1852 GOLD $20 LIBERTY
PCGS AU53This 1852 $20 Double Eagle minted in Philadelphia, has survived more than 165 years in About Uncirculated 53 condition. In 1852, the Philadelphia Mint struck 2,053,026 double eagles. This is due to the vast amounts of gold coming out of the ground from the California Gold Rush, just three years after the discovery of California gold, and two years before the San Francisco Mint was established in 1854.
The 1852 twenties were meant to circulate, and with a mintage of over two million pieces, the 1852 is plentiful today. Most are in VF and EF grades, with occasional examples like this piece in AU condition. There are some Mint State coins at a high premium, and even fewer choice and gem pieces available on the market. Current price guides are as follows; PCGS Price Guide $2,800 and NGC Price Guide is $3,250.
This 1852 double eagle is reminiscent to the year Democrat, Franklin Pierce, won a convincing victory for President, and American Senator Henry Clay, author of much legislation on the topic of slavery, dies. Harriet Beecher Stowe's novel, Uncle Tom's Cabin was published, and became one of the most influential works to stir anti-slavery sentiments. This 1852 $20 Type-I Double Eagle is a true piece of American history minted from gold from the California Gold Rush.