The 1857-O Coronet Head Gold $20 Double Eagle is a significant coin in American numismatics, struck at the New Orleans Mint in Louisiana. Designed by James B.
Longacre, the Coronet Head design features Lady Liberty facing left, wearing a coronet inscribed with the word "LIBERTY." The obverse also displays thirteen stars representing the original colonies and the date "1857" below Liberty's portrait.
On the reverse of the coin, an eagle with outstretched wings holds an olive branch and arrows in its talons, with a shield at its breast. The denomination "TWENTY D." is inscribed below the eagle.
The "O" mint mark signifies that the coin was struck at the New Orleans Mint. Established in 1838, the New Orleans Mint played a vital role in producing gold coins, particularly to support commerce in the southern United States.
The 1857-O Coronet Head Gold $20 Double Eagle is notable for being minted during a time of economic growth and prosperity in the United States.
Gold coins like the Double Eagle were widely used in commerce and trade, facilitating transactions both domestically and internationally.
Due to its historical significance and relative scarcity, the 1857-O Coronet Head Gold $20 Double Eagle is highly sought after by collectors.
Well-preserved examples with clear details and attractive patina can command significant premiums in the numismatic market, especially among specialists and collectors who appreciate early American coinage and the historical significance of coins minted at branch facilities.