1905 $20 (Regular Strike)

The 1905 is the rarest 20th Century Liberty Head Double Eagle. It is much rarer than the lower mintage 1902 or the 1906 and it is also more rare in all grades, including Unc., than the underrated 1901-S, 1902-S and 1905-S. In terms of overall rarity, the 1905 is similar to the 1888, 1889 and 1898 but it may well be more rare than any of those three dates in full mint state. I consider the 1905 to be very scarce in Unc-60 condition and rare in choice Unc. Only a few gems are reported (I have not personally seen one, though) and so the 1905 must be rated as very rare at the MS-65 level.