1855-O $20.00 PCGS EF45 CAC

Here's yet another reason why I love being a coin dealer: after a couple of years of not handling an example of this very rare double eagle, I have now bought two in less than than three weeks. I just sold the Pittman 1855-O (also graded EF45 and approved by CAC) and am now pleased to offer what I believe to be the single nicest piece that I have ever seen in an EF45 holder. This is a very original 1855-O with superb deep color on the obverse and reverse. Both sides are a rich green-gold with pronounced reddish shadings at the right obverse border and across nearly all of the reverse periphery. The surfaces are choice and exceptionally clean for the issue with no marks of note except for a tiny shallow mint-made planchet flake to the left of the 1 in the date. Interestingly, the Pittman coin that I just sold also had an obverse flake; this time below the 55 in the date. This example has really marvelous overall eye appeal and I doubt if you could find a piece with a better appearance in today's market. As I said when describing the Pittman coin, the 1855-O is the rarest collectible New Orleans double eagle and I think it is considerably undervalued in relation to issues such as the 1859-O, 1860-O and 1879-O.