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$20 liberty gold double eagle - ms-62 pcgs/ngc dates our choice - MS-62 reviews, prices and ethical sellers

Ethical Sellers of $20 liberty gold double eagle - ms-62 pcgs/ngc dates our choice - MS-62

$20 liberty gold double eagle - ms-62 pcgs/ngc dates our choice sold by texmetals.com for $2298.75

Item description
The $20 Liberty Gold Double Eagle - MS-62 is a .9675 troy ounce 90% fine gold coin minted by the United States Mint and sold by Texas Precious Metals.


A Double Eagle is a gold coin of the United States with a denomination of $20. (Its gold content of 0.9675 troy oz 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. The "Eagle", "Half Eagle", and "Quarter Eagle" were specifically given these names in the Act of Congress that originally authorized them ("An Act establishing a Mint, and regulating Coins of the United States", section 9, April 2, 1792). Likewise, the Double Eagle was specifically created as such by name ("An Act to authorize the Coinage of Gold Dollars and Double Eagles", title and section 1, March 3, 1849). The first Double Eagle was minted in 1849, coinciding with the California Gold Rush. In that year, the mint produced two pieces in proof. The first resides in the Smithsonian Institution in Washington, D.C. The second was presented to then Treasury Secretary William M. Meredith and was later sold as part of his estateโ€”the present location of this coin remains unknown. In 1850 regular production began and continued until 1933 (when the official price of gold was changed to $35/oz by the Gold Reserve Act). Prior to 1850, Eagles with a denomination of $10 were the largest denomination of US coin. $10 Eagles were produced beginning in 1795, just two years after the first U.S. mint opened. Since the $20 gold piece had twice the value of the Eagle, these coins were designated "Double Eagles". In 1850, the Double Eagle had the purchasing power of $1200 today. Source: Wikipedia




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Charities description: The American Numismatic Association is a nonprofit educational organization dedicated to educating and encouraging people to study and collect coins and related items. The ANA serves the academic community, collectors and the general public with an interest in numismatics.

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