Monday, July 26, 2010

Double Eagle Gold Coin

The Double Eagle coin is a US $20 gold coin which was issued last 1907-1933. This gold coin was designed by Augustus Saint Gaudens with the participation of President Theodore Roosevelt. The coin has a dimension of 34mm in diameter and 2mm in thickness, with a weight of 33.436 grams. In the spring of 1933, there are 455,500 double eagles melted but two 20 dollar gold coins were able to be set aside.

Saint Gaudens designed the obverse of the Double Eagle gold coin, with Lady Liberty holding a torch of freedom and an olive branch with the US Capitol in the background. The inscription of the obverse says “Liberty” and the year it was minted.



The reverse design of the gold coin has an inscription "United States of America," "Twenty Dollars" and "In God We Trust" and shows a Bald Eagle flying with the sun and its rays in the background. The gold coin was minted without a motto “In God We Trust”, but an act was passed in the congress requiring the use of the motto so Saint Gaudens re-designed the coin and included the motto.

The Double Eagle gold coin contains 90% gold and 10% copper, which is equivalent to 30.093 grams as its gold content. It currently holds the record for the second highest priced for a single US gold coin. These Double Eagle gold coins were recently exhibited in the "Money and Medals Hall" at the National Museum of American History.




5 comments:

  1. Hello,
    I have a silver Saint Gaudens coin that I have searched the web for without any luck. It doesn't have the double eagle on the back, but a single eagle on what I believe is an olive branch. On the front it is undated. I have found many that are similar with the difference being either a "Winchester" or "Silvertown" marking on them. Mine does not have either. I have had the coin for over 20 years and was wanting to know if it's worth holding onto for the kids, or even the silver value, which I am sure would be worth it alone in time. I forgot to mention that it does state "One ounce .999 fine silver" on the back.

    Thanks in advance for any help. Please let me know if you would like me to e-mail you some pictures.

    - Shawni

    ReplyDelete
  2. I like to collect gold coins.I really found of krugerrands and now want to invest in Double Eagle coin.Either Double Eagle coin has great value and liquidity.Krugerrands

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  3. I really liked about the gold coins and I also have some gold coin collection, but when I saw the gold coin of your article, I was amazed so captivating double eagle gold coins this. Thank you for providing very interesting information.

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