The example in AU55 would cost one at least 2 times what we are asking for this one. So this lovely coin is not only uber rare, but also offers ‘bang for the buck’.
When I saw this coin at a table at ANA in Oklahoma City, I was not really thinking about rarity, however. I instead just saw a cool O-Mint Eagle that had ‘the look’. We offer this amazingly cool coin here for your perusal.
This coin is approved by CAC.
PCGS Cert. #57697333
