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Product Details
Double Eagles have landed!
LP heavy circulation.
This is a $20 Liberty Gold Double Eagle produced by the U.S. Mint between the years of 1850-1907.
Coin Highlights:
- Contains .9675 troy ounces of gold.
- Front obverse side (heads): Features a classic depiction of Lady Liberty's head, crowned with a coronet inscribed with the word "LIBERTY." The outer edge is encircled with thirteen stars representing the original colonies, and the minting year is displayed at the bottom.
- Back reverse side (tails): Showcases a heraldic eagle with a shield on its chest, clutching an olive branch and arrows, symbolizing peace and military readiness. Surrounding the eagle are the inscriptions "UNITED STATES OF AMERICA" and "TWENTY DOLLARS," along with the phrase "IN GOD WE TRUST" (added to the design in 1866). If applicable, a small S or D representing U.S. Mint locations.
- Reeds (edges): Reeded.
- Authentic and Historical American Gold Coin.
Don't forget coin capsules!
Liberty Gold Coins Pre-1933
The $20 Liberty Gold Double Eagle, minted from 1849 to 1907, is not just a coin but a piece of American history, particularly significant due to the events of 1933. In that year, the U.S. government, in an effort to stabilize the economy during the Great Depression, recalled gold coins for melting and prohibited their private ownership. This move, while intended to combat economic crisis, marked a departure from the gold standard, paving the way for the modern era of currency not backed by physical commodities, and is often linked to long-term inflationary trends.
For those concerned about the current state of uncontrollable inflation, the Liberty Gold Double Eagle represents an era of tangible value. Owning one of these coins is not just a nod to a time when currency was backed by gold, but also a strategic move in preserving wealth against the volatility of paper money. In today's economy, where the value of currency can fluctuate wildly, investing in a Liberty Gold Double Eagle offers a sense of security and stability, harking back to a time before hyperinflation and offering a tangible asset in an increasingly intangible financial world.