If you would like to purchase a Double Eagle, you have to spend $20. That is of course what it seems to imply. The $20 gold Coronet Head double eagle struck in 1849 is a single coin which is in the Smithsonian collection.
Freedom is on the front and there is no other word on it. As a result of that, it is rare because only one copy is in circulation. The metal is alloy with 90 percent of gold and 10 percent of copper. It is about 34mm wide and has a total mass of 33.44 grams.
Where was this 1849 Coronet Head Gold $20 Double Eagle minted?
There is no mint mark on it but it was minted at Philadelphia. It is without a question that it is one of the most valuable coins in the world, not just in US, and besides it is very scarce. Therefore, this is the right drink at an unbelievable cost.
The exact price of the 1849 $20 Liberty Head Coin
This coin is located in the National Numismatic Collection and is not for sale. Estimated to be of $ 18,989,940 with a variety of proof and the PR-63. But there are very big experts in coins and money who believe that they could produce 20 million if they wanted to offer it.
According to USA Coin Book, if it had to be melt, being made of gold it should be worth $ 2674.18. In other words, if you’ll try and look at it from that prospective, then it’s not just a piece of metal but is far more interesting.
The reverse of this valuable Liberty Head Gold Double Eagle coin
There are two phrases on the back-side of this item: “UNITED STATES OF AMERICA” and “TWENTY D”. According to the 8th commandment used by Liberty, the 13 stars are around his head, while they are also “crowned” on top of the Eagle in the opposite position.
Standing for the 13 countries that were the first to break away from Britain and become independent states. The Eagle, which is another American symbol, has an olive tree and arrows in its hands. It means being ready for war and wanting peace.
FAQs On Gold coin worth 18 million dollars!
Q. Why this one ounce gold coin is going to cost eighteen million US dollars?
A. Due to its scarcity, illustrations of older cultures and techniques used in minting the piece, this coin remains sought after to date.
Q. What makes this coin rare?
A. Collectors might deem the coin scarce in light of the following: percent of the production was limited.
Q. Who wants this coin?
A. The collectors, investors and museums are looking for this special part of the history.