Gold Coins by year from 1885 to 1810 1890
Twenty dollar coins are also referred to as Liberty Head because the obverse of the coins depicts a portrait of Liberty. Between colonization and 1792, the United States used mostly foreign currencies for trade. Due to the lack of English currency, the coins used were escudos, Spanish pistols, Portuguese reis and French gold Louis, from neighbouring colonies. In 1792, the law established the rules for a local currency: it had to bear an allegory of liberty on the obverse with the year of minting, and an eagle on the reverse. Gold coins of 5 and 10 dollars were then struck from 1795.