Value of 1856-O $20 Gold Coin

Value of 1856-O $20 Gold Coin

This date is the rarest New Orleans Mint double eagle, with a mintage of only 2,250 pieces. The most prominent regions of Libertys hair on the obverse are often found softly struck, with the reverse remaining generally sharp. The small production run instilled a prooflike luster to virtually all examples, though this is often obscured by heavy abrasions. Today, the 1856-O $20 double eagle remains a classic Liberty Head double eagle rarity. Just 30 to 40 survivors of this issue are known, including a number of pieces plagued by damage, cleaning and other problems. Most of the population is heavily worn in grades ranging from VF to EF, with 8 or so pieces in AU condition. The only know Uncirculated 1856-O $20 is a piece graded Specimen-63 by NGC that can be traced back directly to the New Orleans Mint.