Please note this is a PRESALE item and is expected to ship on or around March 8th, 2024.
ALL orders containing this product will be held from shipping until at least March 8th, 2024.
This ship date may vary slightly as it is wholly dependent upon the mint meeting their production schedule.
In the 1870s, the United States was emerging from a long period of trauma and economic depression. The US Civil War concluded in 1865 and the Reconstruction Era, a time of rebuilding across the American South, had ended by 1878. In this era of American history, the $20 Liberty Gold Double Eagle Coin was a staple of international trade for the United States. Right now, 1878-S $20 Liberty Gold Double Eagle Coins are available for purchase online at JM Bullion.
- Arrives in a protective plastic flip!
- Struck in 1878 by the San Francisco Mint!
- Total mintage of 1.739 million coins at San Francisco!
- Type III designs!
- Extremely-Fine condition!
- Contains .9675 Troy oz of actual gold content.
- Bears a face value of $20 (USD) backed by the federal government.
- Obverse features Lady Liberty.
- Reverse includes the heraldic eagle design.
- S mint mark.
Each of the 1878-S $20 Liberty Gold Double Eagle Coins offered here comes in protective plastic flips. Coins in this condition have light wear on the high points of the design only. Some specimens may show traces of the original mint luster.
In the 1870s, the United States suffered through a period of economic depression known as The Long Depression. This prolonged period of depressed economic activity was characterized by deflation, falling wages, and high unemployment. A key factor in the depression was the currency and monetary policy of the nation in the 1870s.
The debate over the country’s monetary system was a prominent issue during The Long Depression. The Coinage Act of 1873, often referred to as the “Crime of ’73,” demonetized silver, tying the United States to the gold standard. This decision had significant implications for farmers and others who preferred a bimetallic (gold and silver) monetary system, contributing to discontent in rural areas.
In the obverse design of 1878-S $20 Liberty Gold Double Eagle Coins, you will find the left-profile bust of Liberty. Designed in 1849 by James B. Longacre, this portrait shows Liberty with a coronet crown in her hair and a ring of 13 stars around the edge of the field.
For the reverse side of 1878-S Liberty Gold Double Eagles, Longacre features the image of the heraldic eagle. This ornate version is known as the Great Seal of the United States and shows the eagle with the US national shield, arrows of war, and the olive branch of peace. A ring of 13 stars features over the eagle’s head. As a Type III issue, this coin features the national motto (added in 1866) and a face value noted as TWENTY DOLLARS (changed in 1877).
If you have any questions about Pre-33 Gold Coins, please ask. JM Bullion customer service is available at 800-276-6508, online using our web chat, and via our email address.