1874-P (Philadelphia) Liberty Head Double Eagles $20

Coin / United States of America / 1874 / Philadelphia / Liberty Head Double Eagles $20 / $20 (Twenty Dollars)

The coin in question is a stunning example of the Liberty Head Double Eagle, a gold coin with a denomination of $20, minted in the year 1874. This particular piece was struck at the Philadelphia Mint, as indicated by its "P" mint mark. Notably, it is a Proof coin, which suggests that it was created using a special minting process to ensure a high-quality finish, typically intended for collectors rather than for circulation. The coin features a classic design, well-known among numismatists, showcasing a representation of Lady Liberty on the obverse, symbolizing freedom and strength, while the reverse features an eagle in flight, a symbol of the United States. With a weight of approximately 33.44 grams and a diameter of 34 mm, this coin is made of 90% gold, making it not only a beautiful collectible but also a valuable piece of precious metal. The mintage for this particular year and type is notably low at just 20 pieces, significantly enhancing its rarity and desirability amongst collectors. As such, this Liberty Head Double Eagle is not just a currency piece but a historical artifact that exemplifies the craftsmanship of 19th-century minting and the enduring legacy of American coinage. Given its characteristics, condition, and limited production, this coin holds remarkable value in the numismatic community.