Park Avenue Numismatics
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Miami, FL 33137
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The 1850-O boasts a substantial mintage of the New Orleans Mint of 141,000 pieces and is one of the few readily collectible dates in the series from this mint. Nonetheless, the issue is scarce in attractive AU condition and is prohibitively rare with a Mint State designation. Numismatic interest in large denomination gold -- particularly branch mint coinage -- was essentially nonexistent in the 1850s. The 1850-O twenty, like all gold coinage from the Southern mints in that era, was issued as a commercial workhorse. Most surviving examples are well-worn, abraded, impaired, or worse.
The NGC population is 64 with 34 graded higher.
Listed at $20,000 in the CDN CPG and $22,500 in the NGC price guide.