California had just started to settle down with only small groups of settlers moving in every year through the Oregon Trail, when in January 1948 flakes of gold were discovered in the Sacramento River in California. The news of gold discovery changed the history for California and United States alike.More and more people and supplies started rushing into California. The bountifulness of gold changed the future of United States and its monetary system which would never be the same again. Until that time S10 Gold Eagle coins were used in trade and it was also the highest denomination available. The US Mint produced two Double Eagle pattern coins in 1849, of which one resides in the National Numismatic Collection at the Smithsonian Institution in Washington D. The whereabouts of the other is unknown so far. Chief Engraver James Barton Longacre made the design for the coin. This Double Eagle Liberty Head Gold coin was minted for commerce in 1850 with a slight modification in design. It was an instant hit and banks and merchants started using it successfully in local trade and overseas trade. President Franklin Roosevelt's 1933 Executive Order 6102 required people to turn in their gold coins and bullions to the US Treasury during the time of the Great Depression.
A majority of these coins were melted down to make gold bars. Due to their scarcity, they have very high demand by collectors as well as investors. Eligible for Precious Metals IRA. Obverse - A design by James B Longacre, depicts leftward facing Lady Liberty wearing a pearl-studded Coronet with "LIBERTY" inscribed on it.Encircled by 13 stars to represent 13 original colonies of US. At the bottom is year of mintage. Reverse - Features a heraldic eagle with a shield on its breast and holding olive branches and arrows in its talons, design inspired from the Great Seal of United States. Words "IN GOD WE TRUST" surrounded by 13 stars above the eagle. Inscriptions - "UNITED STATES OF AMERICA" and TWENTY DOLLARS. Dates will be chosen randomly and are determined by our available inventory on hand.
Mint issue from the following mints - Philadelphia, Denver, Carson City, San Francisco, or New Orleans. Reasons to Invest In This Beautiful Coin.
The significance, age, and design, adds a collectible value to this coin. The rarity and condition of the coin can fetch a high premium for the coins. Even when the economy is down, the value of gold will still be high. Investing in gold is a sound and profitable choice.
Due to its use in many industries, there is a high demand and value for gold. When stock market crashes gold prices hike.
These coins are considered heirlooms and collector's items, hence there is a protection from seizure by the United States Treasury by Law. Allows you to diversify your investment portfolio.
It is time you made the right choice now so that your investment proves fruitful in the future. Like all of our other gold coins, this one is guaranteed to be 100% authentic. By purchasing from Bullion Exchanges, you are agreeing to all of our Terms and Policies. Bullion Exchanges reserves the right to refuse or cancel any order reviewed by our Compliance Team, which are deemed questionable or have increasing potential risk for being fraudulent.
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Coins that are holdered by one of the major grading companies are graded based on the condition they were in at the time of grading. However, at times, coins do tend to develop spotting or toning which are a normal happenstance in coins. Please keep in mind, the appearance of the toning and/or milk spots does not mean that the coin is not the grade specified on the actual slab. In instances where there is a discrepancy where the customer believes to be unjust, please refer to the grading companys guarantee policy.
Both NGC and PCGS have a program where they will compensate the owner of the current coin if they believe the coin deserves a lower grade than it had originally received. Please note, bullion coins, bars and rounds are mass-produced and are not struck to the same quality standards as collector coins. These bullion products are not certified and therefore will not always be 100% perfect. All sales are final and therefore in cases when a product is offered on a Deal Price, previously locked-in orders for that product will not be subject to price reductions or cancellations.Bullion Exchanges reserves the right to cancel sales that may or may not have typography issues within the listings, pricing inaccuracies, systematic faults by our system, and/or errors caused by eBays system, without further notice. Purchasing bullion and/or coins involves price risk, and the purchaser assumes all such risk. We do not offer or make price adjustments based on the market fluctuations of precious metals, or for any other reason. We will never ask the customer to pay more for a product if the price significantly increased, so please refrain from requesting price adjustments after market prices decrease. The item "$20 Gold Double Eagle Liberty Head Almost Uncirculated AU (Random Year)" is in sale since Monday, June 20, 2016. This item is in the category "Coins & Paper Money\Bullion\Gold\Coins".exchanges" and is located in New York, New York. This item can be shipped to United States.