1906 US Gold $20 Liberty Head NGC PF65 Cameo

$330,000.00 USD

The 1906 U.S. Gold $20 Liberty Head, graded NGC PF 65 Cameo, is a significant piece of American numismatic history. Part of the long-running Liberty Head double eagle series designed by James Barton Longacre, this coin represents one of the final proof issues before the transition to the Saint-Gaudens design in 1907.

The obverse features Lady Liberty wearing a coronet inscribed with the word "LIBERTY," surrounded by thirteen stars representing the original American colonies. The date "1906" is placed below, and her classical design reflects the artistic sensibilities of the mid-19th century. The reverse displays a heraldic eagle with a shield on its chest, clutching an olive branch and arrows, symbolizing peace and military readiness. Above the eagle, a scroll bears the national motto "IN GOD WE TRUST," a feature added to the design in 1866.

With only 94 proof pieces minted in 1906, this coin is an extreme rarity, and its PF 65 Cameo grade signifies a well-preserved specimen with strong contrast between the frosted devices and deeply mirrored fields. The proof Liberty Head double eagles of this era were struck with exceptional care, using specially prepared dies and planchets to achieve their distinct appearance. As one of the last proof issues of the series, this coin holds historical significance, marking the end of an era in U.S. gold coinage before the sweeping artistic reforms of the early 20th century.