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1856 $20 Liberty Head Double Eagle NGC AU-55 CAC

Category: $20 Liberty Head Double Eagle
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CAC. The 1856 $20 Liberty Head Double Eagle is a representative issue from the formative years of America’s largest circulating gold denomination. Struck during a period of expanding commerce and westward growth, the type played a central role in large-scale transactions, banking reserves, and international trade, particularly following the California Gold Rush.

This example, certified NGC AU-55 and approved by CAC, retains strong overall detail with only moderate wear on the high points. The surfaces show honest circulation consistent with the grade, while the remaining luster gives a clear sense of the coin’s original appearance. CAC approval further underscores the quality and originality within the About Uncirculated range.

From a condition standpoint, the 1856 Double Eagle is elusive in higher grades. NGC reports 102 examples graded AU-55, with 103 finer, while CAC has approved just 28 pieces at this level, with 33 finer. These figures reflect the difficulty of locating well-preserved survivors of this early Philadelphia issue.

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