Coin Specifications

Category: Liberty Head $20 (1850-1907)
Mint: Philadelphia
Mintage: 92,133
Catalog: KM-A74.1
Composition: Gold
Fineness: 0.9000
Weight: 33.4360g
AGW: 0.9675oz
Melt Value: $1242.56 (8/27/2014)
Numismatic specification data provided by Krause Publications NumisMaster.
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1862 $20 MS obverse 1862 $20 MS reverse

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There are no varieties for this coin.

Description & Analysis

This issue is surprisingly scarce, and seldom found in any grade better than XF. Even the S.S. Republic treasure, which included examples of nearly every date in the Type One double eagle series, only contained eight examples of this date. The combination of low production (only 92,133 were minted) and extensive hoarding and melting of precious metals during the Civil War resulted in the rarity of this issue. Many additional pieces found their way to Europe in exchange for needed supplies during the War years. Currency issued by either government, the United States or the Confederate States, was undesirable as the outcome of the War was not known, thus gold and silver was expected in payment.

Winter and Crum offered some advice regarding this issue (in 2002): 'Many collectors are still not aware of just how rare this coin is. After the widespread release of this book, they will. Buy any nice 1862 double eagles you are offered and do not be afraid to pay in excess of current published values.'

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


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Price Guide

Last Updated: 5/28/2014

Click on a price to see historical prices, comparison charts and trends.

1862 $20 MS
Base $ 2250 2500 2750 4250 11500 11500 13750 16500 23000 32500 39500 43500 50000 62500 120000 - - - - - -
$ 12750 15000 19850 25500 36500 42500 47500 57500 67500 135000 - - - -
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Total Graded: 91
Low Grade: VF
Average Grade: 53
High Grade: 64

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
8/29/2005 NGC XF 45   Teletrade Auction 2085, 2085/Lot# 2708 $3,920.00
11/3/2005 NGC MS 64   Heritage Auctions 2005 November Dallas, TX Signature Auction #388, 388/Lot# 2459 $62,100.00
5/25/2008 NGC AU 50   Goldberg May 25-27, 2008 Pre-Long Beach Coin and Currency Auction, 47/Lot# 4761 $5,520.00
5/28/2008 NGC AU 53   Heritage Auctions 2008 May Long Beach, CA Signature Auction #1108, 1108/Lot# 3580 $9,200.00
12/3/2009 NGC MS 62   Heritage Auctions 2009 December Houston, TX US Coin Auction #1132, 1132/Lot# 1910 $32,200.00
1/8/2014 PCGS XF 40   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(6), 1201/Lot# 7083 $11,162.50
8/6/2014 PCGS MS 62   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 12025 $70,500.00

NGC Registry

NGC Registry Score 1862 $20 MS
Registry Image Gallery
Grade: AU 58
Points: 5066
Owner: izikas
Grade: AU 53
Points: 3740
Owner: Gazooty
View the Registry Image Gallery

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