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1856-O

Gold Coins · Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) · 1840–1907
Semi-key
Weight4.18 g
Diameter18 mm
MintNew Orleans
StrikeCirculation strike
Mintage 21,100
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-5457

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About this coinHistory

New Orleans struck 21,100 quarter eagles dated 1856, a moderate output for the decade. The New Orleans branch operated on a different bullion model than its Carolina and Georgia counterparts, drawing deposits from the Mississippi Valley trade network that brought California gold up the river from Gulf shipping, Mexican silver and gold from cross-border commerce, and the residual flow from Alabama and Mississippi placers. The 1856-O delivery moved through several die marriages over the course of the year, with strikes generally sharper than the Charlotte and Dahlonega coins of the same date due to the larger and better-equipped New Orleans press operations. The quarter eagle was a working denomination in the New Orleans economic zone, used for coastal trade settlements and intercity remittances, and the surviving population reflects that commercial role with most coins showing meaningful circulation wear.

Authentication for the 1856-O begins with verification of the O mintmark on the reverse below the eagle, struck in the standard New Orleans position. The 1856-O O punch is round and well-formed, distinctly different from the more compact and serifed C and D mintmarks of the Charlotte and Dahlonega facilities. Genuine struck examples display natural die-flow integration with the surrounding field, while added-O counterfeits built on common-date 1856 Philadelphia hosts typically show tooling marks at the letter perimeter, evidence of applied metal at the base, or a sharp boundary that breaks the normal field continuity. Letter shape verification is particularly important because the O mintmark is geometrically simple and easier to forge than the more complex C or D punches. The planchet must weigh 4.18 grams at 0.900 fineness with an 18 millimeter diameter and a fully reeded edge.

Survivors are estimated at 300 to 500 pieces across all grades, making the 1856-O genuinely scarce but more accessible than the contemporary Charlotte and Dahlonega issues. Most examples fall in the VF through EF range with circulation wear consistent with active commercial use, and About Uncirculated coins are scarce. Mint State pieces are rare, and certified examples above MS-60 attract steady demand from New Orleans specialists and southern gold cabinet builders. Problem-free circulated coins with original surfaces trade at firm premiums to wholesale guides. See the full Liberty Head Quarter Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF) $710 $820
EF-40 Extremely Fine (EF) $890 $1,025
AU-50 About Uncirculated (AU) $1,610 $1,855
MS-60 Uncirculated (MS) $7,660 $8,840
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How much is a 1856-O Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) worth?
In Very Fine condition it runs about $710–$820, rising to roughly $7,660–$8,840 in Uncirculated. These are reference values, not an appraisal.
How many 1856-O Liberty Head Gold $2.5 Quarter Eagles (Coronet Head) were minted?
21,100 were struck.
What is a 1856-O Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) made of?
90% Gold, 10% Copper, weighing 4.18 g.
What is the melt value of a 1856-O Liberty Head Gold $2.5 Quarter 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-O Liberty Head Gold $2.5 Quarter Eagle (Coronet Head) a key date?
It's a semi-key date — scarcer than common issues but more available than the series' key dates.