1877 $20 Liberty Head Double Eagle PCGS MS61 Ex. Rive d'Or Collection

Note: This coin has not been sent to CAC for review and possible endorsement by AUCM.

Here’s a more affordable mint state $20 from the Philadelphia Mint, one that could serve as a gold type coin from the 19th century in your collection. PCGS has graded 470 pieces as MS61 with 260 finer. Collectors Universe give this issue a price of $3,750.00 in MS61.

 James B. Longacre, who crafted the design on the Liberty head $20s.

The obverse of the $20 Double Eagle features a left-facing Liberty design influenced by Greco-Roman sculpture. A pearl-encrusted coronet inscribed with “Liberty” adorns her wavy hair, which flows down her neck. Thirteen stars that represent the original colonies/states surround her bust. The date is found below the image of Liberty. 

The reverse presents Longacre's exaggerated design, featuring a heraldic eagle, one that is quite different from eagles previously found upon our coinage. Dramatic rays emanate from the national bird, and a circle of 13 stars is found hovering over the eagle. Two contrived ribbons encircle the awkward creature, one of which the eagle holds firmly in its beak. The motto E PLURIBUS UNUM is split between the two ribbons. A federal shield is found on its breast and arrows and the ivy branch of peace are found, respectively, in its right and left talons. The inscription UNITED STATES OF AMERICA and TWENTY DOLLARS surround the bird at the coin's rim.