First struck in 1849, immediately following the boom of the great California gold rush, the United States twenty-dollar gold piece that would come to be known as the Liberty Head was the first gold coin in the United States to hold a denomination of twenty dollars. Before the first Liberty Head gold coin was struck, the highest denomination of gold coin to exist in the country was the ten dollar gold Eagle. With the new and twice as valuable Liberty Head twenty-dollar coins, the name “Double Eagle” became the operative title for these new and more valuable coins.

 

In 1849, at the point in time that these Double Eagles were originally struck, the coin was comprised of 90% gold and 10% copper, which gave them a 0.900 fine gold consistency, or 21.6 karats. Each original 1850's twenty-dollar “Liberty Head” Double Eagle was 0.9675 troy ounces, which equated with the gold value of the day, seated conveniently at $20.67 per ounce. Thus, the Double Eagle contained twice the gold and was worth twice the price of the previous ten dollar Eagle. Though subsequent gold coins were minted at higher gold purity in the United States, they were only limited release.

 

Due to the steady rise in the value of gold over the last century and a half, the original 1850's U.S. $20 Gold “Liberty Head” Double Eagle is worth almost sixty times what it was back when it was first minted, and based only on the value of its gold content alone. These coins are also extremely rare and nostalgically significant, which means that they have additional value to numismatic enthusiasts or collectors of American historical artifacts. With the price of gold steadily rising, the gold in a Liberty Head Double Eagle alone has doubled in value over the last ten years, reaching well over $1000 per troy ounce in today’s precious metals market.

 

When investing strictly for purposes of financial gain, rather than for collectible or sentimental reasons, there are few, if any, better investments one can choose. While the market surrounding most other major investable commodities is fluctuating unpredictably, gold is slowly, yet steadily on the rise, and the last decade alone shows a doubling of its value. If you want security in your investment – and, let’s be honest, who doesn’t – then you want to consider the long-term reliability of your financial decisions. There simply isn’t a better way to ensure prosperity over the future of your investment than to buy gold now.

 

Based simply on the rise in gold value over the last ten years, it would appear that buying gold is as obvious a decision as any, but there are certain nuances that only a trained professional can help you identify and consider. That’s precisely why you need the expert guidance of Capital Gold Group to see you through your gold investment. We are here to facilitate the purchase of gold, be it 1850's U.S. $20 Gold “Liberty Head” Double Eagles or any other type of gold coins or bullion.

 

 

Visit us online or contact Capital Gold Group by phone at (800) 510-9594. Call for your FREE Definitive Gold Guide and begin investing in gold for your future today!