1856-O $20

Description

Extremely Rare 1856-O Double Eagle

1856-O $20 XF 40 PCGS. Light to medium orange-gold toning can be seen over the typically "choppy" surfaces. Nicely detailed for the grade with a good deal of prooflike flash remaining in the protected areas. The overall level of eye appeal of this piece is well above average for the issue, as most 1856-O double eagles have been repeatedly cleaned and have huge detracting marks on the surfaces. A very important coin that is always in great demand among Liberty Head double eagle collectors and New Orleans gold coin specialists.
The 1856-O is the rarest collectible double eagle. It is clearly rarer than the 1854-O, despite published claims to the contrary. There may be as few as 12-15 pieces known and most are in the VF to XF range. In the past few years, the only appreciably finer example to sell at public auction was the Bass II coin, graded AU 53 by PCGS, that brought $105,800. There are only three or four AU pieces known and an incredible Uncirculated example (currently in an NGC MS 63 holder) that is in a Texas collection.
From the David & Jeannie Cheung Collection.

Coin Index Numbers: (NGC ID# 268Z, PCGS# 8918, GSID# 9863)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 2,250

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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View Certification Details from PCGS