DOUBLE EAGLE 1849-1866 Coronet
Following a pattern coinage in 1849, the double eagle or $20 gold piece made its debut in circulation in 1850. These pieces are always among the most spectacular to view in any collection. Certainly the finer quality coins have an inherent beauty that causes anyone to marvel at the skill of their designers. Designed by James B. Longacre, the obverse features the compact head of Miss Liberty, her hair tied in a bun, wearing a coronet inscribed LIBERTY. Stars surround, and the date is below.
The reverse consists of an eagle with a squared-off shield on its breast, holding an olive branch and arrows, with ornaments to the left and right, stars and rays above, with the inscription UNITED STATES OF AMERICA, TWENTY D. surrounding. Double eagles of this type were made in large quantities from 1850 onward, although the span is sprinkled with scarce and rare issues.
The type collector will have no difficulty acquiring an example of one of the more plentiful dates in Very Fine to Extremely Fine preservation. AU pieces are scarce. Uncirculated pieces are very scarce, and superb Uncirculated coins are exceedingly rare, although occasionally pieces dated 1861 come on the market. Proofs in all instances are exceedingly rare.
- COIN NAME
- DOUBLE EAGLE 1849-1866 Coronet
- DESIGNED BY
- James Barton Longacre
- ISSUE DATE
- 1849 (pattern); 1850-1866
- 0.900 part gold, 0.100 part copper
- 34 mm
- 516 grains
- BUS MINT
- PROOF MINT
- 375 (estimated)
**The statements made in this website are opinions and past performance is no indication of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. LCI cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer's decision alone, and purchases and sales should be made subject to the customer's own research, prudence and judgment.