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: $1098.79 (9/1/2015)
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1862 $20 MS obverse 1862 $20 MS reverse


  
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VarietyPlus®

There are no NGC 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: 7/16/2015

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

1862 $20 MS
  GVGFVFXF5053555861626364656667686970
Base $ 2250 2500 2850 5500 13250 16000 20000 25000 33500 57500 74000 95000 140000 - - - - - -
$ - - - - - - - - - - - - -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Census

 
NGC GRADE SUMMARY

Total Graded: 94
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
8/29/2005 NGC XF 45   Teletrade Auction 2085, 2085/Lot# 2708 $3,920.00
10/24/2006 NGC AU 58   Heritage Auctions 2006 October Dallas Signature Coin Auction #428, 428/Lot# 3206 $12,650.00
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
2/28/2012 PCGS XF 40   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 7823 $7,475.00
6/15/2014 NGC AU 55   GreatCollections GreatCollections Coin Auctions 06/15/2014, 196/Lot# 196841 $20,027.70


NGC Registry

NGC Registry Score 1862 $20 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base21242614275429363984579259396248682074318293904610074109971197013606142041997928586415756140892027
2287266128153285458758416042643970247718854493891038211321125151380516129228483291648186716140
000000604264397024771885449389103821132112515138051612922848329164818600
000000614566297227800687959731106891164613061140051805425717372455479700
Registry Image Gallery
Grade: AU 53
Points: 6820
Owner: Gazooty
 
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