Additional Information and Historical Significance:
The original $20 Gold Liberty Head (also known as the “Double Eagle”) was first introduced in 1849. Until then, the U.S. Mint produced only $2.5, $5, and $10 denominated coins. It was the discovery of gold at Sutter’s Mill, and the ensuing California Gold Rush, that prompted congress to authorize the mintage of the legendary $20 Gold Liberty Double Eagle. Over the ensuing 58 years of issuance, 1849-1907, the $20 Gold Liberty Head underwent multiple design changes. The Type I “No Motto” variety was minted from 1849-1866, the Type II “Twenty D” variety was issued from 1866-1876, and the final, and most common, Type III “Twenty Dollars” variety was minted from 1877-1907. The Gold Double Eagle offers the highest gold content of any regular issue U.S. gold coin of its era. The purchasing power of a Gold Double Eagle in the 1800s would be equivalent to about $270-$300 today.
The Gold Double Eagle has been valued as American keepsake ever since its initial release in 1849. It is seen by many collectors and investors as the King of American Coinage and a testament to American prosperity. The $20 Gold Liberty Head is one of the most commonly traded Pre-1933 U.S. gold coins and continues to be in high demand by investors and collectors throughout the world. Many investors select certified Pre-1933 U.S. Gold coins over modern gold bullion due to the historical significance and collectability of the coins. Historically, certified pre-1933 U.S. Gold coins retain their value better when the spot price of gold falls and appreciates in value when the spot price of gold rises. Certified Pre-1933 U.S. Gold coins are a great way to invest in the gold market and the collectibles market, with a single product.
The obverse portrays a classic, left-facing, Greek rendering of Miss Liberty. The reverse depicts a fearless American bald eagle, with outstretched wings, clutching an olive branch and arrows in its talons.
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