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: $1195.93 (9/17/2014)
Numismatic specification data provided by Krause Publications NumisMaster.
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1862 $20 MS obverse 1862 $20 MS reverse


  
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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: 9/12/2014

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

1862 $20 MS
  GVGFVF4045505355586061626364656667686970
Base $ 2250 2500 2750 5000 13750 13750 15750 18000 24000 33500 40000 46000 62500 87500 140000 - - - - - -
$ - - - - - - - - - - - - - -
NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

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.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/3/1995 PCGS AU 50   Heritage Auctions February 1995 Long Beach Bullet Sale #129, 129/Lot# 921 $1,760.00
8/29/2005 NGC XF 45   Teletrade Auction 2085, 2085/Lot# 2708 $3,920.00
5/25/2008 NGC AU 50   Goldberg May 25-27, 2008 Pre-Long Beach Coin and Currency Auction, 47/Lot# 4761 $5,520.00
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
12/5/2013 NGC AU 55   Heritage Auctions 2013 December 5 - 8 US Coins Signature Auction - Houston Session(2), 1192/Lot# 3891 $17,625.00
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
 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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