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    1906 Liberty Head $20 Gold Coin

    The 1906 Liberty Head $20 Gold Coin struck 2.7 million coins, however as is the case with all coins in this series, far few amount survive today. As with virtually all pre-1933 United States gold coins, this is due to the fact that many gold coins have been melted over the years. Designed by James B. Longacre, 1906 would mark the first year that the Denver mint struck Liberty Head $20 Gold Coins and the last full year that Liberty Head $20 coins were produced.

    As time moves forward, fewer and fewer of these coins will be available for purchase. Because of that, now is the perfect time to get your hands on Liberty Head $20 Gold Coin.

    Grading the 1906 Liberty Head $20 Gold Coin

    For coins that are well over 100 years old, collectors are always going to take note of the condition the coin is in. This is why, before ever making a purchase, you will see collectors carefully analyze the condition a coin is in, looking for any and all imperfections. Because these coins were minted and circulated so long ago, the time they have had to become damaged is quite elongated.

    For most, the best way to have the condition of a coin assessed is to send said coin away for grading. Understanding that professional grading is something that costs a good bit of money, we have provided below an outline of the basic coin grades as well as their related characteristics.

    Uncirculated: For coins, the Uncirculated grade is the best of the best. This grade indicates that the coin in question spent almost no time at all being circulated. Instead, they were kept in a safe place throughout the entirety of their existence. In the eyes of collectors, these are by far the most desirable pieces.

    Extremely Fine: A coin determined to be of Extremely Fine grade is one that spent only a short period of time being circulated. These coins will have some signs of wear and tear, but these will most often be small and only able to be viewed under close inspection. All in all, Extremely Fine Liberty Head $20 Gold Coins are in great condition.

    Fine: Fine is a grade given to coins that have been circulated for extended periods of time but have somehow managed to avoid much of the damage typically associated with coins that have been exchanged for long periods of time. The damage you will find on these coins most often ranges from small scratching to the wearing down of the coin’s textured surfaces.

    Good: Good is the lowest grade a coin can receive and is often indicative of a piece that was never taken out of circulation. Having been exchanged hundreds of thousands of times, these Liberty Head $20 Gold Coins have definitely seen their better days.

    Pricing the 1906 Liberty Head $20 Gold Coin

    When it comes down to it, pricing out Liberty Head $20 Gold Coin is nothing too difficult to do. First, the condition of the coin means everything, so the better condition the coin is in the higher the price it will sell for. Secondly, because there were multiple types of these coins minted every year, the type of coin you own also plays a pivotal role in determining price. Below you will find a chart aimed at giving you a better idea of what you might have to pay for a 1906 Liberty Head $20 Gold Coin given its condition and type.

    Liberty Head $20 Gold Coin

    DATE GOOD FINE EXTREMELY FINE UNCIRCULATED
    1906 Liberty Head $20 Gold Coin N/A N/A $1,675 $1,700
    1906 Liberty Head $20 Gold Coin (D) N/A N/A $1,475 $1,485
    1906 Liberty Head $20 Gold Coin (S) N/A N/A $1,475 $1,485
    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.