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

1850 Liberty Head Double Eagle

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: $2,267.96

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.

Series Location Quantity Minted
1850 Philadelphia 1,170,261
1850 O New Orleans 141,000

Value

This coin in circulated condition is worth at least its weight in gold. The gold melt value for this coin is $2,267.96 as of April 14, 2024. This melt value is calculated from the current gold spot price of $2,344.15 per ounce.

The 1850 Liberty Head double eagle with no mint mark is worth around $2,850 in very fine condition. In extremely fine condition the value is around $3,500. 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 $5,250 in very fine condition. In extremely fine condition the value is around $8,500. 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