1851-O $5 Gold - Variety 1 or 2 Scarcity/Premium

Riverfront · January 12, 2015 10:36AM

I have seen from the notes that there were two varieties for this date and Variety 2 is the scarcest of the two. Is there any way to know how many variety 2s exist? Given that there are only 100-125 surviving coins it has to be less than 60, but I am curious if we are talking 3 or 30. Do many collectors look for the varieties or put a premium on these more "minor" varieties? Thanks

DaveG · January 12, 2015 11:04AM

If Doug Winter hasn't published anything, then I doubt if anyone else has.

As far as I know, there really isn't really a market for minor varieties of gold coins.

RYK · January 12, 2015 12:01PM

<< <i>If Doug Winter hasn't published anything, then I doubt if anyone else has.

As far as I know, there really isn't really a market for minor varieties of gold coins. >>

I agree. In other words, people who care about the distinction are far, far rarer than the variety itself.

Sonorandesertrat · January 12, 2015 1:30PM

"As far as I know, there really isn't really a market for minor varieties of gold coins."

I also agree, and think that this is true for most series of coins, except early-date large cents.

Boosibri · January 12, 2015 2:20PM

And then there is variety 3 which has the same as obverse 2 but with a visible second "O" mint mark To the lower right. I have logged three of these, two ex-Bass and this one. I paid a premium for the coin partially for the variety, mainly because it is a really nice XF45.

ricko · January 12, 2015 10:23PM

I do not see the second 'O'....could you elaborate?? Thanks, Cheers, RickO

Boosibri · January 12, 2015 10:54PM

1851-O Link

1851-O $5 Gold - Variety 1 or 2 Scarcity/Premium

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