Type: Liberty Head Double Eagle Year: 1906 Mint Mark: No mint mark Face Value: $20.00 USD Total Produced: 69,000 [?] Gold Content: 90% Gold Weight: .96750 oz. Gold Melt: $1733.6 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $1800.00, while one in mint state (MS+) condition can bring as much as $6,800 at auction. This price does not reference any standard coin grading scale. So when we say average, we mean worn as would be expected from any other coin from this year, and mint state meaning certified high MS+ by an accredited company. [?].
Additional Info: No notes have been attached.
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Numismatic vs Intrinsic Value: This coin in poor condition is still worth $66.4 more than the intrinsic value from gold content of $1733.6, this coin is thus more valuable to a collector than to a gold bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you still have a coin that a numismatic would want to buy.
Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth.
Current gold melt value* for a 1906 No mint mark is $1733.6 and this price is based off the current gold spot price of $1,791.83 This value is dynamic so bookmark it and comeback for an up to the minute gold melt value.
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**When we say that 69,000, of these coins were produced or minted in 1906 this number doesn’t always match the actual circulation count for this coin. The numbers come from the United States mint, and they don’t reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.
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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. Call or visit your local coin dealer for more information.
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