1863 $20 Liberty Head Double Eagle PCGS MS-62 Ex.SS Republic

Collector's Universe priced at $47,500. This coin has an interesting recent provenance. It appeared in Dec.2020 Legend Auction as lot #19 and realized $47,000. It then reappeared in a Heritage Apr.2021 as lot #5170 and brought $44,400. Lastly, we see it once more with Stacks Bowers in Aug.2025 as lot# 3377 where it brought $36,000. For an 1863 $20, this last auction price is just downright cheap, especially since we've handled the entire group of Great Kentucky Hoard 1863 $20's where the average grade recovered of (19) NGC-certified coins was 62.3 and the MS62 price levels ranged beteeen $75,000 and $95,000. 

In the Heritage Sale, they described this coin as: "1863 $20 MS62 PCGS. Ex: S.S. Republic. The 1863 Liberty double eagle is significantly scarcer than the San Francisco issue of this year, partly due to its smaller mintage of 142,760 pieces (compared to more than 966,000 S-mint coins). The rarity of the Philadelphia coin in Mint State is especially pronounced. PCGS lists only 24 pieces in all Uncirculated grades, just three of which grade finer than MS62. The present coin is the first piece in this grade that we have handled within the last two decades. The other coin, NGC certified, was in our 2018 FUN Signature, where it realized $57,600. This PCGS piece displays vibrant, frosty orange-gold mint luster and a bold strike. Scattered light abrasions limit the grade, but the only individual one worthy of mention is a small reed mark in the reverse field within the circle of stars above the eagle's head. Eye appeal is outstanding. "

We consider this to be quite the bargain price when considering the absolute rarity of the issue and it's shipwreck provenance.