1893-P Liberty Head Gold Double Eagle MS62
$20 Gold Double Eagle
Denomination | Double Eagles |
---|---|
Series | Liberty Head |
Composition | Gold |
Year | 1893 |
Mint | Philadelphia (P) |
Grade | Mint State |
Mint State Score | MS 62 |
Designation | Absolute Rarity, Condition Rarity |
Certification | PCGS, NGC |
The Twenty Dollar Liberty Head Gold Double Eagle, designed by James B. Longacre, was minted from 1850 to 1907. This example was struck at the Philadelphia Mint in 1893 and is graded Mint State 62. This 1893-P Liberty Head Gold Double Eagle is of the Type 3 variety and has a miniscule mintage of 344,280. Out of all 1893-P Liberty Head Double Eagles struck, only about 2% have been graded in MS62 condition. With such a low mintage and population, this example is a tremendous Absolute and Condition Rarity.
Coins like this 1893-P Liberty Head Gold Double Eagle became increasingly rarer as a result of President Franklin D. Roosevelt signing Executive Order 6102 in 1933. This order sought to revive the American economy by recalling circulating American gold coins to be melted down.