The United States twenty dollar Double Eagle gold coin is the largest denomination coin America produced prior to 1986, when the 50 dollar American Gold Eagle was released. Unlike the American Gold Eagle, which is a one troy ounce of gold generally minted for investors and coin collectors, the 20 dollar Double Eagle gold coin was minted for the purposes of being circulated and used as legal tender in the purchasing of goods and services. The Double Eagle gold coin has a storied past that paralleled expansion within the continental United States. First minted in 1849 on the heels of the rich gold discovery at Sutter’s Mill in Northern California in 1848, the Double Eagle gold coin became an iconic status symbol for westward bound adventurers looking to stake their claim to untold riches.
The initial design of the Double Eagle gold coin coincided with the coinage of that era, employing the young matron head representing liberty on the obverse, or front, of the coin and the standard American eagle in flight with the shield on the reverse, or back, of the coin. Although minor adjustments were made and rare varieties minted, this design of the Double Eagle gold coin lasted until early into the twentieth century. The second and last design of the American Double Eagle gold coin was that of Augustus Saint-Gaudens, who arguably created the most beautiful coin America has ever produced, the Saint-Gaudens twenty dollar Double Eagle gold coin. Minted between 1907 and 1933, the Saint-Gaudens Double Eagle gold coin stands as a pinnacle of design and beauty mixed with functionality.
With a forward facing walking liberty on the obverse and and eagle in flight over a sun with rays on the reverse, this Double Eagle gold coin has many specimens that are quite desirable in the numismatic world, including one of the most costliest coins in the coin collecting hobby: the 1933 Saint-Gaudens Double Eagle gold coin, worth well into the millions due to it’s scarcity and the history of controversy surrounding the outlawed coin.
However, most of these coins still fall into the category of coins that trade for their gold content as many of these Double Eagle gold coins still persist on the open markets. At Nevada Coin & Jewelry, our coin professionals are well versed in analyzing the Double Eagle gold coin in great detail. If you have a Double Eagle gold coin and are in the market to sell, just come in to any of the Nevada Coin & Jewelry locations serving the Las Vegas Valley and let our highly respected coin experts work with you today.