Liberty $20 Gold Coin (1850-1907)
Produced for more than 50 years, the $20 Liberty gold coin is one that had an extremely high face value for its day. At the time, the coin’s face value more closely coincided with the spot price of gold, but now the inherent value of these coins in gold is far greater than ever before. If you combine this with the fact that these are not the easiest coins to acquire than you have yourself a great collector’s item. Nowadays, collectors from all over the world do everything they can to get their hands on these coins. Of course, getting their hands on them is not enough, as most collectors set forth that only the most well-preserved pieces will be able to be added to their collections.
The somewhat large coin is interesting because it was one of the first of its kind, and a coin that had a face value higher than most others ever produced by the US Mint. For this reason, it is a bit more special than your average gold coin from the same era.
What You Will Pay for a $20 Liberty Gold Coin
The price you are going to be asked to pay for a $20 Liberty is always going to be quite high. This is so because the coin, regardless of its condition, has gold content that makes it incredibly valuable. Add this to the fact that the coins themselves are quite scarce, and it is easy to see why you will rarely find these coins selling for less than $1,000 even in poor condition. In fact, even the poorest of the poor will sell for prices that approach $2,000.
The reason these coins are so expensive is due to a combination of the fact that these are particularly interesting coins due to their face value, their gold content, and the fact that so very few of them are still on the market today. Before you ever make a purchase, it is important that you do some comparison shopping because the price you pay for a coin from one dealer may differ greatly from the price being asked by another.
The Most Sought After $20 Liberty Gold Coins
When it comes down to it, just about every year and every type of $20 Liberty is sought after by collectors. As stated, these coins are particularly interesting because it is unusual for most to see a coin that has a face value higher than $1. If you account for how much $20 was able to buy you back in the 1800s, it is clear to see just how useful and powerful these coins were in their day.
Apart form that, you will find that the versions and types that do not have many remaining on the market will be the ones that sell for exorbitantly high prices. The 1891CC, for example, will sell for no less than $5,000 even in the poorest condition.
Future Value of $20 Liberty Gold Coins
The future value of a coin is something that is not so easy to determine. These coins have been on the market for so long that there are only ever going to be fewer, which naturally tells us that the price, per coin, is going to increase. While it may be nearly impossible to give an exact future valuation to a specific coin, it is safe to say that it will only ever be worth more as time moves forward.
Oakton Coins– Sell Gold-Chicago– Evanston Coins– Sell Gold Evanston– Sell Gold Chicago– Coin Shop Chicago– Sell Gold Skokie– Yelp– Evanston– Skokie– Chicago– Morton Grove– Deerfield– Des Plaines– Glencoe– Lincolnwood– Park Ridge– Rogers Park– Niles– Highland Park– Schaumburg