The 1849 Coronet Head Gold $20 Double Eagle is one of the most unique and valuable coins in American history. While its face value is $20, its historical significance and rarity elevate it to a much higher worth. This coin is part of the Smithsonian Collection and remains one of the most sought-after specimens among collectors and numismatists.
What Makes the 1849 Coronet Head $20 Double Eagle Unique?
This Double Eagle is a one-of-a-kind coin, with a mintage of just one. It was struck as a pattern coin in 1849 and never circulated in everyday commerce. The coin’s obverse features the image of Lady Liberty, but without the usual motto “In God We Trust.” The reverse showcases a majestic eagle, surrounded by the inscription “UNITED STATES OF AMERICA” and “TWENTY D,” along with 13 stars representing the original colonies.
Minting and Composition of the 1849 Coronet Head Double Eagle
Although it does not have a mint mark, the coin was struck in Philadelphia, the birthplace of many iconic U.S. coins. The 1849 Coronet Head Gold $20 Double Eagle is composed of 90% gold and 10% copper, with a diameter of 34mm and a mass of 33.44 grams. This impressive size and weight make it a standout among U.S. coinage.
Value of the 1849 Coronet Head Gold $20 Double Eagle
While the coin’s melt value is about $2674.18, based on the gold content, its actual value as a rare piece of history is far higher. Although the coin is not for sale and is part of the National Numismatic Collection, it is estimated to be worth approximately $18,989,940 in its current Proof condition (PR-63). Some experts believe that if it were sold, the price could approach $20 million.
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Symbolism on the Reverse: The Eagle and the 13 Stars
The reverse of the coin features the eagle, a powerful American symbol of strength and freedom. The eagle holds an olive branch and arrows, signifying a balance between peace and readiness for war. Above the eagle, 13 stars crown the design, representing the first 13 colonies that declared independence from Britain.
A Piece of U.S. History
The 1849 Coronet Head Gold $20 Double Eagle is far more than just a coin—it’s a symbol of America’s early days, its struggle for independence, and the country’s emerging identity. As one of the rarest and most valuable coins in the world, it is a true treasure for collectors and historians alike.
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