Gold coin worth more than $18 million, collectors wish they have a specimen like this one

Gold coin worth more than $18 million, collectors wish they have a specimen like this one

A double eagle is worth $20. Of course, this is the face value. The Smithsonian Collection has the one-of-a-kind 1849 Coronet Head Gold $20 Double Eagle.

The obverse depicts Liberty and has no other motto. Because it is one-of-a-kind, the mintage is strictly limited to one. The metal composition consists of gold (90%) and copper (approximately 10%). The diameter is around 34mm, and the mass is 33.44 grams.

Where was this 1849 Coronet Head Gold $20 Double Eagle minted?

Although there is no mint mark, it was made in Philadelphia. Without a doubt, it is among the most precious coins in the United States and in the world. Furthermore, it is quite unusual. As a result, this is the ideal cocktail at an incredible value.

1849 $20 Liberty Head Proof Coin
Source pcgs.com

The exact price of the 1849 $20 Liberty Head Coin

Although this coin is not for sale and is part of the National Numismatic Collection, it may be worth around $18,989,940 (Proof and PR-63). Some numismatics experts say that if it were for sale, it could fetch up to $20 million.

Because it is comprised of gold, the melt value is roughly $2674.18, according to the USA Coin Book website. As a result, it is far preferable to think of it as a piece of history rather than a metal component.

The reverse of this valuable Liberty Head Gold Double Eagle coin

The inscriptions on the reverse of this specimen read: “UNITED STATES OF AMERICA” and “TWENTY D.” Just as Linerty’s head is surrounded by 13 stars, so is the Eagle in reverse “crowned” by them above.

Representing the first 13 colonies that declared independence from Britain, forming the first states. The Eagle, another American symbol, holds arrows and an olive branch. It indicates both readiness for war and longing for peace. With its beak, the Eagle clutches a flowing ribbon.

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