The 1907 Liberty Head $20 Gold Coin marked the end of a series that began almost 60 years earlier. Designed by James B. Longacre, the 1907 gold coin was made in Philadelphia, Denver and San Francisco mints. Although more than 4.4 million 1907 Liberty Head $20 Gold Coins were made, many were melted in the years since. Therefore, 1907 Liberty Head double eagles should be considered as scarce, which all pre-1933 gold coins certainly are.
Production of the 1907 Liberty Head $20 Gold Coin came to an end and the Saint-Gaudens $20 Gold Coin would debut. As a series, Liberty Head $20 Gold Coins provide many challenges to gold coin enthusiasts and, as they span six decades, are among the longest-running gold coin series the United States ever struck.
For coins that are as old as the 1907 Liberty Head $20 Gold Coin, the condition of the coin means everything to collectors. For this reason, you will see collectors carefully analyze every aspect of a coin looking to spot even the smallest signs of wear and tear. Having been on the open market for any number of decades, these coins have had ample opportunities to become damaged.
For most people, the best option is to have these coins sent away for grading at the hands of a professional company. This is not an option for everyone, and knowing this we have provided a listing of the different coin grades below.
Uncirculated: A coin that is graded as being Uncirculated is one that spent almost no time exchanging hands. Thanks to their being kept in a safe place, these coins will have avoided any and all damage. As such, these coins will look more like coins that have just been minted rather than coins that are more than a century old.
Extremely Fine: A coin that is graded as being Extremely Fine is one that has spent a good bit of time in circulation, but has avoided almost all damage. Under close inspection, you will notice some light wear and tear, but not so much that the aesthetic qualities of the coin are detracted from. For collectors, these coins are great because they are affordable and still in great shape.
Fine: A coin that is determined to be of Fine grade is one that has spent a good bit of time being circulated and has also incurred a bit of damage. In most cases, the damage you find on the surfaces of the coin will typically come in the form of surface wear such that the coin’s faces will feel smooth to the touch.
Good: Good is the grade given to coins that have been circulated for extended periods of time and have been heavily damaged during that time. You will notice that the surfaces of the coin will have been completely smoothed such that the imagery and inscriptions may no longer be able to be made out with the naked eye. Though affordable, these pieces are generally in pretty poor shape.
If you would like to determine an accurate price for the Liberty Head $20 Gold Coin, you must first assess the condition of the coin. In addition to that, by paying attention to the type of coin you own you will be able to tell just how rare the coin you have is. Listed below is a chart aimed at giving you a better idea of what you might be asked to pay for a 1907 Liberty Head $20 Gold Coin given its condition and type.
Liberty Head $20 Gold Coin
|1907 Liberty Head $20 Gold Coin||N/A||N/A||$1,475||$1,485|
|1907 Liberty Head $20 Gold Coin (D)||N/A||N/A||$1,475||$1,485|
|1907 Liberty Head $20 Gold Coin (S)||N/A||N/A||$1,475||$1,485||Source: Red Book|