United States Of America 20 Dollar Gold Coin
Introduction
The United States of America 20 Dollar Gold Coin is a historic and valuable coin that has been cherished by collectors and investors for over a century. Also known as the Double Eagle, this coin is a symbol of American excellence and prosperity.
History
The United States of America 20 Dollar Gold Coin was first minted in 1849 during the California Gold Rush. The coin was designed by James B. Longacre, who was the chief engraver at the United States Mint at the time. The coin was initially intended to be used for large transactions, such as international trade.
During the early 20th century, the United States of America 20 Dollar Gold Coin became a symbol of American wealth and power. However, in 1933, President Franklin D. Roosevelt issued an executive order that required all gold coins to be turned in to the government. This was part of a plan to stabilize the economy during the Great Depression.
As a result, many of the United States of America 20 Dollar Gold Coins were melted down, and only a few examples remained in circulation. In 1986, the United States Mint began producing a new version of the coin, which is still being minted today.
Design
The United States of America 20 Dollar Gold Coin features a classic design that is both elegant and iconic. The obverse features a portrait of Lady Liberty, who is wearing a coronet inscribed with the word "Liberty". The reverse features a bald eagle, which is holding an olive branch and arrows in its talons.
The coin is made of 90% gold and 10% copper, which gives it a distinctive color and durability. The coin weighs 33.436 grams and has a diameter of 34.1 millimeters.
Value
The value of the United States of America 20 Dollar Gold Coin depends on a variety of factors, including its rarity, condition, and historical significance. Some coins can be worth hundreds of thousands of dollars, while others may be worth only their weight in gold.
If you are interested in buying or selling a United States of America 20 Dollar Gold Coin, it is important to work with a reputable dealer who can help you navigate the market and ensure that you are getting a fair price.
Conclusion
The United States of America 20 Dollar Gold Coin is a historic and valuable coin that has played an important role in American history. Whether you are a collector, investor, or simply appreciate the beauty and craftsmanship of this iconic coin, it is a symbol of American excellence and prosperity that will continue to be treasured for generations to come.