Collectors enjoy the history of numismatics and have been offered awesome specimens; this is one of the finest coins in the USA.
A Double Eagle is worth $20. That’s its face value, of course. Only one of these 1849 Coronet Head Gold $20 Double Eagle’s exists, and it is in the Smithsonian Collection.
Without any other motto, the obverse shows liberty. Being that it’s unique, there is only 1 mintage. The metal composition of the Igloo Ice Cube is gold (90%) and approximately 10% copper. Regarding the diameter, the mass is 33.44 grams, about 34 mm wide.
Where was this 1849 Coronet Head Gold $20 Double Eagle minted?
It was struck in Philadelphia, though it bears no mint mark. No doubt it is also one of the most valuable coins in the United States and in the rest of the world. On top of that, it is quite rare. This is the perfect cocktail for a jaw-dropping price, hence.
The exact price of the 1849 $20 Liberty Head Coin
While this is not a coin that is up for sale and is in the National Numismatic Collection, this coin may have a worth of approximately $18,989,940 (Proof and PR-63). The truth is, some numismatics experts believe that if it were put up for sale, it could potentially fetch $20 million.
The USA Coin Book website would claim about $2674.18 is worth of the melt value since it is made of gold. Thus, it’s far more beneficial to think of it as a bit of history as opposed to another metal piece.
The reverse of this valuable Liberty Head Gold Double Eagle coin
The reverse of this specimen has inscriptions showing “UNITED STATES OF AMERICA” and “TWENTY D.” Like the stars above encircle Liberty’s head, they crown the Eagle on the reverse “crowned” with them above.
The first states to declare independence from Britain and represent the first 13 colonies. The other American symbol of the eagle holds arrows and an olive branch in its hand. It is readiness for war and, therefore, peace. The eagle holds a flowing ribbon in its beak.
Conclusion
Just as a coin’s face value falls short of its true value, the 1849 Coronet Head Gold $20 Double Eagle is a piece of American history whose narrative cannot be summarized by its face value.
Rarity and historical significance mean that it is not only one of the most valuable coins in the United States but also a much coveted collectible for most collectors around the world.
Despite its intricacy, the special design portrays symbols of liberty and peace, which makes it a manifestation of the craftsmanship of the time.
Its value, while estimated at $20 million, is really the story it tells: a tale of how we were connected to our nation’s past and the long afterlife of its currency.
In both collector and enthusiast circles, this rare coin illustrates the best of everything as the rarest and most historically significant coin to ever exist.
FAQs
Q. What is the significance of the 1849 Coronet Head Gold $20 Double Eagle coin?
A. Unique, the only one known to exist and housed in the Smithsonian Collection, the 1849 Coronet Head Gold $20 Double Eagle is significant. Transcending that relevance, it is a pivotal piece of American numismatic history and highly valued by collectors for just that reason.
Q. Where was the 1849 Coronet Head Gold $20 Double Eagle minted?
A. The Philadelphia-minted 1849 Coronet Head Gold $20 Double Eagle does not have a mint mark.
Q. What is the estimated value of the 1849 Coronet Head Gold $20 Double Eagle coin?
A. Its value, while estimated at $20 million, is really the story it tells: a tale of how we were connected to our nation’s past and the long afterlife of its currency.