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: $1262.01 (7/28/2014)
Numismatic specification data provided by Krause Publications NumisMaster.
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1862 $20 MS obverse 1862 $20 MS reverse


  
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VarietyPlus®

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.


GRADE SUMMARY

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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
  GVGFVF4045505355586061626364656667686970
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 - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 90
Low Grade: VF
Average Grade: 53
High Grade: 64


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
8/9/2014 MS 62   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(4), 1208/Lot# 5706
8/9/2014 AU 53   Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(2), 1208/Lot# 4106


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
8/29/2005 NGC XF 45   Teletrade Auction 2085, 2085/Lot# 2708 $3,920.00
9/27/2007 NGC XF 45   Heritage Auctions 2007 September Long Beach, CA Signature Coin Auction #446, 446/Lot# 3784 $7,475.00
5/25/2008 NGC AU 50   Goldberg May 25-27, 2008 Pre-Long Beach Coin and Currency Auction, 47/Lot# 4761 $5,520.00
1/5/2011 NGC AU 58   Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(3), 1151/Lot# 5258 $20,700.00
4/27/2011 NGC AU 58   Heritage Auctions 2011 April Rosemont CSNS Signature & Platinum Night US Coin Auction Session(3), 1154/Lot# 5467 $25,300.00
2/28/2012 PCGS XF 40   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 7823 $7,475.00
3/8/2012 NGC XF 45   Heritage Auctions 2012 March 8-9 US Coin Signature Auction - New York Session(2), 1168/Lot# 4235 $9,200.00
6/4/2014 NGC XF 45   Heritage Auctions 2014 June 4 - 8 US Coins Signature Auction - Long Beach Session(3), 1206/Lot# 4911 $12,337.50


NGC Registry

NGC Registry Score 1862 $20 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base86796410691181130317072087240137404347506654665747624870778428142041997928586415756140892027
89999911061221143718332191284739424586519955595914652475271035316129228483291548186716140
000000219128473942458651995559591465247527103531612922848329154818600
000000229632934144482653325653608168007977122781805425717372455479700
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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