1850-O $20

Description

# 1850-O $20 Gold Double Eagle. NGC MS-55 | Prooflike Surfaces. This exceptional New Orleans Mint gold double eagle represents a significant example of mid-19th century American coinage. Struck during a pivotal era of westward expansion and economic development, this 1850-O $20 gold piece showcases the remarkable craftsmanship of the New Orleans Mint, which played a crucial role in circulating currency during the antebellum period. The coin exhibits prooflike surfaces with remarkable reflective qualities, a characteristic that significantly enhances its numismatic desirability. Graded *NGC MS-55*, this specimen demonstrates exceptional preservation for its age, with minimal contact marks and a lustrous golden-orange patina typical of early gold coinage. The NGC certification (Certificate #2702287001) provides additional assurance of the coin's authenticity and condition. Population data reveals the rarity of this issue, with only 450 coins graded at this level and just 1,250 examples in higher grades out of a total population of 12,500 certified specimens. Such statistics underscore the coin's collectibility and historical significance. Numismatists and serious gold coin collectors will appreciate this remarkable example of mid-19th century American gold coinage, representing a tangible piece of monetary history from the pre-Civil War era. Provenance and Condition Highlights: - Mint of Origin: New Orleans (1850). - Grade: NGC MS-55. - Surface Quality: Prooflike. - Estimated Market Value: $850. - Starting Bid: $13,200