Coin Specifications

Category: Liberty Head $20 (1850-1907)
Mint: Philadelphia
Mintage: 50
Catalog: KM-74.2
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 33.4360g
AGW: 0.9675oz
Melt Value: $1090.86 (8/27/2015)
Diameter: 34mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1867 $20 PF obverse 1867 $20 PF reverse


Images courtesy of Heritage Auctions (HA.com)
  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

In the years following the Civil War coin collecting in the United States was a small but growing pastime that was almost exclusively limited to a small network of dealers and collectors in the Northeast. Collectors in 1867 were most likely to be pursuing early coppers such as Colonials, half cents, or large cents. Indeed, only a handful of these fledgling numismatists were inclined to purchase and had the financial means to acquire annual proof sets that extended beyond the current minor coinage. The few sets of proof gold coinage that were obtained from the Mint during this time period were often broken up and sold individually in the following decades, or during downturns in the economy were used as circulating medium when their owner could no longer afford to hold aside the large face value that gold coins represented. Today, many of these pieces are virtually indistinguishable from their circulation counterparts. In fact, debate over whether a circulated Philadelphia gold coin is a business strike or a proof is a fairly regular occurrence in these offices.

Only 50 proof double eagles were produced in 1867, half of which were delivered on March 5 and the other 25 pieces on July 2. The number of survivors is believed to number no more than a dozen coins. Akers suggests that many of the 50 pieces struck went unsold at year's end and were subsequently melted. As with all other double eagles of this period, 1867 proof twenties are exceedingly rare, and the splendid preservation of this specimen along with its impeccable pedigree place it in a category all its own.

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.

1867 $20 PF
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 45000 55000 70000 145000 260000 - - - - -
1867 $20 PF Cameo
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - 50000 - - - 300000 - - - - -
$ - - - - - - - - - - - - -
1867 $20 PF Ultra Cameo
  GVGFVFXF5053555861626364656667686970
Base $ - - - - - - - - - - - - 175000 335000 - - - - -
$ - - - - - - - - - - - - -

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: 4
Low Grade: 64
Average Grade: 65
High Grade: 66


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
8/7/2000 NGC PF 65   Heritage Auctions Philadelphia 2000 #232, 232/Lot# 7574 $86,250.00
1/5/2011 NGC PF 65   Cameo Heritage Auctions 2011 January Tampa FUN Signature & Platinum Night US Coin Auction Session(3), 1151/Lot# 5280 $276,000.00
8/6/2014 PCGS PF 64   Cameo Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 13259 $129,250.00
8/5/2014 PCGS PF 61   Cameo Heritage Auctions 2014 August 5, 7 & 9 ANA US Coins Signature Auction - Chicago Session(4), 1208/Lot# 5743 $38,187.50
1/7/2015 PCGS PF 64   Cameo Heritage Auctions 2015 January 7 - 12 FUN US Coins Signature Auction - Orlando Session(2), 1216/Lot# 4402 $129,250.00


NGC Registry

NGC Registry Score 1867 $20 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base21242585286030093149398448885367640074318200868692349918107881376216553185051920921965280231
227826772910305634274285504857116744768783628869946210208117791469217204187402012823984280230
00000050485711674476878362886994621020811779146921720418740201282398400
00000052076056708779448524905196901049812771156231785418974210462600400
1867 $20 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base22332710299431493294415750895582664477048494899295881025511147141921729619039203912602411
23922805304631973582446852535936699779678660919198101055212162152271787719490222692602410
00000052535936699779678660919198101055212162152271787719490222692602400
000000541862907351823188269389100331085013177162611845819940241462602400
1867 $20 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base238528853183334534964396536758796982808288999415999710721116431461917886197741111
2552298432373395379647205538624773498354907196091023811028126351570818515197741110
0000005538624773498354907196091023811028126351570818515197741100
0000005708661477158627924398031048011336136271679719145197741100
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