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1856 Proof

Gold Coins · Liberty Head Gold $20 Double Eagles (Coronet Head) · 1849–1907
Regular Proof
Weight33.436 g
Diameter34 mm
MintPhiladelphia
StrikeProof
Mintage 329,878
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerJames B. Longacre
Collector's Key IDCK-6445

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About this coinHistory

Among the most contested entries in the Type 1 No Motto Proof cabinet, the 1856 Philadelphia double eagle sits in the same single-digit tier Walter Breen assembled for the 1850 through 1858 deliveries, with conventional estimates of five to ten pieces struck and four to seven traceable today. The issue belongs to the pre-1859 cluster that David Akers and John W. Dannreuther treat as a presentation effort rather than a regular Proof program, with strikings prepared for Mint officers, Treasury correspondence, and a small number of select cabinets. Specialists remain divided on whether 1856 saw any Philadelphia Proof production at all, with Q. David Bowers and the Double Eagle Book classing it as unconfirmed, while Breen-school scholarship places it within the Type 1 Proof continuum. The famous 1856-O branch mint Specimen is structurally unrelated to the Philadelphia question.

Population data is correspondingly thin. PCGS and NGC combined censuses show no certified Philadelphia Proof 1856 double eagle in current records, and the issue is absent from the live PCGS CoinFacts auction archive at the Proof level. Authentication for any candidate piece would rest on die diagnostics specific to the 1856 working dies, with mirrored fields, squared rims, and the absence of strike characteristics seen on the heavily produced Philadelphia business strike of 329,878 coins. Surface character on Type 1 Proofs of this cluster shows the deeply reflective fields and sharper device detail associated with hand-prepared dies, but in the absence of certified material the standard for the date remains documentary rather than physical.

Market position reflects that documentary status. No verifiable Philadelphia Proof 1856 has crossed a public auction block in the modern era, and the issue has not appeared in the dispersals of the foundational Type 1 cabinets, including Norweb, Eliasberg, and Pittman, where Proofs from 1859 forward are well represented. Any future offering would require independent die-marriage authentication and provenance work to clear the threshold Breen and Dannreuther established for the cluster. The neighboring 1854, 1857, and 1858 Philadelphia Proofs sit at similar single-digit thresholds with one or two confirmed survivors apiece, and regular Proof availability does not arrive until the 1859 issue of eighty pieces. For broader context, see the Liberty Head Double Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
PR-63 Proof (PR)
Frequently Asked QuestionsFAQ
How many 1856 Proof Liberty Head Gold $20 Double Eagles (Coronet Head) were minted?
329,878 were struck.
What is a 1856 Proof Liberty Head Gold $20 Double Eagle (Coronet Head) made of?
90% Gold, 10% Copper, weighing 33.436 g.
What is the melt value of a 1856 Proof Liberty Head Gold $20 Double Eagle (Coronet Head)?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1856 Proof Liberty Head Gold $20 Double Eagle (Coronet Head) a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.