1856-O $10 Liberty No Motto NGC AU55 – SOLD

Description

1856-O $10 Liberty No Motto NGC AU55. The 1856 New Orleans mint issue is definitely a challenging gold Liberty Eagle to collect in all grades, although one wouldn’t necessarily think so by the prices it commands. Only 14,500 pieces were originally struck and fewer than 200 can be accounted for today, in all states-of-preservation. In Doug Winter’s 2006 edition of the book Gold Coins of the New Orleans Mint: 1839-1909, however, he accounts for only 80-90 survivors in all grades adding most examples will be encountered in grades of  VF to EF. AT the Choice AU55 level, the 1856-O issue is conditionally scarce. The present coin displays lightly worn devices, with no mentionable abrasions on either side.

The 1856-O is similar in overall rarity to the 1852-O and 1855-O and it is among the more highly regarded rarities in the New Orleans Mint Eagle series. It is ranked even higher in high-grade rarity and trails only the 1841-O, 1857-O and 1859-O as the fourth-rarest issue in this Southern gold series. Mint State coins are all but unobtainable.