The Double Eagle is considered by experts to be one of the most historic gold coins in the United States. In its heyday, the Double Eagle served as currency that was exchanged for everyday goods and services. Today, it is popular among investors and collectors alike for its extreme durability and striking design.
Continue reading to learn more about why both investors and collectors choose the Double Eagle gold coin, along with some brief facts and specifications.
$20 Liberty Double Eagle Gold Coin - Quick Facts and Brief History
|Type||Bullion (Investment)/Numismatic (Collectors)|
|Mintage||1849-1907 by the U.S. Mint (Philadelphia, San Francisco, New Orleans, Carson City and Denver mints)|
|Weights / Denominations||33.436 grams (1.075 troy ounces)|
|Front Design||The obverse side of the Double Eagle gold coin consists of an adaptation of the Crouching Venus, drawing its inspiration from the ancient Greco-Roman sculpture. Designed by the Mint's Chief Engraver James Barton Longacre, the front design also includes two engravings – "United States of America" across the top and the coin's face value, "Twenty Dollars," across the bottom. Some Double Eagles will have a mint mark stamped just above the face value.|
|Rear Design||The Double Eagle's reverse design, also by James Longacre, is modelled after the Great Seal of the United States and includes a portrait of Lady Liberty facing the left and wearing a pearl crown inscribed with "Liberty." The year of mintage is also inscribed across the bottom.|
|Brief History|| |
The $20 Double Eagle coin traces its beginnings to the California Gold Rush of the 1840s, when the U.S. Treasury was receiving a large amount of gold from the mines. In response, Congress authorized the $20 face value gold coins. The Double Eagle went on to become one the most popular coins in terms of currency in the United States, until they were discontinued in the 1930s. The coin's designer was best known for designing the Indian Head penny.
Today, the Double Eagles are often confused with the Gold Eagle by novice investors. The Gold Eagle, of course, is produced annually by the U.S. Mint for investors. Many unscrupulous dealers will mislead customers into paying ultra-high premiums for the Double Eagle, erroneously claiming they can never be "confiscated" while other coins can be.
|Why Buy?|| |
The $20 Double Eagle gold coin is ideal for both investors and collectors. While the coin's premium is a bit higher than other gold coins produced today, its durable copper alloy construction means the Double Eagle will look shiny for a lifetime and well beyond. You can also own a piece of American history with the Liberty Double Eagle, which will gain value over time, both in terms of the physical gold, as well as the striking design and historic nature of the coin.
Check your dealer's premium before buying and DO NOT be pressured by claims of potential government confiscation.
|Gold Bullion Content||.9675 troy ounces (90% gold, 10% copper)|
|Other Specifications|| |
$20 Liberty Double Eagle Gold Coin
The Liberty Double Eagle coin is one the most durable, yet striking gold coins ever made. Both investors and collectors of gold coins flock to the Double Eagle for these reasons and many more. Gold coins like the Double Eagle can remain shiny for many decadesto come, allowing you to pass this timeless store of value and historic coin on to your heirs.
We invite you to check out our main site today for a current inventory and price of Double Eagle gold coin. Have your Liberty Gold Eagle sent directly to you in just a few clicks, or call our specialists toll-free at (800) 313-3315 weekdays to ask a question or place your order.