The 1898 Liberty Head double eagles have value as numismatic coins. Keep reading to learn more about these gold coins.

1898 Liberty Head Double Eagle

Specifications

Type: Liberty Head Double Eagle
Year: 1898
Face Value: $20.00
Composition: 90% gold, 10% copper
Gold Weight: .9675 oz.
Total Weight: 33.436 grams
Current Gold Bullion Value: $2,292.77

The US minted the 1898 Liberty Head double eagle with no mint mark and also the 1898 S 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
1898 Philadelphia 170,395
1898 S San Francisco 2,575,175

Value

This coin in circulated condition is worth at least its weight in gold. The gold melt value for this coin is $2,292.77. This melt value is calculated from the current gold spot price of $2,369.79 per ounce.

The 1898 Liberty Head double eagle with no mint mark is worth around $2,400 in very fine condition. In extremely fine condition the value is around $2,425. In uncirculated condition the price is around $2,600 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $4,500.

The 1898 S Liberty Head double eagle is worth around $2,400 in very fine condition. In extremely fine condition the value is around $2,425. In uncirculated condition the price is around $2,465 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $2,750.

Proof coins with no mint mark are available. These coins have a matte finish. They are each valued at around $42,500 in PR 63 condition. There were 75 proof coins minted.

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.

PR-63BN proof- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent. The color is brown.

 

Sources:

The Red Book