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$20 Liberty

Front - 20 dollar Liberty Double Eagle Gold Coin

Description

$20 gold pieces, also called Double Eagles, are the largest gold coins America ever made for general circulation. The denomination came into being as a result of the gold rush in California. There was so much gold flowing into the Treasury; it became obvious that it was more efficient to make one $20 gold coin than two $10 gold coins. Legislation was passed to create both a $20 gold coin and a $1 gold coin. Double Eagles came in two designs; the Liberty minted from 1849 to 1907 and the Saint Gaudens, which was minted, from 1907 to 1933. These two are the most widely traded and collected American gold coins. Double Eagles contain close to one ounce of pure gold with the exact gold content being .9675 ounces.

Valuation

The coins mentioned above are often referred to as numismatic coins as their value varies based on a variety of factors including but not limited to: age, the condition of the coin, mintage amount, demand and popularity. For up to date market pricing and availability please contact Lear Capital directly and ask about our "value pricing" for orders of $20,000 or greater.

COIN NAME
$20 Liberty
DESIGNED BY
James B. Longacre
ISSUE DATE
1849-1866 (Type I); 1866-1876 (Type II); 1877-1907 (Type III)
COMPOSITION
90% gold, 10% copper
DIAMETER
34 mm
WEIGHT
33.436g
EDGE
Reeded

The statements made on this website are opinions only. Past results are no guarantee 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. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. 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.

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