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.

How to purchase gold coins | Buy gold bullion coins

The need to buy gold coins is not hard to understand; compared to other gold materials there is in the world. It is also easy to understand the demand of owning gold coins as an investment. If you decide on owning gold coins as an investment, you should buy gold bullion coins.

There are several reasons why the need to purchase gold coins is taken into consideration. For one thing, inflation is driving the price of gold ever higher. So owning gold coins is a practical investment.

Here are some things to take into considerations on how you buy gold bullion coins.

1. Do you buy gold coins for enjoyment? Or for your personal investments. Keep in mind that in buying gold coins, you have to know the purpose why you buy gold coins. If you buy gold bullion coins for investment, it can be easier to sell than say, a gold bar, or a gold jewelry.

2. If you buy gold coins as an investment, how will you know and guarantee the content and quality of gold in your gold coins? If you are not sure whether the gold coin that you bought is the real thing, just consult an expert to clear your doubts. There a lot of reputable gold coin dealers in the market. You just have to choose which is convenient for you.

3. Determine how much you are capable of spending if you buy gold bullion coins. The monetary value of gold coins depends on the gold content of your coin. A 0.25 oz gold coin differs from a 0.5 oz gold coin. The greater the gold contents of the coin, the higher its price. You pay less when you buy gold bars in the same amount with gold coins. But selling gold bars has many challenges than selling gold coins.

4. Before you purchase gold coins, you have to know the spot price of gold per troy ounce (the unit of measurement for gold). There are a lot of resources to know the current price of gold. You would want to get the best value for your gold coin when the time comes that you need to sell them.

You can use these tips when you purchase gold coins where ever you are located in the world. Gold coins are a good investment – so buy gold coins now.

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