Heritage 1/2015:4366, $58,750
David Akers (1975/88): The 1850-O is very scarce in all grades although, from the standpoint of total number of specimens known, it is the third most common Double Eagle from the New Orleans Mint. (The 1851-O and 1852-O are the two dates that are more common.) Virtually the entire known population of 1850-O Double Eagles grades VF or EF and strictly graded AU's are quite rare. In full mint state, the 1850-O is excessively rare, if not unknown. In high grade this issue is on a par with most of the other early O-Mint issues, and is actually more rare than the highly touted 1879-O. I have personally examined two borderline uncirculated (AU55+) specimens but have not seen a true unc. Acording to rarity by average grade, the 1850-O ranks 4th out of the entire 204 coin Double Eagle series. Every specimen that I have seen was either semi-prooflike or fully prooflike.
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