1850 Liberty Head Double Eagle

The 1850 Liberty Head double eagles have value as numismatic coins. Keep reading to learn more about these gold coins.

Specifications

Type: Liberty Head Double Eagle
Year: 1850
Face Value: $20.00
Composition: 90% gold, 10% copper
Gold Weight: .9675 oz.
Total Weight: 33.436 grams
Current Gold Bullion Value: $2,562.57

The US minted the 1850 Liberty Head double eagle with no mint mark and also the 1850 O Liberty Head double eagle. The mint mark, when present, can be found on the reverse side of the coin below the eagle.

Value

This coin in circulated condition is worth at least its weight in gold. The gold melt value for this coin is $2,562.57. This melt value is calculated from the current gold spot price of $2,648.66 per ounce.

The 1850 Liberty Head double eagle with no mint mark is worth around $3,000 in very fine condition. In extremely fine condition the value is around $4,250. In uncirculated condition the price is around $22,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $75,000.

The 1850 O Liberty Head double eagle is worth around $5,750 in very fine condition. In extremely fine condition the value is around $9,000. In uncirculated condition the price is around $60,000 for coins with an MS 60 grade.

Grading System

Very fine- The word "LIBERTY" inscribed on Liberty's crown is bold. The rounded prongs on the crown are well-defined. Liberty's hair is worn around the ear.

Extremely fine- The rounded prongs on the crown show traces of wear. Liberty's hair curls show traces of wear. Minor bag marks are present.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

Sources:

The Red Book

See also:

1851 Liberty Head Double Eagle
1849 Liberty Head Double Eagle