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The Saint Gaudens $20 Gold Coin (1907-1933) Double Eagle coin contains .9675 troy ounces of gold bullion. The melt value of one Saint Gaudens $20 Gold Coin (1907-1933) Double Eagle coin is $1677.55 based on the current gold spot price.
President Theodore Roosevelt felt that U.S. coinage had become bland and undesirable. He had a desire to beautify U.S. coinage. President Roosevelt felt that Saint-Gaudens was the man who could help him. The Saint-Gaudens $20 gold coin was the result.
Gold Double Eagles were circulated coinage from 1907-1933. During the height of the depression, President Franklin Roosevelt made it illegal for citizens to own gold coins and minting of the St Gaudens Gold Double Eagle ceased.
Roosevelt ordered all Gold coins be sold back to the U.S. Treasury, where millions were melted and then cast into Gold bars.
Each Gold Double Eagle coin contains .9675 troy ounces of gold.
|Weight||.9675 troy ounces|
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