Coin Specifications

Category: Liberty Head $20 (1850-1907)
Mint: Philadelphia
Mintage: 92,133
Catalog: KM-A74.1
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 33.44g
AGW: 0.9675oz
Melt Value: $1287.26 (8/26/2016)
Diameter: 34mm
Edge: Reeded
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: 7/11/2016

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

1862 $20 MS
  GVGFVFXF505355586061626364656667686970
Base $ 2250 2500 2850 5500 14000 16000 21000 24500 34500 40000 47500 67500 95000 140000 - - - - - -
$ - - - - - - - - - - - - - -

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Census

 
NGC GRADE SUMMARY

Total Graded: 101
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
5/25/2008 NGC AU 50   Goldberg May 25-27, 2008 Pre-Long Beach Coin and Currency Auction, 47/Lot# 4761 $5,520.00
1/8/2014 NGC AU 58   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(3), 1201/Lot# 5529 $31,725.00
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
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
 PrAgGVGFVF4045505355586061626364656667686970
Base21242614275429363984579259396248682074318293904610074109971197013606142041997928586415756140892027
2287266128153285458758416042643970247718854493891038211321125151380516129228483291648186716140
000000604264397024771885449389103821132112515138051612922848329164818600
000000614566297227800687959731106891164613061140051805425717372455479700
Registry Image Gallery
Grade: AU 53
Points: 6820
Owner: Gazooty
 
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