$20 Gold Double Eagle Coins

Origins of the Double Eagle

The $20 Gold Double Eagle boasts a rich history starting in 1849. The California Gold Rush sparked demand for high-value coins. For example, abundant gold discoveries required a new denomination. Consequently, the US Mint created this iconic coin.

Gold Rush Influence

In 1849, gold flooded California markets. Merchants needed larger denominations for trade. Therefore, Congress authorized the $20 coin. This move supported economic growth during a transformative era.

Design and Artistry

James B. Longacre designed the Double Eagle. He crafted Lady Liberty for the obverse. For instance, her coronet radiates elegance. Moreover, the reverse features an eagle, symbolizing strength, captivating collectors.

Iconic Design Elements

Lady Liberty graces the obverse with a starred coronet. The reverse showcases an eagle with a shield. As a result, the coin’s artistry stands out. This design draws numismatists worldwide.

Production and Legacy

The Mint produced Double Eagles from 1849 to 1933. High mintages initially met demand. However, later restrictions increased rarity. For example, 1933 coins are exceptionally scarce, boosting their value.

Collector Appeal

Collectors prize this gold coin for its history. Rare examples, like 1933 issues, fetch millions. Furthermore, their beauty drives demand. Thus, Double Eagles remain numismatic treasures.