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1900-S Liberty Head Gold Double Eagle MS62

$20 Gold Double Eagle

$2,995.00
In stock
Product Code
C10381
Related Item IDs
More Information
Denomination Double Eagles
Series Liberty Head
Composition Gold
Year 1900
Mint San Francisco (S)
Grade Mint State
Mint State Score MS 62
Designation Condition Rarity
Certification PCGS, NGC

1900-S Liberty Head Gold Double Eagle MS62

Description

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 San Francisco Mint in 1900 and is graded Mint State 62 condition. Although the total mintage of this year is 2,459,500, it is unknown how many of these coins still exist due to the passing of Executive Order 6102. This order sought to revive the American economy by recalling circulating gold to be melted down. It is because of this order that gold coins of this era, such as the Liberty Head Double Eagle, are so rare. Out of all 1900-S Liberty Heads, significantly less than 1% have been graded in MS62 condition, making this example a Condition Rarity.

The Liberty Head Gold Double Eagle, designed by James B. Longacre, was the first Double Eagle, or twenty dollar denomination coin, minted in the United States. The reasoning behind creating a new twenty dollar coin composed of 90% gold was due to the California Gold Rush, which introduced massive amounts of gold into the economy.