The value of a 1904 $20 Liberty Head gold coin (also known as a Double Eagle) depends heavily on its condition, also called its grade.
Here’s a general overview of the value:
- Circulated Condition: According to the [NGC Price Guide] , a 1904 Liberty Head $20 in circulated condition is worth between $3400 and $3475 as of August 2025.
- Mint State (Uncirculated) Condition: In pristine, uncirculated condition, these coins can sell for significantly more. For example:
– A 1904-S (San Francisco mint) in uncirculated condition can sell for as much as $25,000.
– A 1904 (Philadelphia mint) in uncirculated condition can sell for as much as $80,000.
- Specific Grades: Coin grading services like PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) assign numerical grades that further refine the value. For example, a coin graded MS-65 (Mint State 65) can command a significant premium over lower uncirculated grades.
- Grade/Condition: This is the most crucial factor, with uncirculated coins being far more valuable than circulated ones. Professional grading can significantly impact the selling price.
- Mint Mark: While the Philadelphia mint produced the most 1904 Double Eagles, coins from the San Francisco Mint (indicated by an “S”) can be scarcer in higher grades.
- Mintage Number: While the 1904 Philadelphia mint had a high mintage (6,256,699), the actual number of surviving coins is much lower due to melting and other factors.
- Demand: The overall market interest in these coins influences their value.
- Metal Content: The inherent value of the gold content (0.9675 troy ounces of 90% gold) also plays a role in the coin’s base value.
- It’s best to have your coin professionally appraised by a reputable coin dealer or grading service. They can accurately assess the condition and provide a more precise valuation.
- You can also research recently sold 1904 Double Eagles in similar conditions to yours on online auction sites and coin dealer websites.
What is the mint mark on a 1904 $20 gold coin?
The reverse then features an eagle and shield design with the following words “UNITED STATES OF AMERICA”, “TWENTY DOLLARS” and two mottos of “IN GOD WE TRUST” and “E PLURIBUS UNUM”. There is no mint-mark on the reverse of this coin meaning it was struck at the Philadelphia mint.
How much gold is in a $20 Liberty gold piece?
$20 Liberty Gold Double Eagle – XF (Dates Our Choice)
A Double Eagle is a gold coin of the United States with a denomination of $20. (Its gold content of 0.9675 troy oz was worth $20 at the 1849 official price of $20.67/oz.)