The inaugural coinage of the double eagle in New Orleans produced 141,000 coins, a substantial number for that facility, fueled by deposits of freshly mined gold from California.
The issue was popular in the banking system due to its high face value and proportionately manageable size, but the vast majority of examples also experienced extensive circulation in the South.
Most pieces encountered by collectors grade only in the VF to XF levels, and AU representatives are scarce and almost entirely restricted to the lower end of that range.
While not apparent in our images, this is a lustrous and flashy example.
Only 8 have been graded higher by NGC.
1850-Os are downright rare, as the population reports indicate.
Listed at $42,400 in the CDN CPG, $45,000 in the NGC price guide and $42,500 in Trends.
All items are shipped within 3 – 5 business days after receipt of payment unless otherwise stated at the time of purchase. Sets may require an additional 2 – 3 days for assembly and completion.We ship via US Postal Service: First Class Mail, Priority Mail and Express Mail services are available.
With the exception of Bullion Items, Eastern Numismatics offers a 30-day unconditional return guarantee covering our Numismatic and Collectible Items. Returned items must be received at ENI within 30-days of their delivery to the client for this guarantee to be in effect. Items must be sent to: ENI, 642 Franklin Avenue, Garden City NY 11530 Attn: Returns.
Let our four decades of honest service and industry networks work for you. Our efforts to improve product quality and service has led us to a diverse and exeptional numismatic inventory in order to meet the challenges of today’s rare coin market and the needs of our clients. We have been servicing investors and collectors since 1974 and are members of all major consumer and trade organizations, including the American Numismatic Association, the Better Business Bureau, the Professional Numismatists Guild. At Eastern Numismatics we are ready to work for you and help turn your rare coin investment into gold. Call today and speak with one of our qualified ENI coin consultants. They will help you select the best quality rare coins and precious metals for your hard earned money.
“I received my Morgan in the mail today. What a beautiful coin. Thank you for fast shipping. Looking forward to being a repeat customer. ”
- Kevin B
“Received my coin and I'm very pleased. Very nice coin at a great price and excellent service. ”
- Bryant N.
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- Patrick B.