Portland, OR (PRWEB) January 21, 2013
Douglas Winter Numismatics, a Portland, Oregon, rare coin dealership specializing in choice and rare American gold coins struck from 1795 to 1900, recently sold an important group of New Orleans gold coins pedigreed to the famous Eliasberg Collection. The coins had been off the market for many years and they were sold into the finest collection of New Orleans gold ever assembled, which DWN has been working on since 2005.
According to Doug Winter, “I was able to purchase these three coins via private treaty at the recent FUN Convention, held in Orlando, Florida. They are amongst the most significant coins to have traded at this show.”
The three coins that Winter sold are an NGC MS63 1842-O half eagle (the finest known for the date), an 1844-O half eagle graded MS64 by NGC (the second finest known for the date), and an 1841-O eagle graded AU58 by PCGS (the finest known for the date). All three coins trace their pedigree to the October 1982 sale of the famous Louis Eliasberg collection, the greatest collection of American gold coins ever sold.
Winter, who has extensively researched New Orleans gold coins, stated the following: “The 1842-O half eagle is one of just three known of this date in uncirculated condition. The 1844-O half eagle is slightly more available but it is the second finest known. The 1841-O eagle is extremely rare with just a few dozen known from an original mintage of 2,500. It is well-known as the finest known example of this major rarity.”
The New Orleans mint began production of silver coins in 1838 and the first gold coins were struck in 1839. Gold coins were struck in $1.00, $2.50. $3.00, $5.00, $10.00, and $20.00 denominations. The mint was closed at the outbreak of the Civil War in 1861 but was reopened, for limited production, in 1879. It ceased operations in 1909.
Doug Winter has written the standard reference work on New Orleans gold coins. He has bought and sold many of the finest and most important gold coins from this mint and specializes in working with individuals seeking to put together world-class specialized collections of United States gold coins. His website, http://www.raregoldcoins.com, contains an unparalleled amount of articles and blogs for beginning and advanced collectors alike.
Winter can be reached via email at dwn(at)ont(dot)com.
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