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    1890 Liberty Head $20 Gold Coin

    The 1890 Liberty Head $20 Gold Coins were made at the Philadelphia, Carson City, and San Francisco mints. The San Francisco mint produced a little over 800,000 coins, a majority of that year’s issue. This comes as no surprise as gold coins were mainly used in the West and most pre-1933 gold coins were used during large transactions, most often banking related.

    For collectors, the fact that the Liberty Head $20 Gold Coin is no longer being produced means that now is the best time to acquire it. This is so because as time moves forward, there are only going to be fewer and fewer of these coins available for purchase.

    Grading the 1861 Liberty Head $20 Gold Coin

    Coins that are assigned a grade by a professional grading company are put through a rigorous grading process to verify their authenticity and metal content. Coins are also subjected to numerous visual inspections in order to make a determination on their overall condition. Even though the grading process follows some strict rules and guidelines, the coin’s final grade is the opinion of a team of expert coin graders. The better overall condition that the coin is in, the more valuable the coin may be. You can get a very good idea of how your coin might be graded by performing a close and thorough inspection of your coin’s details, finish, color and edges.

    Use the specifications below to determine how your Liberty Head $20 Gold Coin might be graded.

    Uncirculated: Uncirculated coins are coins in excellent overall condition. These coins will appear as if they were just minted today. The coin’s images, text and other details will have clean and clear lines, and the coin will have retained its original texture. Many coins in this condition will also have largely retained their original color and finish, while some may have very slight differences in color or finish. You can simply use a magnifying glass to examine your coin’s details. Using a magnifying glass will enable you to see if the details remain clear and crisp, or if any wear has taken place.

    Extremely Fine: Coins that are extremely fine are also in excellent overall condition. This grade is one below uncirculated, and coins in this condition will have few imperfections. The coin may have very small blemishes on the images or text, while the color or finish may appear slightly off. Even though these coins are a little farther from perfect condition, they are still quite stunning and look almost new.

    Fine: Coins that are assigned a grade of fine are another step down the grading scale, and may exhibit more wear and tear. The coin’s details may have noticeable signs of damage or erosion, and the coin’s color and finish may even appear to be dull.

    Good: Coins assigned a grade of good are even further down the grading scale. Coins in this condition may have very significant surface damage to the images, text or edges. Sometimes this damage can make it impossible to make out the coin’s details or even identify the coin without a visual aid. While coins in good condition may be very worn or eroded, they can still be very valuable if they are scarce or certain types of coins.

    Pricing the 1890 Liberty Head $20 Gold Coin

    When it comes to determining a price for the Liberty Head $20 Gold Coin, it is important that you pay attention to two factors. For one, because collectors care so much about the coin’s condition it only follows that those well-preserved pieces sell for the highest prices. Secondly, because multiple types of coins were minted every year, the exact type of coin you have also plays into the asking price. Listed below is a chart aimed at giving you a better idea of what you can expect to pay for an 1890 Liberty Head $20 Gold Coin given its condition and type.

    Liberty Head $20 Gold Coin

    1890 Liberty Head $20 Gold Coin N/A N/A $1,500 $1,575
    1890 Liberty Head $20 Gold Coin (CC) N/A N/A $2,500 $2,800
    1890 Liberty Head $20 Gold Coin (S) N/A N/A $1,500 $1,575
    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.