The value of a 20 dollar gold coin, also known as a Double Eagle, depends primarily on two factors:
- The melt value of its gold content: As of August 13, 2025, the price of gold per ounce is around $3,370 USD. A $20 Double Eagle contains approximately 0.9675 troy ounces of gold. This means the intrinsic value of the gold alone is significant.
- Its numismatic value (collectibility): This is where the value can fluctuate wildly based on factors like:
– Coin Type: There are two main types of $20 Double Eagles:
– Liberty Head (Coronet) Double Eagles (1849-1907): These generally have lower numismatic value than Saint-Gaudens Double Eagles, although some rare dates or high-grade examples can still be valuable.
– Saint-Gaudens Double Eagles (1907-1933): These coins are widely considered “America’s most beautiful coin” due to their design by Augustus Saint-Gaudens and tend to be more sought after by collectors.
– Date and Mintmark: Some dates and mintmarks are rarer and thus more valuable than others. For example, the 1907 high-relief Saint-Gaudens is highly collectible and can command high prices. Other rare examples include the 1927-D and 1933 Saint-Gaudens.
– Condition or Grade: The better the condition of the coin, the higher its value. Coins are graded on a scale, and even minor imperfections can significantly impact value. Professionally graded coins by services like PCGS or NGC typically fetch higher prices.
– Mintage: Lower mintage numbers generally lead to higher demand and therefore higher prices.
In general, a $20 gold coin in average condition can be worth at least $2,000, while a high-grade example can fetch significantly more, ranging from several thousand dollars to well into the hundreds of thousands or even millions depending on the specific coin and its rarity. For instance, a 1927-D Saint-Gaudens in Mint State condition could be valued between $900,000 and $8,400,000. The extremely rare 1933 Saint-Gaudens is reported to be valued at $21,600,000. Even circulated Saint-Gaudens coins can be worth around $10,000 or more depending on their specific characteristics.
If you have a $20 gold coin, it’s recommended to have it professionally evaluated by a reputable coin dealer or grading service to determine its accurate value.
Where is the mint mark on a $20 dollar gold coin?
The 20 Liberty Head dollars were then produced in five different mints: Philadelphia, Carson City (CC), Denver (D), New Orleans (O) and San Francisco (S). The mint mark is visible on the reverse under the eagle. Only the coins minted in Philadelphia do not bear a letter.