Performance of the Twenty Dollar Gold Coin

Gold prices have been on the uptrend for almost two years now. Gold prices have historically risen during economic instability in the US. However, even with the American economy on the rebound, gold prices have continued to rise. This could be on account of the high demand for gold the world over, especially in countries like India and China. According to the World Gold Council, the demand from India for gold jewelry, bars and coins stands at a staggering 1,035 tons. Chinese demand for the same is at 714 tons. The demand for the yellow metal from Europe, US and the Middle East is at 306, 239 and 225 tons, respectively. Against this backdrop, both investors and collectors are purchasing gold bars and coins, like the Twenty Dollar Gold Coin.

Why is the Twenty Dollar Gold Coin Popular?

The US Mint issued Twenty Dollar gold coins from 1850 to 1933. These large gold coins (almost an ounce) were meant for circulation. They were used to exchange gold, both internationally and in the US banking system. In 1933, the government recalled all the outstanding gold coins, with the intention of them being melted by the US Mint. A small fraction of these coins survived this recall and have become popular among collectors and investors. Some of these Twenty Dollar gold coins are extremely rare.

Three types of Twenty Dollar Liberty gold coins were minted, each with minor design changes. Type I was minted between 1850 and 1866, Type II was minted between 1866 and 1876 and Type III was minted between 1877 and 1907.

Popular Twenty Dollar Gold Coins

While historic coins are popular among collectors and investors, some of the more sought after Twenty Dollar gold coins are:

• Twenty Dollar Gold Coins Select Bu Liberty (1877-1907)

• Twenty Dollar Gold Coins Extra Fine To Almost Uncirculated Liberty (1877-1907)
• Twenty Dollar Gold Coins Choice Bu St. Gaudens (1908-1928)
• Twenty Dollar Gold Coins Select Bu St. Gaudens (1908-1928)
• Twenty Dollar Gold Coins Extra Fine To Almost Uncirculated St. Gauden (1908-1928)
• 1872-S Twenty Dollar Gold Coins LIBERTY
• Twenty Dollar Gold Coins LIBERTY – 1873
• Twenty Dollar Gold Coins LIBERTY OPEN 3 – 1873
• 1873-S Twenty Dollar Gold Coins Extra Fine
• 1875-S Twenty Dollar Gold Coins Select Bu Liberty
• Twenty Dollar Gold Coins LIBERTY – 1894
• 1894-S Twenty Dollar Gold Coins LIBERTY
• 1897-S Twenty Dollar Gold Coins LIBERTY
• Twenty Dollar Gold Coins LIBERTY – 1900
• Twenty Dollar Gold Coins LIBERTY – 1904
• Twenty Dollar Gold Coins LIBERTY – 1907
• Twenty Dollar Gold Coins St. Gaudens – 1907
• Twenty Dollar Gold Coins Very Fine St. Gaudens – 1907
• NM Twenty Dollar Gold Coins St. Gaudens – 1908
• 1908-S Twenty Dollar Gold Coins Almost Uncirculated St. Gaudens
• 1908-S Twenty Dollar Gold Coins Choice Au St. Gaudens
• 1909/8 Twenty Dollar Gold Coins Choice Au St. Gaudens

The prices of these coins range between just over the price of an American Eagle gold bullion coin to more than $6,000. The Twenty Dollar gold coins become popular on account of their low weight, scarcity value and worldwide demand. Due to these features, these gold coins have outpaced bullion in a rising precious metals market. Between January 1970 and May 2010, Mint State rare gold coins (i.e. coins that do not show signs of wear) have outperformed gold bullion around 3:1 (and the Dow Jones Industrial Average nearly 8:1).