20 Dollar Gold Coin

The 1933 double eagle (United States 20-dollar gold coin) currently holds the record for the second highest price paid at auction for a single U.S. coin when it was purchased for US$7.59 million. 445,500 specimens of this Saint-Gaudens Double Eagle were minted in 1933, the last year of production for the Double Eagle, but no specimens ever officially circulated and nearly all were melted down, due to the discontinuance of the domestic gold standard in 1933.


A Double Eagle is a gold coin of the United States with a denomination of $20. (Its gold content of 0.9675 troy oz was worth $20 at the then official price of $20.67/oz). The coins are made from a 90% gold (0.900 fine = 21.6 kt) and 10% copper alloy.

Although the "eagle"-based nomenclature for gold U.S. coinage is often assumed to be a nickname, the "eagle," "half-eagle" and "quarter-eagle" were specifically given these names in the Act of Congress that originally authorized them ("An Act establishing a Mint, and regulating Coins of the United States", section 9, April 2, 1792). Likewise, the Double Eagle was specifically created as such by name ("An Act to authorize the Coinage of Gold Dollars and Double Eagles", title and section 1, March 3, 1849).


Gold coin dollars from various eras will consistently book for prices which are frequently changing. The trend these days is an upward trend as gold continues to increasingly be looked upon as the choice investment offering the ability to hedge against the decline in the US dollar. The collectible aspect stems from not only the active coin collectors but those who seek to invest in gold and who can ultimately see beyond the dollar value and into the art which has gone into old coins like the 1904 $20 Liberty Head Double Eagle gold coin.
The 1898 gold coin is another fine example of not only significant collectability but quality and rarity as well. It used to be that we would find these when we least expected to as in unlikely locations while traveling.
A 1908 Saint-Gaudens $20 Double Eagle coin with no motto on reverse in a mint state of AU-50 is worth: $975.00; if this coin does have the motto on revese, its value in a mint state of AU-50 is also: $975.00.
The twenty dollar liberty coin Gold has always been a symbol of prosperity since ancient times. It has been also considered as a source which is reliable for purchasing. As we see that even during economic duress a large number of people invest in the twenty dollar liberty gold coin. A large number of people are attracted to investing in the liberty gold coins.
The most gifted designer in the history of U.S. coinage never lived to see his magnificent $20 gold coins enter circulation. Augustus Saint-Gaudens died on August 3rd, 1907, three months before his first pieces were struck.

Saint-Gaudens’ pupil Henry Hering and President Theodore Roosevelt were the two people most directly responsible for the completion of Saint- Gaudens work. Roosevelt himself chose the standing liberty obverse and flying eagle reverse for the new $20 gold piece from a group of designs submitted by Saint- Gaudens.

The most expensive of the group in all grades is the 1907-P HR. Even with a MS63 population of 1,654 coins it cost $23,500. MS64’s and MS65’s run about $31,000 and $50,000 respectively. It’s a very popular date because of its beauty, low mintage, high relief striking and first year issuance. A perpetual demand accounts for its higher price to population ratio.