The 1863 $20 double eagle is scarce, with varying striking characteristics that range from sharp to exhibiting some central softness. The luster on these Philadelphia mint coins is often frosty and slightly reflective, though these qualities are inhibited by attempts at conservation. Original examples with rich color are very scarce and should command a premium. With fewer than 500 examples in total, the majority of survivors are found in VF and EF condition, with AU pieces remaining just slightly scarcer. Coins recovered from the SS Republic have bolstered the Mint State census, but even so, there are just 50-55 Uncirculated examples though to exist, with certified population figures significantly skewed by resubmissions. About a dozen of the 30 Proofs struck are currently known, the finest of which is the Eliasberg specimen graded Proof-66 Cameo by NGC.

The Philadelphia Mint produced just 142,790 circulation strike double eagles in 1863. Due to hoarding, the issue did not circulate in the East or Midwest. Gold coins were available only by paying a sharp premium for them. It is likely that many double eagles of this era were exported and melted at their destination, as Uncirculated examples have not turned up in European bank hoards to any great extent. In fact, many of the 50 to 55 Mint State pieces believed extant have been recovered from the wreck of the S.S. Republic by Odyssey Marine Exploration. Given that this is scarce even in circulated grades (Bowers, 2004, accounts for just 200 to 300 worn examples), the opportunity to acquire a premium Mint State example deserves serious bidder's attention.

The example to the left was sold by Stack's Bowers Galleries in August 2014 Auction, where it realized $76,375.