Value of 1850 $20 Gold Coin

Value of 1850 $20 Gold Coin

The 1850 $20 double eagle minted in Philadelphia is the first year of issue and as such, is generally in high demand. The design is nearly identical to the 1849 pattern coin. Usually very well struck, the 1850 typically has frosty or partially prooflike surfaces. In circulated grades up through Extremely Fine, examples are readily available, becoming considerably scarce in Choice AU condition. Mint State pieces, however, are rare, with fewer than a dozen Choice examples known. Just two Gems exist, one of which is in the collection of the American Numismatic Society. Possibly two or three proof specimens were struck, with one confirmed example in the collection of the Bibliothque Nationale de France in Paris.