1879-O Gold Eagle, NGC XF45 CAC.
From an original mintage of just 1,500 pieces, this
coin is one of an estimated 125 coins still in existence
in all grades. Most of these pieces show excessive marks
from circulation, making correctly graded coins rare.
The low mintage of this issue from the New Orleans
Mint is only passed by the rare 1883-O eagle, which
only had 800 coins struck. This is the 2nd lowest
mintage of any gold coin from the New Orleans Mint,
and examples are thus very desirable. While the larger
double eagles usually attract more attention, a full
set of New Orleans eagles, in any grade, is a real
Most New Orleans gold coins have either been cleaned
or excessively dipped. As a result, truly original
pieces are rare, usually accounting for only a few
percent of the remaining survivors. The invitation
of grading companies, and the on going search for
higher grade pieces as opened a whole new concept
of cleaning and upgrading coins, in hopes of a higher
The present piece is very original and rare as such.
Original reddish toning is seen on both sides, with
the original deep yellow gold also visible at points.
Sharply struck, this piece shows much less wear than
would be expected for an Extremely Fine grade coin.
Deep abrasions are usually seen for this issue, but
this example is remarkably free of them. Only the
obverse shows some marks in front of the eagle, but
still much less deep than regularly found. A very
fresh and bold piece seldom found in such a lovely
state of perseveration.
see it here? Tell us what you want Click