$20 Liberty Head Gold Double Eagles

Shop$20 Liberty Head Gold Double Eagles

While modern circulating American coins are made using inexpensive base metals, the United States Mint once produced a range of gold coins for general circulation.

These coins are often called pre-1933 gold, since the production of circulating gold coins ceased in 1933. Because of their precious metals content and relative rarity, pre-1933 gold coins are valuable to collectors and can be worth hundreds of times their face value.

The $20 Liberty Head Gold Double Eagle is one of the most iconic pre-1933 U.S. gold coins. Struck from 1850 until 1907, the $20 Liberty Head Gold Double Eagle was produced in various U.S. Mint facilities and features a range of different mintages.

Its iconic designs make it a favorite among gold collectors, and high mintage figures during common-date years have made the coin a surprisingly accessible entry point for new pre-1933 gold investors.

Hero Bullion is proud to offer a range of different $20 Liberty Head Gold Double Eagles, including raw and certified specimens. Shop Liberty Head Double Eagle Gold Coins with Hero Bullion to take advantage of competitive pricing, fast shipping, free shipping on qualifying orders, and more!

About the $20 Liberty Head Gold Double Eagle

The $20 Liberty Head Gold Double Eagle was a U.S. coin minted for general circulation from 1850 until its discontinuation in 1907. Like other circulating American coins, the Liberty Head Gold Double Eagle is minted with 90% pure gold.

Much like other 19th and 20th century American coins, the $20 Liberty Head Gold Double Eagle depicts Lady Liberty on the obverse and an American bald eagle on its reverse. Today, the coin’s iconic designs have made it popular among investors, while gold investors enjoy the reasonable premiums the coin typically offers.

The United States Mint

The $20 Liberty Head Double Eagle Gold Coin is one of several gold coins produced by the United States Mint for general circulation. During the 19th and early 20th centuries, U.S. coins were required to depict an image “emblematic of liberty” on the obverse, as well as representation of a bald eagle on the reverse.

In 1792, the United States Mint was established with the passage of the Coinage Act of 1792, which both set the groundwork for our nation’s coinage and stipulated how coin designs were to be developed. 58 years later, the U.S. Mint began producing the $20 Liberty Head Gold Double Eagle Coin, which was the largest denomination gold coin minted in the U.S.

$20 Liberty Head Gold Double Eagle History and Details

The Liberty Head Double Eagle was the first $20 denomination gold coin minted in the United States. This popular pre-1933 gold coin was minted from 1850 until 1907, at which point it was replaced by the Saint Gaudens Double Eagle Gold Coin.

Upon release, the $20 Liberty Head Gold Double Eagle was immensely popular. It benefited from the growing popularity of American gold coinage internationally, and the coin was also used domestically within the American banking system.

Over 175 years since its initial release, the $20 Liberty Head Gold Double Eagle remains a cornerstone of American gold coin collections. Its unique place in U.S. coinage history, iconic designs, and pure gold content make it highly popular with collectors everywhere.

Design and Specifications

Minted with 90% pure gold and a total gold weight of 0.975 troy ounce, the $20 Liberty Double Eagle Gold Coin was the largest denomination of gold coin ever minted at the time. Its denomination would not be surpassed until the release of the Panama-Pacific $50 gold coin in 1915.

The obverse of the coin depicts Lady Liberty’s head, which was the standard for American gold coinage in this era of the U.S. Mint. Here, she appears with curled, flowing hair and a “Liberty” headband. Thirteen stars surround Lady Liberty’s head, and the coin’s date sits below her.

On the obverse, the coin shows the Heraldic Eagle of the United States. “In God We Trust” appears above the eagle, and it holds a bundle of arrows in its talons. The coin’s denomination appears below the eagle, and “The United States of America” is at the top of the coin.

The $20 Liberty Gold Double Eagle Coin is often compared to the $20 Saint Gaudens Double Eagle, which replaced it after its discontinuation in 1907. Both coins represent some of the very best of American coinage, and both of these coins are highly popular among modern coin collectors and gold investors.

The Liberty Head Double Eagle Gold Coin – Historical Overview

Part of the allure of the Liberty Gold Double Eagle Coin comes from its history. In addition to being the first $20 denomination gold coin produced by the U.S. Mint and the largest denomination of gold coin produced prior to 1915, it helped usher in a new era of popularity for American gold coinage.

The history of the iconic Liberty Head Double Eagle began in 1836, when a newspaper in Philadelphia called on the U.S. Mint to produce a $20 gold coin. Other business leaders echoed this request, with some experts arguing that a larger gold coin would benefit the adoption and trade of U.S. gold internationally, which had already been growing in the early 19th century.

The beginning of the California Gold Rush in 1848 helped spur the creation of the $20 gold coin, due to the influx of new gold available to the U.S. Mint’s facilities. After considerable back-and-forth among mint employees, the final coin was designed in 1849 by Chief Engraver James B. Longacre.

In 1850, the Liberty Gold Double Eagle Coin was released into circulation with a face value of $20. The coin was an instant hit domestically, and it enjoyed considerable use internationally as a medium of exchange.

This coin’s popularity persisted for decades until its removal in 1907. One year later in 1908, the Saint Gaudens Double Eagle replaced it as the nation’s sole $20 circulating gold coin. Over 175 years later, the original $20 U.S. gold coin remains a favorite among collectors and investors.

About Pre-1933 U.S. Gold Coins

Gold coin production in the United States was halted in 1933 under Franklin D. Roosevelt. Coins minted before this date are often called pre-1933 gold coins, and they’re a popular choice for investors who want a mix of numismatic value and gold content in their collections.

Many pre-1933 gold coins sell at higher premiums than modern bullion coins, depending on their condition, age, rarity, and other factors. That being said, investors can sometimes find pre ‘33 U.S. gold coins at substantial discounts, especially those that are in less-than-perfect quality.

The $20 Liberty Gold Double Eagle Coin is a pre-1933 U.S. gold coin. The coin is composed of 90% pure gold, and its historical value makes it an excellent choice for investors who enjoy both gold content and collectability.

Shop Liberty Head Double Eagle Gold Coins Online | Hero Bullion

Hero Bullion is proud to offer a large inventory of Liberty Gold Double Eagle Coins for sale. On our site, you can shop slabbed coins, graded coins, random dates, and more from this historic series of American gold coins.

Take advantage of industry-leading prices, an extensive selection of in-stock products, free shipping on qualifying orders, and more when you shop $20 Liberty Gold Double Eagle Coins online with Hero Bullion!