Coin Specifications

Category: Liberty Head $20 (1850-1907)
Mint: Philadelphia
Mintage: 92,133
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 33.4400g
AGW: 0.9675oz
Melt Value: $1225.15 (5/30/2017)
Diameter: 34mm
Edge: Reeded
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1862 $20 MS obverse 1862 $20 MS reverse

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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.


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Price Guide

Last Updated: 11/23/2016

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

1862 $20 MS
Base $ 2250 2500 2850 5500 11000 16000 19000 23000 36650 40000 47500 65000 80000 140000 - - - - - -
$ - - - - - - - - - - - - - -

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Total Graded: 95
Low Grade: VF
Average Grade: 53
High Grade: 64

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
11/7/2003 PCGS AU 50   Heritage Auctions 2003 November Signature Sale #334, 334/Lot# 7818 $4,025.00
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
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
1/9/2013 NGC XF 40   Heritage Auctions 2013 January 9-13 US Coin FUN Signature Auction - Orlando Session(6), 1181/Lot# 7491 $11,162.50
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
8/12/2015 NGC AU 58   Heritage Auctions 2015 August 12 - 16 ANA US Coins Signature Auction - Chicago Session(2), 1223/Lot# 4462 $28,200.00

NGC Registry

NGC Registry Score 1862 $20 MS
Registry Image Gallery
Grade: AU 53
Points: 6820
Owner: Gazooty
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