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    1875 Liberty Head $20 Gold Coin

    The 1875 Liberty Head $20 Gold Coins are rather common, more than 1.6 million were minted that year and a good amount of that date survive to this day. San Francisco minted most of the 1875 Liberty Head $20 Gold Coins, with Philadelphia and Carson City facilities minting smaller amounts.
    While gold coins were mainly used in the West, they did see moderate degrees of circulation in the cities along the eastern seaboard. Keep in mind, however, that $20 was a lot of money in the 1870s, and as such these coins were mainly used during large transactions, most often banking related.

    The 1875 Liberty Head $20 Gold Coins weigh 33.44 grams and contain 0.9613 ounces of gold. They’re also 34 millimeters wide, which places their diameter about halfway between the widths of a modern-day half dollar and silver dollar.

    Grading the 1875 Liberty Head $20 Gold Coin

    For collectors, the goal always is to add only the most well-preserved pieces to collections. Everyone strives to have the most attractive collection, but with Liberty Head $20 Gold Coin, this is not so easy to accomplish. The reason for this is due to the fact that these coins are so old and have had ample opportunity to become worn and damaged.

    Normally, a person who would like to have the condition of their coins judged would send the coin away for grading by a professional organization. Understanding that not everyone has the time or money to do this, we have elaborated on the most popular coin grades below.

    Uncirculated: A coin that is in uncirculated condition will display no signs of use or wear. Despite the coin’s age, it will look as if it was minted today. The coin’s details will not show any signs of damage or imperfections. The lines and details will be clear and crisp. The coin’s color and finish, however, may take on a slightly different appearance. You can check your coin by using a magnifying glass to closely inspect detail. This close examination will allow you to see if the details remain robust or if there has been damage or fading.

    Extremely Fine: A step below the uncirculated grade, a coin in extremely fine condition will likely exhibit some very minor wear or damage. The coin may feel smoother to the touch, and the coin’s details may look as if they have eroded slightly over the years. There may be very minor damage to intricate details, although this may not be seen by the naked eye. Nevertheless, a coin in this condition remains a beautiful sight and is considered to be in near-perfect condition.

    Fine: A coin in fine condition has very noticeable signs of age and wear that can oftentimes be easily identified. The coin’s images or text may appear worn down or scratched, and the coin’s finish may look duller.

    Good: A coin in good condition may have enough damage to make it difficult to determine the type of coin, the minting year and other details. The coin’s color and finish may also appear extremely worn down or discolored. Although coins in good condition have damage, they may still be quite valuable depending on coin type, mintage and other factors.

    Pricing the 1875 Liberty Head $20 Gold Coin

    As far as determining a price for the 1875 Liberty Head $20 Gold Coin is concerned, there are a few factors that you must look at. For one, there were multiple types of the Dollar minted every year, and this means that the price will vary from type to type. Secondly, the condition of the coin means everything to collectors and is something that will also play heavily into the coin’s asking price. Below is a chart aimed at giving you a better idea of what you can expect to pay for a 1875 Liberty Head $20 Gold Coin given its condition and type.

    Liberty Head $20 Gold Coin

    DATE GOOD FINE EXTREMELY FINE UNCIRCULATED
    1875 Liberty Head $20 Gold Coin N/A N/A $1,650 $1,675
    1875 Liberty Head $20 Gold Coin (CC) N/A N/A $3,250 $3,500
    1875 Liberty Head $20 Gold Coin (S) N/A N/A $1,650 $1,675
    Source: Red Book

    All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.