1851 – 1857 Gold Rush $20 Liberty ‘Double Eagle’ coins
In 1998, a cache of U.S. gold coins was discovered in exceptional condition in Europe. While the exact circumstances of the discovery have never been fully revealed, it was an extraordinary find of U.S. gold coins. Known as "The Eureka Hoard", the hoard consisted of 741 Coronet and Indian Head gold dollars, a number of 1863 Coronet $20 double eagles and small amounts of Coronet $10 eagles and Seated Liberty silver issues. The coins are dated from 1840 to 1862 and are estimated at a value exceeding $2 million.
The hoard included numerous Liberty Head Double Eagles in remarkably high grades, with many coins showing minimal wear and maintaining their original luster.
Today, we are delighted to bring some stunning examples of the 1851 and 1854 $20 Liberty Head Double Eagles in About Uncirculated grades from the Eureka Hoard to your attention. Don't miss out on the opportunity to own rare U.S. gold coins in exceptional condition.
Why are these coins so significant?
Originally designed by James B. Longacre, the $20 Liberty Head Double Eagle began minting in 1849, largely in response to the California Gold Rush which increased the supply of gold and the demand for larger denominations. The 1851 $20 Liberty is among the earlier issues of the popular $20 Liberty Head Double Eagle series, making it particularly significant for collectors.
More double eagles were struck in 1851 at the Philadelphia mint than in any year until 1861. Despite a mintage of slightly over 2 million coins, the 1851 is not as common as people might think. An estimated 3,532 coins are all that has survived the test of time.
Prior to the discovery of the Eureka Hoard, high-grade examples of the 1851 $20 Liberty were scarce. The hoard brought a renewed interest and appreciation for these coins, but also the ability for investors to own them. The influx of high-quality coins from the Eureka Hoard increased the availability of these coins in superior grades. What was once far out of reach became more available for the average investor. While the NGC Price Guide lists this coin at $4,500, it can be yours today for under $4,000!
Similarly, the 1854 $20 Liberty Head Double Eagle remains an undervalued and overlooked date in higher grades. It is not as scarce as the 1855 and 1856, but it is much harder to locate than the 1850-1853 issues. NGC Price Guide lists this coin at $3,500, yet we are able to make it yours for less than $3,300.
Today's Offer
The $20 Liberty Head Double Eagle and the Eureka Hoard represent a fascinating chapter in American numismatic history. The hoard's discovery significantly impacted the market for these coins, providing collectors with the opportunity to own high-quality examples of an early and historically significant U.S. gold coin. The combination of historical importance, rarity, and the remarkable condition of the coins from the Eureka Hoard continues to captivate collectors and enthusiasts.
Each coin we offer here has been independently inspected and certified by the uncompromising standards of NGC to be in About Uncirculated condition, ready to be added to your collection at a great value to you. We have a limited number available today, so act quickly.
- 1851 $20 Liberty NGC in AU55
8 coins available at $3,699 per coin - 1854 $20 Liberty (Small Date) NGC AU53
3 coins available at $3,299 per coin
We’ve watched the premiums for classic U.S. gold expand and contract dozens of times over the years. Today’s relatively low premiums make pre-1933 U.S. gold one of the best opportunities in bullion or numismatics, especially as spot gold prices continue to climb to new all-time highs.
Please call us at 800-831-0007 or email us to purchase your $20 Liberty Double Eagles from the Eureka Hoard today.
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Free shipping, handling, and insurance is included. Offer expires Friday, June 7, 2024 or while supplies last.
