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$20 Saint Gaudens Gold Double Eagle Zoom

$20 Saint Gaudens Gold Double Eagle - AU - Random Year

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SKU: 15101

  • The $20 St. Gaudens Double eagle gold coin, which has a $20 face value, is 34.1 mm
    in diameter, contains 0.9675 Gold Troy oz.
  • Produced by the United States Mint from 1907 to 1933 and is considered the most beautiful
    U.S. coin.
  • The gold double eagle is one of the most valuable U.S. coins. In 2002, it is currently known to
    be exchanged in private hands selling for $7,590,020.
  • Saint-Gaudens's original design was reused when adding the admission of Alaska and Hawaii
    to the Union by adding two stars next to the two which Mint Engraver Charles E. Barber had
    added in 1912.
  • Millions of double eagles, including the Saint-Gaudens design, were sent back to the U.S. from
    bank vaults overseas for numismatic and investment purposes once it was legal to do so.


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Product Description


    The Saint-Gaudens $20 Double Eagle coin was created by master sculptor Augustus Saint-Gaudens. Before the the Saint-Gaudens $20 Double Eagle coin, there was the $20 Liberty Double Eagle (which entered circulation for the first time in 1850.)

    The coinage was created as a means of using up an overage in gold supply because of the 1849 California Gold Rush. They were actually never intended for general use in commerce; especially at the time of these coins being created, $20 was easily a month's wage, and it was irrational to carry one's entire month's salary all in one coin that could easily be misplaced or lost. They were instead made from the surplus of gold and used in bigger business transactions, but mainly between banks.

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