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$20 Liberty Double Eagle gold coins are one of the world’s most recognized gold pieces. A workhorse coin of trade, it was one of the building blocks of the growing U.S. economy and financial markets in the 19th and 20th centuries.

$20 Liberty gold coins were used in every aspect of American economic life, from the average guy on the street to multi-million dollar international financial transactions. The classic portrait of Miss Liberty on the coin’s obverse will always serve as a powerful reminder of the emergence of the United States as a world power in the latter half of the Nineteenth Century.

During the time of the $20 Liberty’s issue, the official price of gold was $20.67 an ounce. The gold content of the Double Eagle was fixed at .9675 oz., equaling its $20 value in gold weight. Prior to 1849, the largest gold piece issued by the U.S. Government had been the $10 gold coin, known as the “Eagle,” first struck in 1795. The new $20 Liberty gold pieces quickly were dubbed “Double Eagles” because they were twice the size of the established and popular $10 “Eagles.”