1868-S $20 (Regular Strike)

Series: Liberty Head $20 1850-1907

PCGS MS62+

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PCGS MS62+

PCGS #:: 8954

Designer:: James Barton Longacre

Edge:: Reeded

Diameter:: 34.00 millimeters

Weight:: 33.40 grams

Mintage:: 837,500

Mint:: San Francisco

Metal:: 90% Gold, 10% Copper

Auction Record:: $120,000 • MS62+ • 01-14-2019 • Heritage Auctions

ShowHide Related Coins and Varieties (2)

Major Varieties

1868-S $20

Die Varieties

1868-S $20 Saddle Ridge Hoard

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Price Guide (USD)

PCGS Population

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For Sale Now at Collectors Corner - PCGS Graded

For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades	Survival Estimate The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.	Numismatic Rarity Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.	Relative Rarity By Type Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.	Relative Rarity By Series Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
All Grades	3,628	R-4.2	18 / 31 TIE	80 / 148 TIE
60 or Better	20	R-9.1	6 / 31 TIE	29 / 148 TIE
65 or Better	0	R-10.1	1 / 31	1 / 148

Survival Estimate
All Grades	3,628
60 or Better	20
65 or Better

Numismatic Rarity
All Grades	R-4.2
60 or Better	R-9.1
65 or Better	R-10.1

Relative Rarity By Type All Specs in this Type
All Grades	18 / 31 TIE
60 or Better	6 / 31 TIE
65 or Better	1 / 31

Relative Rarity By Series All Specs in this Series
All Grades	80 / 148 TIE
60 or Better	29 / 148 TIE
65 or Better	1 / 148

Condition Census What Is This?

Pos	Grade	Pedigree and History
1	MS63 estimated grade
2	MS62+ PCGS grade	Quality Sale Corp.'s/Abner Kreisberg's 9/1980:1585 - A.J. Vanderbilt Collection - Stack's/Bowers 3/2018:10403, $43,200 - Heritage 1/2019:4738, $120,000 - D.L. Hansen Collection
2	MS62+ PCGS grade	Legend Rare Coin Auctions 1/2019:441, $47,000 - Heritage 4/2019:3922, $33,600
4	MS62 PCGS grade	Stack's/Bowers 11/2019:3195
4	MS62 PCGS grade
4	MS62 PCGS grade	Goldbergs 5/2007:1709, $29,900 - Goldbergs 9/2008:1593, $28,175
4	MS62 PCGS grade
4	MS62 PCGS grade
4	MS62 PCGS grade
4	MS62 PCGS grade

#1 MS63 estimated grade

#2 MS62+ PCGS grade

Quality Sale Corp.'s/Abner Kreisberg's 9/1980:1585 - A.J. Vanderbilt Collection - Stack's/Bowers 3/2018:10403, $43,200 - Heritage 1/2019:4738, $120,000 - D.L. Hansen Collection

#2 MS62+ PCGS grade

Legend Rare Coin Auctions 1/2019:441, $47,000 - Heritage 4/2019:3922, $33,600

#4 MS62 PCGS grade

Stack's/Bowers 11/2019:3195

#4 MS62 PCGS grade

Goldbergs 5/2007:1709, $29,900 - Goldbergs 9/2008:1593, $28,175

#4 MS62 PCGS grade

David Akers (1975/88): In terms of overall rarity, the 1868-S is just a little less rare than the 1866-S Motto and 1867-S. It is essentially the same rarity as the 1860-S, 1861-S, 1862-S and 1864-S. Like most S-Mint issues of this era, the 1868-S is generally available only in EF or lower grade. In fact, in my experience, the most often encountered 1868-S is a heavily bagmarked VF. In AU, the date is definitely rare and in full mint state it is very rare. I have seen only a couple of Unc-60 examples and cannot recall ever having seen a choice or gem quality specimen.