1904 $20 Liberty NGC MS62 obverse
1904 $20 Liberty NGC MS62 obverse

$20 Liberty Double Eagle Type 3 NGC MS62

$1,295

Description

$20 Liberty gold Double Eagle, Type 3, NGC MS62 (generic gold, dates of our choice). NGC published value = $1,690 as of the time of this writing. You may receive this exact coin or a substantially similar one depending upon our order flow. If this is the case, the denomination, grade, service and price will be the same but the coin date will be of our choice. PayPal orders add 3%. We do not accept credit cards at this time. Except for approximately one year ago, the price levels of MS62 $20 Libs haven’t been this low since October of 2008. See our website tab entitled “Gold Charts” for a much more technical graph analysis of price movement and it’s correlation to spot gold. Got one to sell? Call 630-280-7300 for the latest quotes.

Along with the Gold Dollar, the $20 Gold Piece, or Double Eagle, was authorized by the Act of March 3, 1849. The large western gold discoveries made mintage of the Double Eagle a necessity, especially at the San Francisco Mint where the majority of Double Eagles between 1855 and 1907 were produced. Struck in three distinct Varieties, like the Liberty Head Eagles and Half Eagles, the motto, “In God We Trust,” was added to the reverse of the Double Eagle in 1866. These three distinct Varieties are:

  • Liberty Head Double Eagle, Type 1, No Motto, 1849-1866
  • Liberty Head Double Eagle, Type 2, With Motto, “TWENTY D.” on reverse, 1866-1876
  • Liberty Head Double Eagle, Type 3, With Motto, “TWENTY DOLLARS” on reverse, 1877-1907

There are many outstanding rarities in this series. The only Double Eagle minted in 1849, considered a pattern, is permanently impounded in the U.S. Mint collection. Particularly rare are the New Orleans Mint issues of 1854, 1856, and 1879, the Carson City Mint issues of 1870, and the Philadelphia Mint issues of 1881 to 1887. In 1861, Anthony Paquet designed an experimental reverse with tall letters that was briefly used to mint a reported 19,250 coins. This reverse was withdrawn shortly after production began, however, since the border was too narrow to protect the devices from abrasion. These coins are very scarce today, with perhaps 50 known specimens extant from the San Francisco mint and only 3 from the Philadelphia mint.