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St Gaudens 20 Double Eagles

St Gaudens 20 Double Eagles Quick Facts

St Gaudens $20 Double Eagle gold coins are a part of American history that were minted from 1907 until 1933. The world was on the gold standard during this era and many countries, including the US Mint, issued gold coins that were widely recognized and trusted. The $20 Double Eagle gold coin was primarily a trade coin and a savings vehicle for the wealthy. Although many coins were lost during the gold confiscation in 1933, many coins were stored for decades in overseas vaults.

Today, these coins are a trusted store of wealth due to the intrinsic value of the gold content. Each St Gaudens Double Eagle was minted with .9675 troy ounces of 21.6k gold, or .900 purity. A small amount of copper was added to add strength for circulation. As a tangible investment, Pre-1933 gold coins are highly liquid. The market for these coins spans both investors and collectors.

Sadly, millions of $20 St Gaudens coins were melted into bars when the U.S. government recalled the gold and continue to be stored in Fort Knox. The ones that have survived, carry some numismatic premium due to their rarity, especially those in higher grades or with specific mint marks or low mintage years.

Buying third-party graded coins provides a level of authentication not found in raw coins. Many consider NGC and PCGS to be the leading grading services. Both have existed for decades and are widely trusted by the numismatic community as well as bullion investors.

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