1903 Liberty Head Double Eagle

1903 Liberty Head double eagles were struck to the tune of more than 1.2 million, which, while a large figure, is much higher than the number of surviving 1903 $20 gold coins today. Liberty Head double eagles were designed by James B. Longacre in 1849 and were made at the Philadelphia and San Francisco mints in 1903, with many more coming from the California facility.

1903 $20 double eagle gold coins contain 0.9613 ounces of gold, weigh 33.44 grams, and measure 34 millimeters wide. The large weight and broad size of $20 gold coins are just two of many appealing factors to coin collectors and bullion investors alike, notwithstanding the historical value of $20 gold coins.

Here is a breakdown of the mintages and values of 1903 double eagle gold coins:

• 1903, 287,270; $2,987

• 1903-S, 954,000; $2,987

• 1903 proof, 158; $200,000

*Values are for coins in a grade of Extremely Fine 40 unless otherwise specified.

Because fewer Liberty Head double eagles survive today for collectors than were minted, it’s prudent for prospective purchasers to buy 1903 $20 gold coins that have been graded by reputable third-party coin certification companies. These firms include the American Numismatic Association Certification Service (ANACS), Professional Coin Grading Service (PCGS), and the Numismatic Guaranty Corporation (NGC).