History, Information, and Value of 1862 Gold Liberty Double Eagle
Value of 1862 $20 Gold Coin
The 1862 $20 double eagle often displays a softness to the majority of Libertys hair elements on the obverse, though the reverse remains moderately sharp. The natural luster is generally frosty, with prooflike reflectivity evident on some higher grade examples. Fewer than 200 pieces survive from this low-mintage issue out of Philadelphia, the majority of which can be found in VF and EF grades. It becomes very scarce in AU, at which level just about three dozen coins are thought to exist. An estimated 20 to 30 Mint State coins are known, the finest of these being a single MS-64 certified by NGC. About a third of the original Proof mintage of 35 pieces is thought to remain, with a Proof-65+ Deep Cameo (PCGS) from the Loewinger Collection ranking as the finest known.