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The 1896-P Double Eagle Liberty Head is a U.S. gold coin with a face value of $20, minted in 1896 at the Philadelphia Mint (indicated by the "P" mintmark). This coin features the Liberty Head design, which was created by artist Augustus Saint-Gaudens. The coin is made of 90% gold and 10% copper, with a total weight of 33.44 grams.
A PCGS MS-62 grade means the coin is in Mint State, specifically at a "Choice Uncirculated" level. An MS-62 from the Professional Coin Grading Service (PCGS) indicates that the coin has some noticeable surface imperfections, such as light contact marks, scratches, or minor abrasions. Despite these imperfections, the coin still retains much of its original mint luster and sharp detail, making it an attractive piece for collectors.
The 1896-P Double Eagle is not considered especially rare compared to other dates in the Liberty Head series, but its value can still vary based on factors such as overall demand and the coin’s condition. Coins graded MS-62 are typically desirable for collectors looking for a high-quality example without the higher price tag associated with coins graded higher (e.g., MS-63 or MS-64).
In terms of historical significance, the 1896 Double Eagle marks a year of stable coin production before the transition to the Saint-Gaudens design in 1907, making it a popular choice among collectors of late 19th-century U.S. gold coinage.