Random Date 1850-1907 Liberty $20 Gold Double Eagle PCGS MS62
Random Date 1850-1907 Liberty $20 Gold Double Eagle PCGS MS62
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Random Date 1850-1907 Liberty $20 Gold Double Eagle PCGS MS62
Regular price
$639.00
Regular price
$639.00
Sale price
Unit price
/
per
A result of the California gold rush, the gold $20 Liberty Eagle coin is by far the largest circulating gold coin in American history. Since the U.S. Treasury was receiving so much gold from California, they needed to mint larger coins to use the metals they had on hand, which Congress authorized in 1849. The Liberty Eagle ranges in dates from 1850-1907 and contain .9657 troy ounces of gold. The Liberty Head design was the work of Chief Mint Engraver James Barton Longacre and it is found in three distinct types. The Type 1 (No Motto) was minted 18501866, with many high-grade examples coming from San Francisco Mint specimens that were lost in shipwrecks for over 100 years. Thousands, for example, sunk with the SS Central America, a ship loaded with more than two tons of gold dust, nuggets, coins, and ingots from the California Gold Rush. The loss of Central Americas treasure was so severe that it set off the Panic of 1857. Over a century later, treasure hunters recovered the precious cargo, including thousands of beautiful, glittering Type 1 double eagles. The Type 2 double eagle, minted 18661876, was the first double eagle to bear the words In God We Trust. The addition required slight modifications to the design, and in that process, small changes were also made to the eagle and shield. Type 2 double eagles are primarily sought by type collectors, with mint-condition Carson City double eagles being a standout rarity. The Type 3 double eagle was minted 18771907 and features alterations to the In God We Trust motto and the Liberty Head, as well as a lengthening of Twenty D. to Twenty Dollars. In 1891, gold was discovered in Cripple Creek, Colorado, and the Denver Mint was established. About 12 Type 3 double eagle proofs were struck there, and one sold in 2010 for over half a million dollars.. LCR Coin only sells NGC and PCGS Certified coins. PCGS and NGC are the top two most respected coin grading services in the United States. Serious collectors only add NGC and PCGS graded coins to their collection because these coins will retain their value and appreciate over time. Shop with confidence knowing when you buy from LCR Coin you are buying the best examples in the market and will always receive FREE Insured Shipping on all orders. *The coin pictured is only a representation of the coin you will receive, not the exact coin (serial numbers will vary). You are buying the coin type, the grade and the service (PCGS or NGC) as pictured.
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