The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Numismatic Rarity
Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
Relative Rarity By Type
Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
Relative Rarity By Series
Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
Doug Winter:
The 1892-O is among the more common New Orleans eagles. Its total population appears to have doubled since the first edition of my book. I am aware of at least one significant hoard entering the market around 1994-95 with dozens of Uncirculated pieces coming from this source. Since then, at least one other substantial group has been located. This date is virtually non-existent below AU and it appears that most examples never circulated.
The 1892-O eagle is a common issue in grades up to and including MS61. It is moderately scarce in MS62 and moderately abraded examples at the high end of this grade are actually scarce. I have not personally seen one better than MS62 although PCGS has graded [several in] MS63.
STRIKE: The obverse often shows some weakness on the high spots as well as on a number of the stars. The reverse may be slightly weak on the eagle’s neck.
SURFACES: The surfaces are almost always seen with extensive abrasions on the obverse and the reverse.
LUSTER: The luster is usually frosty with a slightly subdued, granular texture. On many coins, the luster is impaired as a result of numerous clusters of abrasions in the fields.
COLORATION: The coloration most often seen is a rich orange-gold. While a number have been dipped in recent years, it is still fairly easy to find a coin with pleasing natural hues.
EYE APPEAL: Most 1892-O eagles are lustrous and many have good color but nearly every known example is very heavily abraded. Some have a distinctive “inner ring” of color on the obverse. I have never seen one that stood out as being decidedly better than the hundreds of pieces known in the MS60 to MS62 range.
DIE CHARACTERISTICS: There are no prominent die characteristics noted on the obverse or the reverse.
MAJOR VARIETIES: There is a single variety known.
Variety One: The date is slightly low in the field and appears to be closer to the denticles than to the truncation. The mintmark is small and squat with a shape not seen on any other earlier-dated New Orleans eagles of this type. It is far from the arrow feather and placed over the space between the E and the N in TEN.
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