1885 $20 (Regular Strike)

Series: Liberty Head $20 1850-1907

PCGS MS63

PCGS MS63

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PCGS MS62

PCGS MS62

PCGS MS61

PCGS MS61

PCGS #:
9003
Designer:
James Barton Longacre
Edge:
Reeded
Diameter:
34.00 millimeters
Weight:
33.40 grams
Mintage:
751
Mint:
Philadelphia
Metal:
90% Gold, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 131 R-7.6 5 / 73 10 / 148 TIE
60 or Better 12 R-9.5 7 / 73 22 / 148 TIE
65 or Better 0 R-10.1 1 / 73 1 / 148
Survival Estimate
All Grades 131
60 or Better 12
65 or Better
Numismatic Rarity
All Grades R-7.6
60 or Better R-9.5
65 or Better R-10.1
Relative Rarity By Type All Specs in this Type
All Grades 5 / 73
60 or Better 7 / 73
65 or Better 1 / 73
Relative Rarity By Series All Specs in this Series
All Grades 10 / 148 TIE
60 or Better 22 / 148 TIE
65 or Better 1 / 148

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS63 PCGS grade MS63 PCGS grade

AWA Collection - D.L. Hansen Collection

1 MS63 PCGS grade

New England Rare Coin Auctions 7/1979:469, $28,000 -  - Harry W. Bass, Jr. Collection - Bowers & Merena 10/1999:1896, $39,100

3 MS62 PCGS grade
3 MS62 PCGS grade
3 MS62 PCGS grade
3 MS62 PCGS grade
7 MS61 PCGS grade

Heritage 10/2009:175

7 MS61 PCGS grade
7 MS61 estimated grade

Fern E. Wagner Trust - Heritage 6/2008:2332, $103,500

10 AU58 PCGS grade PCGS #9003 (MS)     58
MS63 PCGS grade #1 MS63 PCGS grade

AWA Collection - D.L. Hansen Collection

#1 MS63 PCGS grade

New England Rare Coin Auctions 7/1979:469, $28,000 -  - Harry W. Bass, Jr. Collection - Bowers & Merena 10/1999:1896, $39,100

#3 MS62 PCGS grade
#3 MS62 PCGS grade
#3 MS62 PCGS grade
#3 MS62 PCGS grade
#7 MS61 PCGS grade

Heritage 10/2009:175

#7 MS61 PCGS grade
#7 MS61 estimated grade

Fern E. Wagner Trust - Heritage 6/2008:2332, $103,500

PCGS #9003 (MS)     58 #10 AU58 PCGS grade
P. Scott Rubin: The 1885 Double Eagle is a very rare coin especially when considering the coins struck for circulation. Collectors of Double Eagles will find it easier to obtain a Gem Proof specimen than a Gem circulation strike specimen, since it appears that no Gem quality circulation strikes are known. It is also cheaper to purchase a Proof 60 to 63 1885 Double Eagle then it is to buy a MS 60 to 63 specimen.

The earliest auction appearance of a circulation strike 1885 Double Eagle is B. Max Mehl’s February, 1909 offering as lot 320 in his 11th mail bid sale. This was one of only two Uncirculated coins offered at auction before the 1960’s that I have found. The next auction of a circulation strike 1885 Double Eagle did not occur until Elder’s November, 1930 auction, lot 2405. In total, I am aware of only six specimens being offered before 1962.

By the 1960’s, and especially in the 1970’s and later, American coin dealers started to acquire gold coins from Europe. This helps explain the increase in circulation specimens offered at auction. I am aware of twelve offerings of 1885 circulation strike Double Eagles during the decade of the 1960’s. The number has increased every decade since, however this includes a number of the same specimens appearing for sale.
David Akers (1975/88): Next to the 1882 (and possibly the 1961 Paquet whose mintage is unknown), the 1885 has the lowest mintage of any regular issue (business strike) Liberty Head Double Eagle. In terms of overall rarity, the 1885 is almost identical to the 1881 and just a little less rare than 1886. As a business strike, it is also similar in rarity to the 1854-O and 1870-CC. However, the 1885 is considerably less rare in high grade than any of the aforementioned dates. Most 1885's are AU or Choice AU and perhaps as many as six or seven true uncs exist including at least one gem, the auction '79 coin.