SOLD – $10.00 – 1857-O PCGS AU53

1857O_10_P533.jpg
1857O_10_P533.jpg
sold out

SOLD – $10.00 – 1857-O PCGS AU53

5,250.00

Serial Number 8623.53/27517185

PCGS Lookup Number 8623

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With a mintage of just 5,500 coins, the 1857-O is among the scarcer No Motto eagles from the New Orleans mint. It is scarce in properly graded AU50 to AU53, very scarce in AU55 and rare in AU58. No Uncirculated 1857-O eagles are currently known.

This slightly reflective example has the body and appearance of an AU55 but it has been correctly graded AU53 by PCGS due to scattered marks in the fields. Unlike most 1857-O eagles, this piece has not been stripped and it shows a good deal of warm light orange-gold color with abundant mint luster.

Only two PCGS AU53 examples have sold at auction since the summer of 2011 and the last one, which was not choice, realized $4,994 in December 2014; the other one realized $5,463 in August 2011.

Only eight 1857-O eagles have been graded higher than this by PCGS and it is unlikely that a significantly finer piece will be available unless a major specialized collection of eagles is sold.