The value of a 1923 gold $20 coin, also known as a Saint-Gaudens Double Eagle, depends heavily on its condition (grade).
Here’s a breakdown of values based on different conditions, according to the NGC price guide as of August 2025:
- Circulated Condition: Values range between $3,400 and $3,550.
- Uncirculated Condition (MS63): Coins in “Choice Uncirculated, MS63” condition are offered around $4,800. Another source states the value for an MS63 at $3,700. Keep in mind that “Choice Uncirculated” or MS63 generally implies a higher quality coin than just “Uncirculated”.
- Higher Grades (Uncirculated, MS64+): Prices for higher-graded, uncirculated coins generally increase with the grade. For instance, MS64 coins are valued at $3,750, and MS64+ at $4,000.
- Pristine, Uncirculated (MS65 and higher): These can fetch significantly higher prices, reaching up to $70,000 for coins in pristine, uncirculated condition.
- Extremely Fine: These coins show some signs of wear and tear, mostly light scratching on the surface, but are still considered to be in excellent condition for their age.
- Fine: These coins were in circulation for a longer period, resulting in smoother surfaces and more surface scratching, but without major damage.
- Condition is key: The value of your coin is directly tied to its grade. A professionally graded coin from a service like PCGS or NGC will be valued more reliably.
- Denver mintmark: Coins from the Denver mint (1923-D) may have different values compared to those minted in Philadelphia (no mintmark).
- Copper Discolorations: Some 1923 Double Eagles have copper discolorations. Some find this attractive, while others may not.
To get an accurate appraisal of your specific coin, it’s recommended to consult with a professional coin grader or dealer who can assess its condition and any specific attributes influencing its value.
How do I tell if my gold dollar coin is worth anything?
Great question! Numismatic value in gold dollar coins is determined by rarity and condition. Gold dollar coins can be rare for a number of reasons, including: mintage, errors, and demand. If a coin has a low mintage, there were fewer produced and it will be harder to find and therefore worth more.