In 1895 about 2.2 million Liberty Head $20 Gold Coins were produced, making these $20 gold coins among the more common 19th century gold coins minted. Throughout most of the 1890’s, only the Philadelphia and San Francisco mints handled production of the Liberty Head $20 Gold Coins in 1895, yet both mints each managed to produce more than 1 million gold coins.
The challenge with these coins, however, is the fact that they are so aged, very few pieces have survived the years in excellent condition. Because fewer well-preserved pieces exist every year, finding a 1895 Liberty Head $20 Gold Coin in excellent condition is only going to grow ever more challenging.
For coin that are as old as the 1895 Liberty Head $20 Gold Coin the condition that the coin is in is never guaranteed. You see, because these pieces were often circulated for decades at a time, some may be in incredibly poor condition, while others may be well-preserved. It is the goal of every collector to determine whether a coin is worth adding to a collection or not, and they will do this by assessing the condition.
Normally, a coin-grading company is the best way by which you can certify the condition of a coin. Understanding that not everyone has the time and money to send a coin away for grading, we have provided below an outline of the popular coin grades as well as their characteristics.
Uncirculated: A coin graded as being Uncirculated is one that spent no time at all on the open exchange market. Instead, these coins were immediately placed into safekeeping shortly after being minted; this is why the coin appears as though it is in perfect shape. Though generally attractive, these coins are almost always some of the most expensive.
Extremely Fine: A coin graded as being Extremely Fine is one that spent only a short period of time being exchanged. These coins will appear to be pristine, but under close inspection you will be able to make out minor signs of wear. In general, these pieces are still considered to be great additions to any collection.
Fine: If a coin is determined to be of Fine grade, this means that the piece in question was circulated for a period of time and damaged to some extent. Realistically, the damage you will find on these coins is not severe, but you will notice a wearing down of the coin’s texture as well as some consistent light scratching.
Good: Good is the lowest grade a coin can receive and is usually used for coins that have been very heavily circulated and damaged. The surfaces of these pieces will be smooth to the touch and the imagery and inscriptions may be worn away to a good extent.
Determining a price for the Liberty Head $20 Gold Coin is no major feat so long as you take a few different factors into consideration. For one, there were multiple types of the Liberty Head $20 Gold Coin minted every year and the specific type of coin you possess will play into the asking price. Secondly, collectors care so much about the condition of the coin that this also plays into the asking price. Below is a chart aimed at giving you a better idea of what to expect to pay for an 1895 Liberty Head $20 Gold Coin given its condition and type.
Liberty Head $20 Gold Coin
|1895 Liberty Head $20 Gold Coin||N/A||N/A||$1,475||$1,485|
|1895 Liberty Head $20 Gold Coin (S)||N/A||N/A||$1,475||$1,485||Source: Red Book|