1899 $20 U.S. GOLD LIBERTY PCGS63

$3,234.62

U.S. GOLD

SKU: 20LIB1899P63 Categories: , , Tag:

Description

1899 $20 U.S. Gold Liberty PCGS MS63

The 1899 $20 U.S. Gold Liberty is a historic gold coin, part of the Liberty Head Double Eagle series minted by the United States from 1849 to 1907. Graded MS63 by the Professional Coin Grading Service (PCGS), this coin represents a high-quality example from a pivotal era in American coinage. Below are the key features and details of this specific coin:

General Information

Composition and Weight: The coin is composed of 90% gold and 10% copper, weighing 33.436 grams, with a gold content of 0.9675 troy ounces. The alloy of copper gives the coin added durability, which was essential for circulation.

Minting Location: While the 1899 Double Eagle was struck at multiple U.S. Mint facilities, the mintmark on the coin (or lack thereof) indicates the specific location. Philadelphia-minted coins lack a mintmark, while those from San Francisco (S) and New Orleans (O) do.

Legal Tender: The coin carries a face value of $20, though its true value is determined by its gold content, rarity, and collector demand.

Design

  • Obverse: The obverse features the classic profile of Lady Liberty facing left, adorned with a coronet inscribed with the word “LIBERTY.” The design, by James B. Longacre, also includes 13 stars surrounding Liberty, representing the original colonies, and the date “1899” below.
  • Reverse: The reverse design, also by Longacre, showcases a heraldic eagle with a shield on its chest, clutching an olive branch and arrows in its talons. Above the eagle, a banner displays the national motto “IN GOD WE TRUST.” The reverse is further inscribed with “UNITED STATES OF AMERICA” and “TWENTY DOLLARS.”

Unique Features

Mint State 63 (MS63): Graded MS63 by PCGS, this coin is in uncirculated condition with only minor imperfections. It offers a strong strike, good luster, and eye appeal, making it a desirable piece for collectors.

Historical Significance: The Liberty Head Double Eagle series is emblematic of the economic expansion of the United States during the late 19th century, particularly the gold rush era. The 1899 issue is part of this legacy.

Collectibility

PCGS Certification: The MS63 grade from PCGS confirms the coin’s authenticity and condition, providing confidence to collectors and investors. Coins in this grade are considered high-quality, with only slight marks or abrasions.

Scarcity and Demand: While not the rarest date in the series, the 1899 $20 Gold Liberty is still highly sought after, particularly in mint state condition. Its age and historical context add to its appeal.

Investment Potential

Gold Content: With nearly one troy ounce of gold, the coin’s value is closely tied to the market price of gold, making it a solid investment in precious metals.

Grade and Condition: As an MS63 coin, it strikes a balance between quality and affordability, often commanding a premium over lower-grade examples.

Preservation and Storage

Protection: The coin should remain in its PCGS holder to protect its condition and preserve its market value. The holder also provides a guarantee of the coinā€™s grade and authenticity.

Handling: Minimal handling is recommended to prevent any potential damage, even though the PCGS slab offers substantial protection.

The 1899 $20 U.S. Gold Liberty PCGS MS63 is a distinguished piece of American numismatic history. Its solid gold content, attractive design, and certified mint state condition make it a valuable addition to any collection or investment portfolio.

Additional information

weight

0.96750 oz