NM Estate Auctions
× Bidding has ended on this item.

Tangible Assets: Gold & Silver Auction Closed (#15383646)

Back To Catalog

Terms & Conditions
10.00%  Buyer's Premium
This Auction Uses Proxy Bidding.
Ended

1851-O $20 Liberty Head Double Eagle Gold Coin

  Lot # J721
Listing Image
Payment Options Seller Accepts Credit Cards

Payment Instructions
Payment and pickup instructions will be available on your invoice (under "My Account") at the conclusion of this auction.
Shipping Options
Pickup $0.00
FedEx / UPS $12.00 ($3.00 as additional item)
Details
Lot # J721
System ID # 15401109
End Date
Start Date
Description

1851-O $20 Liberty Head Double Eagle Gold Coin

  • Mint: New Orleans ("O" Mintmark)

Condition:
Presented in its genuine state with actual photos provided.

Dimensions:
One (1) Liberty Head Double Eagle Gold Coin

Liberty Head Double Eagle Value:
The value of a Liberty Head Double Eagle varies dramatically, ranging from a modest sum for well-circulated pieces to over $100,000 for coins in premium condition. Factors influencing value include the year of minting, mint location, and strike type.

Overview/History:
The 1851-O Liberty Head Double Eagle, part of the Type 1 variety without the motto "IN GOD WE TRUST," emerged as a consequence of the California Gold Rush. The influx of gold necessitated a coin that could adequately represent larger sums of wealth, thus the $20 denomination was born. Minted at the historic New Orleans branch, the 1851-O is a product of the early days of the Gold Rush, a time when the nation expanded westward and wealth flowed from the Californian rivers.

Design Details:
Weighing 33.431 grams and measuring 34.1 mm in diameter, this coin is composed of 90% gold and 10% copper, holding approximately 0.96750 troy ounces of pure gold. The obverse boasts the left-facing Greco-Roman depiction of Lady Liberty, her hair elegantly styled with a coronet inscribed with "LIBERTY." The perimeter is adorned with 13 stars symbolizing the original colonies, and the year of mintage below. The reverse features an eagle clutching an olive branch and arrows, with the inscriptions "UNITED STATES OF AMERICA" and "TWENTY D." signifying its denomination.

Liberty Head Double Eagle Interesting Facts:
- Minted in an era of intense political and economic change, the 1851-O Double Eagle holds a mirror to a transformative period in American history.
- Chief Engraver James B. Longacre's design faced much adversity, yet it became one of the most recognized symbols of America's gold coinage.
- With the addition of the motto "IN GOD WE TRUST" post-1866, earlier issues like the 1851-O became significant for their absence of this inscription.
- The 1851-O is a significant piece for collectors, particularly those interested in the pre-Civil War mintage and the historical narrative of the New Orleans Mint.

Our Commitment to You:
Customer Guarantee

At Mesilla Valley Estate Sales, we take pride in the authenticity and quality of each item we offer. Here's our commitment to you:

  1. Authenticity Assurance: We guarantee the coins in this listing to be authentic, handpicked from pre-owned estate collections.
  2. Accurate Description: We guarantee that each coin is described accurately on our website. The metal type and purity are described accurately. We ensure thorough verification of these specifics before listing.
  3. Review at Pickup: You will have the opportunity to review your item during the designated pickup time. We encourage you to inspect your purchase to confirm that it matches the description provided. Please note, once you leave the property with the item, it is considered yours.

Please Note:

In the rare event of a typographical error in our listings, including gem descriptions and pricing, we reserve the right to correct such errors. If an item is sold based on incorrect information, we will provide a full refund to the buyer and adjust the product information accordingly.

Our guarantee aligns with our pickup policy, ensuring you have the opportunity to review your purchase at the designated pickup time and location. It's important to understand that once the item is picked up, the sale is final, and the item cannot be returned.

We believe that the coins you purchase will become cherished heirlooms, admired for generations.