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Home Q&A How much is a Double Eagle dollar worth?
May 23, 2021May 23, 2021Q&A

How much is a Double Eagle dollar worth?

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Table of Contents [hide]

  • 1 How much is a Double Eagle dollar worth?
  • 2 Why are there double eagles?
  • 3 Why are double eagle coins called “Double Eagle”?
  • 4 Are silver dollars made of pure silver?

How much is a Double Eagle dollar worth?

The American Double Eagle has a face value of $20 and was minted 1849-1933. It is 0.9675 troy-ounce of fine gold….Best Value American Gold Double Eagle $20 Bullion.

QTY Wire Transfer Price Per Unit
20+ $1,888

Is it illegal to own a Double Eagle coin?

Currently, with the exception of the one sold on July 30, 2002, 1933 double eagle coins cannot be the legal possession of any member of the public, as they were never issued and hence remain the property of the United States government.

Why are there double eagles?

The term ‘eagle’ is used to describe playing a hole in two-under-par. For example, playing a par-4 in two shots or a par-5 in three shots. Therefore, a ‘double-eagle’ would presumably be twice the value.

Why is it called a double eagle?

A double eagle is a gold coin of the United States with a denomination of $20. (Its gold content of 0.9675 troy oz (30.0926 grams) was worth $20 at the 1849 official price of $20.67/oz.) Since the $20 gold piece had twice the value of the eagle, these coins were designated “double eagles”.

Why are double eagle coins called “Double Eagle”?

Likewise, the double eagle was specifically created as such by name in the Coinage Act of 1849 (“An act to authorize the coinage of gold dollars and double eagles”, title and section 1, March 3, 1849). Since the $20 gold piece had twice the value of the eagle, these coins were designated “double eagles”.

What is the price for a double eagle gold coin?

A 1933 US gold coin has been sold at a Sotheby’s auction in New York City for a record $18.9m (£13.4m). With a face value of $20, the Double Eagle was the last gold coin produced for intended circulation in America.

Are silver dollars made of pure silver?

Generally speaking, United States Silver Dollars dated 1935 or earlier are made from 90% silver, 10% copper – with a total silver content of around 0.77-0.78 troy ounces. However with silver dollars from 1965 onwards, things get more complex.

What does the eagle represent on the silver dollar?

The reverse depicts an eagle in flight carrying an olive branch and arrows , showing strength in both peace and war. The first pressings showed the eagle with eight tail feathers, but later pressings reduced it to seven to keep up with the tradition of showing an odd number of feathers on a U.S. eagle.

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