The $20 Liberty Gold coin, specifically the Type 1 minted in 1861, features a design by engraver James B. Longacre. The obverse depicts a left-facing portrait of Lady Liberty, while the reverse showcases a heraldic eagle with a shield. These coins were produced from 1849 to 1907 and are composed of 90% gold and 10% copper. The 1861 issues are particularly significant due to the Civil War context, leading to variations in minting based on economic conditions. As a collectible, the $20 Liberty Gold coins are valued for their gold content, historical significance, and artistic design.