SOLD – $10.00 – 1860-O PCGS MS62, ex Bass

1860O_10_P62_bass.jpg
1860O_10_P62_bass.jpg
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SOLD – $10.00 – 1860-O PCGS MS62, ex Bass

55,000.00

Serial Number 5652612

PCGS Lookup Number 98631

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If a specific coin was the best that Harry Bass could find, that is saying something. Bass, the consummate collector of 19th century US gold, was especially fond of Liberty Head eagles from New Orleans and many of his pieces were either the finest known or high in the Condition Census. This 1860-O was the best example of this date that Bass was able to find and it is the second finest known, trailing only an NGC MS63 that is owned by a prominent West Coast specialist.

This coin has an amazing look to it which is far different than on any other 1860-O eagle that I can recall seeing. Most are frosty with a slightly grainy texture but this piece is fully Prooflike. It has some mint-made planchet chips on the obverse in the left field and above the date which are also unlike anything that I have seen on this date. You could make a case for this coin being some sort of presentation strike and it has a remarkable appearance. I actually graded it MS63 back in 2000 when I first saw it and I still maintain that this is the proper grade. Both the obverse and reverse show lovely rich natural yellow-gold color.

I am aware of four or five Uncirculated 1860-O eagles of which this is the second best and the only piece graded Mint State by PCGS. It is in the same PCGS slab as it was when it was last sold in the Bass IV auction and I regard it as one of the most remarkable Liberty Head eagles that I have handled this year.

The 1860-O is a sleeper date in high grades. It is numismatically significant as the last of 21 No Motto eagles from this mint and only 11,100 were made. It is not often seen above AU53 to AU55 and, as I mentioned above, it is extremely rare in Uncirculated.

Ex Bowers and Merena 10/00: 678 ($25,300), Harry Bass collection, Stack’s 5/70: 1070, Gaston DiBello collection.

on hold