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PMJ Coins - $20 Gold

January 12th, 2018

The plentiful gold and silver that came from American western expansion in the late 1800’s created a boon for congress and the U.S. Mint, where politicians and designers alike were eager to monetize the nation’s growing fortunes. In those days, a tightly knit group of influential sculptors and engravers worked the political machine to create markedly American coinage, including the $5, $10 and $20 Liberty and Indian Gold coins among others.

Much like today, in those days, personal and professional connections were paramount to success in business or politics. People like George Murray, a founding partner at the engraving firm of Murray, Draper, Fairman & Co.in Philadelphia collaborated with other notable coin designers including Christian Goebrecht, third Chief Engraver of the U.S. Mint (1840-1844) and his successor, James Longacre, an apprentice to Murray, who went on to be Chief Engraver from 1844 to his death in 1869.

Longacre was a prolific engraver, designing 1, 2, 3 and 5 cent coins and multiple Indian and Liberty Head Gold coins over his 20+ year tenure. One of the most enduring and sought-afterrare coins from Longacre’s era is the $20 Liberty Gold coin, which was minted starting in 1849. Today, depending on scarcity and quality, $20 Liberty Head Gold coins can be purchased from a respected, knowledgeable coin dealer for as little as $2,000 or so. Rare $20 Gold coins can go for tens of thousands.

For examples, the following rare $20 Liberty Gold coins have been featured on www.pmjcoins.com:

Liberty Gold 1875 CC $20 PCGS MS61  $15,350
Liberty Gold 1883 CC $20 PCGS MS6  $16,500
Liberty Gold 1876 CC $20 PCGS MS61  $17,500
Liberty Gold 1889 CC $20 PCGS MS61  $18,950

PMJ Coins offers an exceptional buying experience, working with knowledgeable numismatic experts to offer the best prices for rare coins, proof sets, ancient currencies and other collectible coins, including the $5 and $10 and $20 Gold coins, that have provided sizeable returnsto savvy collectors for centuries.

BY PHONE:  516-741-3330 (Monday-Friday 9AM-5PM, Saturday Appointments Only)
BY EMAIL:  paul.pmjcoins@gmail.com
BY FAX:  516-741-3327
BY MAIL:  COINS LLC, 2127 Hillside Ave, New Hyde Park NY 11040

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