The 1850–1866 $20 Liberty Gold Double Eagle Type 1 (Cleaned) is an early issue of one of America’s most iconic gold coins, minted during the California Gold Rush era. Composed of 90% gold and 10% copper, each coin contains 0.9675 troy ounces of gold and represents a significant period in U.S. financial history.
Designed by James B. Longacre, the obverse features Lady Liberty wearing a coronet inscribed with “LIBERTY,” surrounded by stars representing the states. The reverse displays a heraldic eagle with shield, olive branch, and arrows. As a Type 1 coin, it does not include the motto “IN GOD WE TRUST,” which was introduced in later years.
This coin has been classified as “cleaned,” meaning its surfaces have been altered from their original state, often resulting in reduced numismatic value. However, it remains highly sought after for its gold content, historical importance, and classic design.
Type 1 Liberty Double Eagles are especially desirable among collectors due to their early production years and connection to the Gold Rush era. A cleaned example provides a more accessible entry point into owning a historic pre-1933 U.S. gold coin while still offering strong intrinsic value.
