The 1860-O is one of the most popular New Orleans Mint Liberty Seated dollars from the desirable No Motto period of 1840 through 1865. It was widely represented in the Treasury Department releases of 1962 to 1964, through which approximately 5,000 Uncirculated examples entered the market. Specialist Bruce Amspacher wrote about this issue: "the average BU 1860-O dollar earned the nickname of ‘Quaker Oats dollar,’ because it looks like it was shot from guns." An additional 11 Mint State examples were discovered in the chimney of an old New Orleans house in 1935 and brought to market in 1997, though many display dull luster from the less-than-ideal storage conditions.
We are thrilled to offer an exceptional MS-62 (PCGS) CAC example in our November 2021 Showcase Auction, offered as part of the exciting Birdwatcher Type Set. Spanning virtually every category in the Guide Book with over 260 lots, the Birdwatcher Type Set is sure to be memorable and includes such treasures as a Proof-66 Deep Cameo (PCGS) 1898 half dollar and a MS-65 RB (NGC) 1926-S cent, in addition to this remarkable 1860-O dollar. The surfaces of this 1860-O dollar are highly lustrous and largely brilliant, accented by deep russet and cobalt-blue toning at the borders. Approval by CAC emphasizes the superior quality and eye appeal. Beyond the quality of the items from this cabinet, it is notable that a portion of the proceeds from the Birdwatcher Type Set will be donated to The Nature Conservancy.
This exceptional 1860-O Liberty Seated dollar from the Birdwatcher Type Set will be showcased in lot 3028 of our November 2021 Auction. For more information on this auction or to consign your numismatic treasures to a future sale, contact our firm at 800-566-2580 or email [email protected]. Stack’s Bowers Galleries is now accepting consignments of U.S. coins and currency for our March 2022 Showcase Auction, while our monthly Collectors Choice Online Auctions offer a convenient venue for the quickest sale at the strongest prices.