Double Eagle 20 Dollar Gold Coin 1907 Value
The Double Eagle 20 Dollar Gold Coin 1907 was minted by the United States Mint in Philadelphia, Denver, and San Francisco. It was designed by the famous American sculptor, Augustus Saint-Gaudens, and was produced from 1907 to 1933. The coin is made from 90% gold and 10% copper and has a weight of 33.436 grams.
History of the Double Eagle 20 Dollar Gold Coin 1907
The Double Eagle 20 Dollar Gold Coin 1907 was introduced during a time when the United States was experiencing a period of economic growth. The coin was created as a response to the increasing demand for gold coins in the United States. It was also designed to replace the Liberty Head Double Eagle, which had been in circulation since 1849.
Augustus Saint-Gaudens was commissioned by President Theodore Roosevelt to design the new coin. Saint-Gaudens was a renowned sculptor who had previously designed the Sherman Monument in New York City and the Adams Memorial in Washington, D.C. He was chosen because of his reputation as a master of classical sculpture and his ability to create realistic and lifelike designs.
The Double Eagle 20 Dollar Gold Coin 1907 was in production from 1907 to 1933. During this time, over 400 million coins were produced. The coin was discontinued in 1933 due to the government's decision to end the gold standard.
Design of the Double Eagle 20 Dollar Gold Coin 1907
The Double Eagle 20 Dollar Gold Coin 1907 is considered to be one of the most beautiful coins ever produced by the United States Mint. It features a design that is a departure from the traditional Liberty Head design that had been used for over 50 years.
The obverse of the coin features a full-length figure of Lady Liberty holding a torch in her right hand and an olive branch in her left hand. The background features the rays of the sun, which represent the dawn of a new day. The reverse of the coin features a majestic eagle flying over a sunrise.
Value of the Double Eagle 20 Dollar Gold Coin 1907
The value of the Double Eagle 20 Dollar Gold Coin 1907 varies depending on a number of factors, including its condition, rarity, and historical significance. As of August 2021, the value of a Double Eagle 20 Dollar Gold Coin 1907 can range from around $2,000 to over $100,000.
The value of the coin is largely determined by its grade, which is a measure of its condition. Coins that are in excellent condition are worth more than coins that are in poor condition. The rarity of the coin is also a factor in its value. Coins that are rare or have a low mintage are worth more than coins that are common.
Conclusion
The Double Eagle 20 Dollar Gold Coin 1907 is a beautiful and valuable coin that has a rich history. It was designed by one of the most famous American sculptors, Augustus Saint-Gaudens, and was produced during a time of economic growth in the United States. The coin is made from 90% gold and 10% copper and has a weight of 33.436 grams. Its value varies depending on its condition, rarity, and historical significance. If you are lucky enough to own a Double Eagle 20 Dollar Gold Coin 1907, it is important to take good care of it to preserve its value.