History, Information, and Value of 1864 Gold Liberty Double Eagle
Value of 1864 $20 Gold Coin
The quality of strike varies greatly across examples the 1864 $20 double eagle, ranging from razor-sharp to exhibiting some minor softness. While the luster is above average for the type, the surfaces are usually plagued by heavy abrasions and the eye appeal is poor. Original and handsome examples of these Philadelphia mint coins are very desirable in todays market. Examples are scarce in all conditions, with the majority of pieces falling into EF and lower AU grades. Doug Winter notes that 17 of the coins recovered from the wreck of the SS Republic were Uncirculated, bringing the total Mint State population up to 25-35 coins in total, the finest coin being an MS-65 certified by PCGS. Just about a dozen Proof examples are thought to remain for todays collectors.