SOLD – $10.00 – 1853-O NGC AU58

1853O_10_N58.jpg
1853O_10_N58.jpg
sold out

SOLD – $10.00 – 1853-O NGC AU58

6,000.00

Serial Number 3814085-005

PCGS Lookup Number 8612

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The 1853-O is one of the more available No Motto eagles from New Orleans but it is much scarcer than generally realized in Choice AU and higher. In fact, I am aware of just two or three pieces which I regard as Uncirculated, making AU58 essentially the best available for the date.

This is a very attractive coin with deep “Euro” colors. The fields are a rich yellow-gold and are contrasted by deeper hue on the relief details. There is no readily visible wear, just some bag friction and mostly on the obverse. The strike is sharp and the surfaces show fewer marks than normal. There is a dark spot on the reverse over the E in STATES which serves as ready identification.

In Heritage’s 2/14 sale, an NGC AU58PL example of this date brought an astonishing $15,275 while a PCGS/CAC AU58 sold for a strong $10,575 in the Heritage 6/14 auction. More pertinently, a cleaned PCGS/OGH AU58 realized $6,463 as Stacks Bowers 10/14: 10048.

At around one-third the price of an Uncirculated example–if you can find one–this pieces seems like good value to me.