The 1851 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: 1851
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 1851 Liberty Head double eagle with no mint mark and also the 1851 O Liberty Head double eagle. The mint mark, when present, can be found on the reverse side of the coin below the eagle.
| Series | Location | Quantity Minted |
|---|---|---|
| 1851 | Philadelphia | 2,087,155 |
| 1851 O | New Orleans | 315,000 |
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 1851 Liberty Head double eagle with no mint mark is worth around $2,450 in very fine condition. In extremely fine condition the value is around $2,500. In uncirculated condition the price is around $7,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $32,500.
The 1851 O Liberty Head double eagle is worth around $3,500 in very fine condition. In extremely fine condition the value is around $4,750. In uncirculated condition the price is around $32,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $125,000.
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:
1852 Liberty Head Double Eagle 1850 Liberty Head Double Eagle 1849 Liberty Head Double Eagle