Dollar 20 Gold Coin

Double eagle coins hold the highest gold content of any regularly issued u s.

Dollar 20 gold coin.

What these coins were minted for. Mint from 1907 to 1933. The original liberty design was minted for more than 50 years. Gaudens are the largest coins produced 1849 1933 by the u s.

The massive opening and development of new gold mines led to a massive influx of prospectors. A double eagle is a gold coin of the united states with a denomination of 20. Twenty dollar gold coins were first issued by the united states mint in 1849. Collectors and dealers look for a coin with the least amount of abrasions and pay a premium for coins in better condition.

20 dollars 1927 us gold coin in our catalog. The last year that the mint made 20 gold coins for circulation was 1933. Mint for general coinage. The issue of twenty dollar gold coins in 1849 was preceded by the so called gold rush.

Permission was granted in 1849 and the 20 gold piece entered circulation in 1850. Saint gaudens 20 gold coin 1907 1933 the saint gaudens 20 double eagle is one of the most sought after gold coins on the market today. They created tent camps and even small settlements near them. 20 gold coin design several changes were made to the design during the years the series was in production.

Twenty dollar liberty gold coin specs the 20 liberty head gold coin and its successor the st. Liberty 20 gold coin 1850 1907 produced for more than 50 years the 20 liberty gold coin is one that had an extremely high face value for its day. Its gold content of 0 9675 troy oz 30 0926 grams was worth 20 at the 1849 official price of 20 67 oz the coins are made from a 90 gold 0 900 fine 21 6 kt and 10 copper alloy and have a total weight of 1 0750 troy ounces 33 4362 grams. While that is only a 74 year span more than one hundred different types of 20 gold coins exist when you factor in all of the different denominations designs and mint marks.

The california gold rush of 1848 prompted congress to authorize the mintage of the 20 dollar coin. At the time the coin s face value more closely coincided with the spot price of gold but now the inherent value of these coins in gold is far greater than ever before. This is why it retains its designation to this day as a 20 coin. In 1912 the number of stars surrounding lady liberty on the obverse changed from 46 to 48 when new mexico and arizona became states.

The twenty dollar gold piece is a large heavy coin easily bumped and bruised. The coins issued from 1907 1908 do not include the motto in god we trust which wasn t added until later. However the coin is actually made of a gold copper alloy that consists of only 90 gold and 10 copper giving the coin a total weight of 1 0750 troy ounces or 33 4362 grams. The coin is named after its designer augustus saint gaudens and is widely regarded as one of the most beautiful u s.

In 1849 gold was valued at 20 67 per ounce hence making the coin at that time worth 20.