The Liberty Head double eagle or Coronet double eagle ($20) coin.

Coronet Double Eagles are broken into three classifications. Class I was minted from 1850 through 1866. Class II originated in 1866 when the addition of the motto IN GOD WE TRUST was added above the eagle on the reverse. The motto was an appeal to the Almighty for national guidance and healing during the difficult Civil War era. In 1877, the reverse was modified by replacing the “D.“abbreviation with the full word “DOLLARS “, resulting in Class III double eagles. These were minted every year until 1907 when the Coronet twenty-dollar coin series was replaced by the Saint-Gaudens Double Eagle.

The reverse was patterned after the Great Seal of the United States, which had been an inspiration for U.S. coinage as far back as 1797. The face value denomination was indicated as “TWENTY D“.

An analogous Liberty head, designed by Christian Gobrecht, had already started being used in 1838 when the ten-dollar (eagle) coin was reintroduced; in 1839, she was represented on the five-dollar coin and, in 1840, on the two-and-a-half-dollar coin. Numismatists have named the Longacre twenty-dollar coin as the Coronet Double Eagle. It is often referred to as the Liberty Head type and it was minted from 1850

The $20 double eagle quickly became the preferred denomination for international transactions and bank deposit holdings. Thus, larger quantities of double eagle coins were minted than any other gold denomination.

More than 100 million Coronet Double Eagles were minted over a span of 58 years. Many dates are rather common today in lesser grades and experience price movements paralleling bullion market activity, and are popular for gold buyers seeking a hedge against inflation with some built-in collectible value.

The Liberty 20 dollars Specification.

DiameterWeightMintedFinenessDesigner
34.0 mm33.436 gm1849-1907.900 Gold/.100 CopperJames Longacre

Weight of gold = 33.44 x 900/1000 =30.1 grams of pure gold

AnnéeEXTREMELY FINE.
SUP : Superbe
UNCIRCULATED
BU: Brillant universel
1850 Liberty 20 dollars $3,200$5,500
1850 Liberty 20 dollars (O)$5,750$14,500
1851 Liberty 20 dollars $2,300$2,750
1851 Liberty 20 dollars (O)$4,250$7,000
1852Liberty 20 dollars $2,300$2,900
1852 Liberty 20 dollars (O)$4,500$7,500
1853 Liberty 20 dollars $2,250$2,750
1853Liberty 20 dollars (O)$4,500$10,500
1854 Liberty 20 dollars$2,250$2,850
1854 Liberty 20 dollars (O)$260,000$485,000
1854 Liberty 20 dollars (S)$4,000$8,500
1855 Liberty 20 dollars$2,350$3,000
1855 Liberty 20 dollars (O)$25,000$47,500
1855 Liberty 20 dollars (S)$2,250$3,000
1856 Liberty 20 dollars$2,250$3,000
1856 Liberty 20 dollars (O)$275,000$475,000
1856 Liberty 20 dollars (S)$2,250$2,850
1857 Liberty 20 dollars$2,250$3,250
1857 Liberty 20 dollars (O)$5,500$12,000
1857 Liberty 20 dollars (S)$2,250$2,850
1858 Liberty 20 dollars$2,250$3,000
1858 Liberty 20 dollars(O)$6,750$15,000
1858 Liberty 20 dollars (S)$2,500$3,000
1859 Liberty 20 dollars$4,000$8,000
1859 Liberty 20 dollars (O)$27,500$50,000
1859 Liberty 20 dollars (S)$2,400$3,000
1860 Liberty 20 dollars$2,250$2,850
1860 Liberty 20 dollars (O)$28,500$50,000
1860 Liberty 20 dollars (S)$2,250$3,000
1861 Liberty 20 dollars $2,250$2,850
1861 Liberty 20 dollars (O)$24,000$50,000
1861 Liberty 20 dollars (S)$2,250$3,250
1862 Liberty 20 dollars $5,750$12,000
1862 Liberty 20 dollars (S)$2,250$3,200
1863 Liberty 20 dollars $3,000$6,750
1863 Liberty 20 dollars (S)$2,250$3,000
1864 Liberty 20 dollars $2,500$6,500
1864 Liberty 20 dollars (S)$2,250$3,000
1865 Liberty 20 dollars $2,100$2,850
1865 Liberty 20 dollars (S)$2,100$2,850
1866 Liberty 20 dollars $1,725$2,500
1866 Liberty 20 dollars (S)$1,725$3,500
1867 Liberty 20 dollars $1,725$1,850
1867 Liberty 20 dollars (S)$1,725$2,250
1868 Liberty 20 dollars $2,000$3,000
1868 Liberty 20 dollars (S)$1,725$1,850
1869 Liberty 20 dollars$1,725$2,000
1869 Liberty 20 dollars (S)$1,725$1,775
1870 Liberty 20 dollars$1,725$2,500
1870 Liberty 20 dollars (CC)$275,000$325,000
1870 Liberty 20 dollars(S)$1,725$1,775
1871 Liberty 20 dollars$1,725$2,500
1871 Liberty 20 dollars (CC)$23,500$48,500
1871 Liberty 20 dollars (S)$1,650$1,700
1872 Liberty 20 dollars$1,650$1,700
1872 Liberty 20 dollars (CC)$5,000$11,000
1872 Liberty 20 dollars(S)$1,650$1,700
1873 Liberty 20 dollars$1,650$1,700
1873 Liberty 20 dollars (CC)$6,500$12,500
1873 Liberty 20 dollars (S)$1,650$1,675
1874 Liberty 20 dollars$1,650$1,675
1874 Liberty 20 dollars (CC)$3,500$5,500
1874 Liberty 20 dollars (S)$1,650$1,675
1875 Liberty 20 dollars$1,650$1,675
1875 Liberty 20 dollars (CC)$3,250$3,500
1875 Liberty 20 dollars (S)$1,650$1,675
1876 Liberty 20 dollars$1,650$1,675
1876 Liberty 20 dollars (CC)$3,000$4,000
1876 Liberty 20 dollars (S)$1,650$1,675
1877 Liberty 20 dollars$1,500$1,575
1877 Liberty 20 dollars (CC)$3,500$5,000
1877 Liberty 20 dollars (S)$1,500$1,575
1878 Liberty 20 dollars$1,500$1,575
1878 Liberty 20 dollars (CC)$5,000$9,500
1878 Liberty 20 dollars (S)$1,500$1,575
1879 Liberty 20 dollars$1,500$1,575
1879 Liberty 20 dollars (CC)$5,000$12,000
1879 Liberty 20 dollars (O)$18,500$37,500
1879 Liberty 20 dollars (S)$1,500$1,575
1880 Liberty 20 dollars$1,500$1,575
1880 Liberty 20 dollars (S)$1,500$1,575
1881 Liberty 20 dollars$25,000$40,000
1881 Liberty 20 dollars (S)$1,500$1,575
1882 Liberty 20 dollars$37,500$70,000
1882 Liberty 20 dollars (CC)$2,750$3,500
1882 Liberty 20 dollars (S)$1,500$1,575
1883 Liberty 20 dollars (CC)$2,500$4,000
1883 Liberty 20 dollars (S)$1,500$1,575
1884 Liberty 20 dollars (CC)$2,500$3,250
1884 Liberty 20 dollars (S)$1,500$1,575
1885 Liberty 20 dollars$15,000$25,000
1885 Liberty 20 dollars (CC)$5,000$12,500
1885 Liberty 20 dollars(S)$1,500$1,575
1886 Liberty 20 dollars (S)$37,500$60,000
1887 Liberty 20 dollars (S)$1,500$1,575
1888 Liberty 20 dollars$1,500$1,575
1888 Liberty 20 dollars (S)$1,500$1,575
1889 Liberty 20 dollars$1,500$1,575
1889 Liberty 20 dollars (CC)$2,500$4,000
1889 Liberty 20 dollars (S)$1,500$1,575
1890 Liberty 20 dollars$1,500$1,575
1890 Liberty 20 dollars (CC)$2,500$2,800
1890 Liberty 20 dollars (S)$1,500$1,575
1891 Liberty 20 dollars$13,500$22,500
1891 Liberty 20 dollars (CC)$10,000$16,500
1891 Liberty 20 dollars (S)$1,500$1,575
1892 Liberty 20 dollars$4,500$7,500
1892 Liberty 20 dollars (CC)$2,650$4,000
1892 Liberty 20 dollars (S)$1,475$1,485
1893 Liberty 20 dollars$1,475$1,485
1893 Liberty 20 dollars (CC)$3,500$4,500
1893 Liberty 20 dollars (S)$1,475$1,485
1894 Liberty 20 dollars$1,475$1,485
1894 Liberty 20 dollars (S)$1,475$1,485
1895 Liberty 20 dollars$1,475$1,485
1895 Liberty 20 dollars (S)$1,475$1,485
1896 Liberty 20 dollars$1,475$1,485
1896 Liberty 20 dollars (S)$1,475$1,485
1897 Liberty 20 dollars$1,475$1,485
1897 Liberty 20 dollars (S)$1,475$1,485
1898 Liberty 20 dollars$1,600$1,650
1898 Liberty 20 dollars (S)$1,475$1,485
1899 Liberty 20 dollars$1,475$1,485
1899 Liberty 20 dollars (S)$1,475$1,485
1900 Liberty 20 dollars$1,475$1,485
1900 Liberty 20 dollars (S)$1,475$1,485
1901 Liberty 20 dollars$1,475$1,485
1901 Liberty 20 dollars (S)$1,475$1,485
1902 Liberty 20 dollars$1,675$1,700
1902 Liberty 20 dollars (S)$1,475$1,485
1903 Liberty 20 dollars$1,675$1,700
1903 Liberty 20 dollars (S)$1,475$1,485
1904 Liberty 20 dollars$1,475$1,485
1904 Liberty 20 dollars (S)$1,475$1,485
1905 Liberty 20 dollars$1,675$1,700
1905 Liberty 20 dollars (S)$1,475$1,485
1906 Liberty 20 dollars$1,675$1,700
1906 Liberty 20 dollars (D)$1,475$1,485
1906 Liberty 20 dollars (S)$1,475$1,485
1907 Liberty 20 dollars$1,475$1,485
1907 Liberty 20 dollars (D)$1,475$1,485
1907 Liberty 20 dollars (S)$1,475$1,485

Source: Red Book

The story of the California gold rush is well known. A few nuggets found in a mountain stream in Coloma 40 miles from Sutter’s Mill in 1848 triggered a global movement towards the Californian gold fields. In the single year of 1849, over two hundred thousand people arrived to look for gold and was a major event in the settlement of the American West.
The gold produced by California distorted the world market for the metal. The price of silver increased in relation to that of gold so that it became profitable to smelt silver coins for the value of their metal content. Silver coins were rapidly disappearing so the minting of gold dollars was authorized in the Act 3rd March 1849. The authorization also permitted a larger coin to be minted, the gold twenty dollars or double eagle. The $20 double eagle was first designed by Mint Engraver James B. Longacre, his initial, L, appears at the cut of the bust.  The obverse featured Liberty facing left, wearing a small crown called a coronet, inscribed with the word LIBERTY and was surrounded by 13 stars. Longacre modeled Liberty from the ancient Roman sculpture, Crouching Venus.

By Alexandre Laurent

Alexandre Laurentl is working in the jewelry and investment gold since 2002. Alexandre graduated from The Normandy School of Business and from the University of Perpignan a Bachelor of economics in 1995.

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