||November 2017 Baltimore U.S. Coins Auction
||[Repunched Date] [Winter 2] Ex. HC Oct. 1995 Lot 6260
||Condition Census 1847-O Eagle
The Warren Miller-Murray Hill Collection Specimen
1847-O Liberty Head Eagle. Winter-2. Repunched Date. MS-64 (PCGS). OGH.
As one of the finest 1847-O eagles known, this beautiful near-Gem is equally well suited for an advanced type set or specialized Southern gold collection. Fully lustrous surfaces exhibit a delightful satin to softly frosted texture. Warm antique gold patina blankets both sides and the devices are sharply impressed apart from a touch of softness to the central high points. Scattered luster grazes and other trivial blemishes are minimal for the assigned grade. Provenance considerations alone compel us to mention a tiny spot in the lower left obverse field inside star 2 and a few tiny nicks in the left reverse field between the olive leaves and the eagle's left (facing) wing. Early date No Motto eagles from both the Philadelphia and New Orleans mints are rare with the combination of high technical quality and strong eye appeal offered here. A significant condition rarity that belongs in the finest cabinet.
Produced to the extent of 571,500 pieces, the 1847-O is by far the highest mintage eagle from the New Orleans Mint. It is the most common No Motto Liberty Head ten from this coinage facility with survivors available in circulated grades through the lower reaches of AU. In Mint State, however, this issue develops into a significant condition rarity, as do most early eagles of this design type. Fewer than 15 Uncirculated coins are believed extant, perhaps no more than a dozen. The present example is tied with only two other MS-64s at PCGS as the finest certified:
1 - Ex Superior's session of Auction '80, August 1980, lot 422; Paramount's session of Auction '84, July 1984, lot 943; Superior's session of Auction '86, July 1986, lot 1419; Heritage's sale of February 1990, lot 5520; our (Bowers and Merena's) Chicago ANA Sale of August 1991, lot 1923; Warren Miller; Heritage's sale of the Warren Miller Collection, October 1995, lot 6260; Louisiana collection; Stack's Bowers Galleries; Murray Hill Collection. The present example.
2 - Ex Stanley Kesselman, April 1968; Harry W. Bass, Jr., acquired from the preceding via private treaty; our (Bowers and Merena's) sale of the Harry W. Bass, Jr. Collection, Part IV, November 2000, lot 626; Heritage's sale of the Grand Lake Collection, February 2009, lot 2880; Ellen D. Collection (David Hall); Simpson Collection; Legend's Regency Auction XIII, September 2015, lot 236.
3 - Ex Heritage's Long Beach Signature Sale of February 2005, lot 8735; California collection.
There are two major varieties of this issue, and the coin offered here represents the more significant Repunched Date variety that is attributed as both Winter-2 and Breen-6881. Prominent repunching is evident at the base of the digits 18 in the date. A late die state of this variety, both sides exhibit myriad die cracks around the peripheries that are particularly pronounced on the reverse.
PCGS# 8598. NGC ID: 2632.
PCGS Population: 3; 0 finer.
Provenance: From the Murray Hill Collection. Earlier ex Superior's session of Auction '80, August 1980, lot 422; Paramount's session of Auction '84, July 1984, lot 943; Superior's session of Auction '86, July 1986, lot 1419; Heritage's sale of February 1990, lot 5520; our (Bowers and Merena's) Chicago ANA Sale of August 1991, lot 1923; Warren Miller; Heritage's sale of the Warren Miller Collection, October 1995, lot 6260; Louisiana collection; Stack's Bowers Galleries, to the present consignor via private treaty sale.