A $7,590,020 gold coin – Double Eagle

A $7,590,020 gold coin – Double Eagle

The Double Eagle coin is a gold coin that was produced by the United States Mint from 1850 to 1907, and again in 1933. The coin is named after the eagle, a symbol of the United States, which appears on the reverse (back) of the coin. 

The coin is also known as the “Coronet head” because of the design on the obverse (front) of the coin, which features a bust of Lady Liberty wearing a coronet. The Double Eagle was produced in several denominations, including $1, $2.50, $3, $4, and $20. The $20 denomination is the most well-known and is the largest gold coin ever produced by the United States Mint. It is also one of the most valuable coins in the world, with some specimens selling for millions of dollars. 

The $20 Double Eagle gold coin is one of the most valuable coins in the world, with some specimens selling for millions of dollars. The coin is made of gold and weighs around 1.07 ounces (33.4 grams). It was produced by the United States Mint from 1850 to 1907, and again in 1933. The coin’s value is based on a combination of factors, including its rarity, condition, and historical significance

One of the most famous Double Eagle coins is the 1933 Double Eagle, which was never issued to the public. Only a small number of these coins were made, and most were later melted down by the government. However, a few coins managed to escape this fate and have since become some of the most valuable and sought-after coins in the world. In 2002, one of these 1933 Double Eagles was sold at auction for over $7 million, setting a record for the most expensive coin ever sold at the time.

The 1849 Double Eagle coin, which is a $20 gold coin that was produced by the United States Mint in 1849. The value of this coin, like all coins, is based on a combination of factors, including its rarity, condition, and historical significance.

The 1849 Double Eagle is considered a valuable and sought-after coin by collectors due to its rarity and historical significance. It was minted during the California Gold Rush, which began in 1848 and led to a significant increase in the production of gold coins in the United States. Many of the 1849 Double Eagle coins were shipped to California and were used as currency in the gold fields. As a result, they were heavily circulated and many were lost or damaged over time, making surviving examples of the coin relatively scarce today.

In addition to its rarity, the 1849 Double Eagle is also valuable because it is made of gold. The coin’s value is therefore based, in part, on the value of the gold it contains and its rarity.

Overall, the 1849 Double Eagle is a valuable and highly sought-after coin among collectors and is likely to command a high price when it is offered for sale.

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