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: $1054.19 (7/30/2015)
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: 91
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
8/16/2015 AU 58   Heritage Auctions 2015 August 12 - 16 ANA US Coins Signature Auction - Chicago Session(2), 1223/Lot# 4462


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
5/25/2008 NGC AU 50   Goldberg May 25-27, 2008 Pre-Long Beach Coin and Currency Auction, 47/Lot# 4761 $5,520.00
9/25/2013 NGC AU 58   Heritage Auctions 2013 September 25 - 29 US Coins Signature Auction - Long Beach Session(6), 1189/Lot# 6864 $25,850.00
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
6/15/2014 NGC AU 55   GreatCollections GreatCollections Coin Auctions 06/15/2014, 196/Lot# 196841 $20,027.70
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 53
Points: 3740
Owner: Gazooty
 
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