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$20 SAINT GAUDENS DOUBLE EAGLE
Published on June 19, 2009 · Filed under: Gold Coins; Tagged as: $20 St. Gauden Double, Augustus St. Gaudens, etf gld, GLD, president theodore rooseveltCommentsThis gold coin has been considered by many to be one of the most beautiful coins ever created. President Theodore Roosevelt commissioned one of America’s great sculptors, Augustus St. Gaudens, to design and create the highest denomination gold coin of the time.This gold coin the Twenty Dollar gold piece also known as the Double Eagle is placed in the portfolios of investors worldwide for privacy and the guarantee that the United States government cannot go back and make anymore of these coins.With a limited mintage investors know that the value of these gold coins can rise faster than the gold price itself. In fact, a $20 Dollar gold piece dated 1933 was valued at the world record price of $7,590,000 in July of 2002.For household investors interested in incorporating this coin into their gold strategy, coins that are more common dated can be purchased currently in the $900 to $1500 price range. These coins were minted from 1907 through 1933. They provide a hedge against uncertainty and are a great way to get started in the gold market today. This coin was graded MS 65.
The $20 St. Gauden Double (one of our Certified Gold Coins) is one of the most beautiful coins ever created. The coins, minted from 1907 thru 1933 were originally created by President Theodore Roosevelt. At the turn of the 20th Century, Teddy Roosevelt was on a personal mission to beautify the country’s coins. He succeeded. Roosevelt commissioned Augustus St. Gaudens, one of America’s top designers to develop the largest value gold coin available at the time.The Twenty Dollar gold piece (pictured at the right), which is loved the world over by gold enthusiasts, collectors, and investors alike, is also known as the Double Eagle. It is typically purchased as an investment device because of its privacy and the guarantee that the United States government cannot go back and make anymore of these coins.
Unlike typically gold coins (more newly minted coins), gold bullion, or even exchange traded funds based on gold (like GLD) certified gold coins have a limited mintage meaning the value of these gold coins can rise faster and independently of the gold price itself. I$20 Dollar gold piece dated 1933 was valued at the world record price of $7,590,000 in July of 2002.
For household investors interested in incorporating this coin into their gold strategy, coins that are more common dated can be purchased currently in the $900 to $1500 price range. These coins were minted from 1907 through 1933. They provide a hedge against uncertainty and are a great way to get started in the gold market today. This coin was graded MS 65.