GOLD DOUBLE EAGLE COINS

Issued between 1849 and 1933, the American gold double eagle coin held a face value of $20. Prior to this the highest denomination coin was the $10 gold eagle. The $20 double eagle is often confused with the much later modern 1oz eagle having been issued from 1986 which holds a $50 face value.

Specifications of the gold Double Eagle coin

Each double eagle contains 0.9675 troy ounces of gold. Their purity is 90% gold or 0.9 as opposed to the 22ct (0.916 purity) or 24ct gold often seen in modern bullion coins. The addition of 10% or 0.1 copper, raises the overall weight of the double eagle to 33.436g, just over a troy ounce (31.1035g).

History of the Gold Double Eagle coin

First Minted in 1849, the creation of the double eagle, or rather its timely coordination with the California gold rush that started only