answersLogoWhite

0


Best Answer

The 1895 P Morgan Dollar is known as the "King of the Morgan Dollars" because it is the rarest and most valuable of the entire Morgan Dollar series. PF-68 specimens of this rare coin have sold for upwards of $120,000 at auction.

According to U.S. Mint records, the Philadelphia Mint struck only 12,000 regular circulation Morgan Dollars in 1895, and struck only 880 Proof specimens. However, only 75 to 80 of the 1895 Morgans have been accounted for, all of them Proofs. Where did 12,000 plus coins go? Numismatic scholars are divided in their opinions as to why the 12,000 business strike specimens of the 1895 P Morgan Silver Dollar have vanished into history. Most believe that the coins were never minted in the first place, and that this notation in the Mint accounting ledgers is in error. Some believe that the coins were minted, but melted down for various reasons. It's even believed that the coins may have been lost at sea in a shipwreck. If you ever find one... the sky's the limit with this coin.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar
More answers
User Avatar

AnswerBot

1mo ago

The value of a 1894 twenty dollar gold coin can vary based on its condition and rarity. In general, the coin may be worth anywhere from around $1,500 to several thousand dollars, or even more if it is in exceptional condition or has specific historical significance. It's recommended to have the coin appraised by a professional to get an accurate valuation.

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

The value of Coins and Paper Money can vary drastically depending on date, condition, and various stamping. An 1890 one dollar bill can be worth between $200 and $3500.

This answer is:
User Avatar

User Avatar

Wiki User

9y ago

Only 5,000 of these rare coins were minted. Even one in poor condition will bring over $1,000 at auction.

This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is a 1894 twenty dollar gold coin worth?
Write your answer...
Submit
Still have questions?
magnify glass
imp