Coin Collector

Coin Collector | 40 | www.allaboutcoins.co.uk decided to produce a coin that was twice the weight of the highest denomination coin which was the $10 ‘eagle’ in order to increase monetary output. In the first proper year of production in 1850 Philadelphia, a staggering 1,170,261 coins were produced followed by 2,087,155 the following year! Coronet Liberty Head Issued between 1849 and 1907, the first double eagles were designed by James Barton Longacre and are often referred to as Liberty head or coronet head. They show a bust of the Lady Liberty with the words 90% gold or 0.9 as opposed to the 22ct (0.916 purity) or 24ct gold often seen in modern bullion coins. The addition of 10% or 0.1 copper, raises the overall weight of the double eagle to 33.436g, just over a troy ounce (31.1035g). History of the Gold Double Eagle coin First Minted in 1849, the creation of the double eagle, or rather its timely coordination with the California gold rush that started only the year before, is no accident. Large volumes gold needed to be converted into currency. The mint TO KNOW ABOUT GOLD DOUBLE EAGLE COINS The United States $20 gold coins, known as double eagles, have been described as masterpieces, featuring artwork inspired by the coins of Ancient Greece. Juliana Chard of Chard’s provides an expert collecting guide to these beautiful American classics I ssued between 1849 and 1933, the American gold double eagle coin held a face value of $20. Prior to this the highest denomination coin was the $10 gold eagle. The $20 double eagle is often confused with the much later modern 1oz eagle having been issued from 1986 which holds a $50 face value. Specifications of the gold Double Eagle coin Each double eagle contains 0.9675 troy ounces of gold. Their purity is The two main designs of the Gold Double Eagle, ‘The Coronet Head’ and the ‘St Gaudens Design’