Liberty Head $20 Gold Coin (Double Eagle)

The Liberty Head $20 gold coin, also known as the Double Eagle, was introduced following the massive influx of gold from California in the late 1840s.

Minted from 1850 to 1907, it played a pivotal role in converting gold bullion into currency and facilitating large financial transactions. The coin's obverse was designed by James B. Longacre, featuring an enlarged Liberty head, while the reverse displayed a heraldic eagle.

With nearly an ounce of pure gold, the coin has become both a historical and numismatic treasure.

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Historical Context

The Liberty Head Double Eagle was born out of the California Gold Rush, which necessitated the minting of larger denominations.

The U.S. Mint first produced the coin in 1850, with subsequent mints including New Orleans, San Francisco, and Carson City. It underwent three major design modifications, with changes mainly to the reverse, and was minted until 1907.

Its production, particularly in San Francisco, provided a valuable means for international transactions in an era wary of paper money.

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Specifications:

Size: 34 millimeters (diameter)
Denomination: $20
Gross Weight: 33.436 grams
Actual Gold Weight: 0.9675 troy ounces
Fineness/Composition: 90% gold, 10% copper
Diameter: 34 millimeters
Thickness: 2.41 millimeters
Specific Gravity: 17.16

Coin Description:

The obverse of the coin showcases Liberty wearing a pearl-bordered diadem inscribed with "LIBERTY." The reverse features a heraldic eagle with outstretched wings and an arc of rays above it, symbolizing power and patriotism. The denomination and the motto "IN GOD WE TRUST" appear on the reverse, reflecting America's evolving values.

The design is noted for its classical Greco-Roman inspiration, and it was struck in three variations: Type 1 (no motto), Type 2 (with "IN GOD WE TRUST"), and Type 3 (with denomination "TWENTY DOLLARS").

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Cultural and Numismatic Significance:

The Liberty Head $20 gold coin stands as a symbol of America's rapid expansion during the 19th century, fueled by the California Gold Rush. It represents one of the largest gold denominations circulated and was highly valued for its substantial gold content. Notably, certain issues like the 1854-O, 1870-CC, and proof-only strikes are considered rarities in numismatics, fetching high prices. The coin's large size and high gold content also make it a popular choice for modern gold investors.

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Numismatic Value:

The Liberty Head $20 gold coin is highly sought after, with prices ranging based on rarity, condition, and mintmark. Rare issues like the 1854-O and 1870-CC can command six-figure prices. More common coins from the later years, especially those struck between 1894 and 1907, are often valued at or near their gold content.

Free Appraisal With No Obligation To Sell

Take the first step toward selling your silver coins by getting a free appraisal today. Our process is designed to be transparent, convenient, and stress-free, giving you the confidence to sell when you’re ready.

At Coinfully, we’re committed to helping you get the most for your silver coins—all from the comfort of your home.

Frequently Asked Questions (FAQs)

How do I know I’m getting a fair price for my silver coins?

At Coinfully, we pride ourselves on transparency. Our appraisals are based on the current market value of silver, including the silver content of your coins, and the numismatic value of collectible coins. We provide a detailed explanation of how we arrive at your offer, ensuring that you’re fully informed and confident in the price you receive.

Is my shipment insured when I send my coins to Coinfully?

Yes, we provide full insurance coverage for your shipment. Whether you’re sending silver bullion coins, junk silver coins, or American Silver Eagle coins, your coins are protected throughout the entire shipping process, giving you peace of mind that your valuable items are safe.

What types of silver coins does Coinfully buy?

We buy all types of U.S. silver coins, including American Silver Eagle coins, silver dollar coins, silver bullion coins, junk silver coins, and other collectible coins. No matter the type or condition, we’re interested in purchasing your coins, whether you’re looking to sell silver coins for melt value or as collectible items.

What if I’m not ready to sell after receiving an appraisal?

There’s no obligation to sell your coins after receiving an appraisal from Coinfully. We offer a free, no-pressure appraisal service to help you understand the value of your collection. You can decide to sell when you’re ready, without any pressure from us.

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