1888-P (Philadelphia) Liberty Head Double Eagles $20

Coin / United States of America / 1888 / Philadelphia / Liberty Head Double Eagles $20 / $20 (Twenty Dollars)

The coin in question is a Liberty Head Double Eagle, struck in 1888, representing one of the most iconic designs in American numismatics. This particular coin carries a denomination of $20, which is commonly referred to as a "Double Eagle." Produced by the Philadelphia Mint, it features the mint mark 'P' indicating its origin from that facility. Measuring 34 millimeters in diameter and weighing 33.44 grams, this gold coin is composed of .9675 troy ounces of pure gold. The Liberty Head Double Eagles were minted during a time when gold coins were widely circulated in the United States, and this particular year saw a total mintage of 226,161 pieces. The coin's obverse is adorned with a classic rendition of Lady Liberty, symbolizing freedom and hope, while the reverse features a majestic bald eagle, denoting strength and resilience. Both designs highlight the artistry and craftsmanship that were hallmark features of late 19th-century coinage. Given its historical significance and its gold content, the 1888 Liberty Head Double Eagle is not only a prominent collectible but also a valuable asset in the realm of numismatics. Its condition, along with market demand, will greatly influence its grading and overall value among collectors and investors alike.