Current Spot Prices:
1:06 AM Mon. Sep 21, 2020 (USMT)
Gold
$1,952.65 ($0.31)
Silver
$26.85 ($0.00)

Now 50 22 8 SOLD OUT

$2,177.32

United States $20 Liberty
Type II - 1875-S

Grade: AU58 PCGS
Actual Gold Content: .9675 troy ounce

 

We just closed a deal on a very limited batch of (50) AU58 $20 Liberties dated 1875-S, encapsulated and graded by PCGS (Professional Coin Grading Service).  And what a deal it is.  These are the Type II variety liberties that were minted from 1866-1876, and preceded the more commonly seen Type III varieties minted from 1877-1907.  The significant design difference is the currency value reference 'Twenty D.' as opposed to 'Twenty Dollars' seen on the reverse of the coins.  Despite the added age and nearly uncirculated condition, we are able to offer these at a discount to the pricing of a standard uncirculated Type III $20 Liberty.

Rationale:

  • Just 820 1875-S $20 Liberties have achieved grade AU58 according to PCGS and only 1375 have been graded higher. This batch represents 6% of the known 1875-S’s in AU58.  
  • Compare that to a better dated MS63 $20 Liberty, like a 1907. There are 7100 1907’s in MS63 and about 1500 known better. But an MS63 1907 Liberty would run you roughly $150 more per coin than those offered here, and is technically more common!
  • These are offered at a $15 per coin discount to standard BU Type III $20 Liberties.  Free shipping on orders over $10K.
  • Orders filled first-come, first-served, and strictly limited to availability stated here.
  • AU58 is the highest grade score acheivable within the 'Almost Uncirculated' category and the first grade below uncirculated (MS60).  Many gold owners prefer AU58 grade coins to MS60, as high grade AU's typically have more lusterous characteristics and often carry the appearance of a higher grade coin, with the wear so minimal it's barely visible.  Viewing PCGS's explanation of the grading scale can be instructive in this regard.  

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