1855-P (Philadelphia) Liberty Head Double Eagles $20

Coin / United States of America / 1855 / Philadelphia / Liberty Head Double Eagles $20 / $20 (Twenty Dollars)

The coin in question is a Liberty Head Double Eagle, specifically a $20 gold piece minted in 1855 at the Philadelphia Mint. Known for its classic design and historical significance, this coin is part of the Liberty Head series which was produced from 1849 to 1905. Struck from gold, the coin has a typical diameter of 34 mm and a weight of approximately 33.44 grams. The Philadelphia Mint played a crucial role in the production of these coins, with a total mintage of 364,666 coins for this particular year (1855). As a Denomination of $20 (Twenty Dollars), it was one of the highest-valued coins in circulation during its time. The design on the coin features the iconic Liberty Head on the obverse, while the reverse showcases a majestic eagle, symbolizing strength and freedom. The use of gold not only gives this coin intrinsic value due to its material but also contributes to its enduring appeal among collectors and investors. Overall, this 1855 Liberty Head Double Eagle holds significance not only as a piece of currency but also as a piece of American history, representing a time of prosperity and growth in the United States. As a collectible, its value can vary based on factors such as condition, rarity, and market demand, but high-quality specimens have been known to command significant prices in numismatic circles.