In 1850, following the previous year's California gold rush, the U.S. Mint struck the first $20 Liberty Gold Double Eagle. The coin was produced from then until 1907, when President Theodore Roosevelt ordered a redesign of the coin, which resulted in the Saint-Gaudens design. However, this first Double Eagle also had a beautiful design, created by James B. Longacre.
Also called the Liberty Head or Liberty Coronet Double Eagle, the Longacre design is far less common than the Saint-Gaudens Double Eagle. This is partly due to its age, but also involves the fact that the Liberty Head is a much more classic design often considered old-fashioned by modern collectors. On the other hand, a part of the reason to collect Gold Coins like the $20 Liberty Gold Double Eagle AU is to hold onto a piece of history. In this regard, the Liberty Coronet Double Eagle is an excellent choice.
Made of 0.9675 troy ounces of .900 pure Gold, the Liberty Gold Double Eagle has often been melted for its Gold content. So, the coin is much rarer than it once was. Collectors who prefer the Coronet Liberty Head enjoy its unusual artwork, including Lady Liberty wearing a hair band that proclaims "Liberty," along with 13 stars for the 13 original American colonies. In addition, the first Double Eagles did not have the motto "In God We Trust," which was only added later, in 1866.
GMRgold offers the $20 Liberty Gold Double Eagle AU as a random year selection, making each shipment of the valuable coins a pleasant surprise. To learn more about it as well as other Gold and Silver coins and bars, call our GMRgold Precious Metals Investment Experts at 1 (877) 795-9585.