Rare Gold Coin Valued at Over $18 Million: A Collector’s Dream
According to Vibes.okdiario, A Double Eagle is officially valued at $20, but the 1849 Coronet Head Gold $20 Double Eagle is a unique coin of immense historical and monetary significance. It is currently part of the Smithsonian Collection, making it one of the most coveted coins in the world.
Coin Specifications
The Obverse of the coin features a depiction of Liberty, with no additional motto inscribed. Its mintage is particularly noteworthy, as only one of these coins was ever produced. The coin’s composition consists of 90% gold and 10% copper, giving it a substantial weight and richness.
- Diameter: Approximately 34 mm
- Mass: 33.44 grams
Minting Information
Although the 1849 Coronet Head Gold $20 Double Eagle has no mint mark, it was struck in Philadelphia. This unique piece is considered one of the most valuable coins in both the United States and globally due to its rarity.
Also read: Uncovering Value: Why Your Barber Coin Might Be Worth More Than You Think
Estimated Value of the Coin
While the 1849 $20 Liberty Head Coin is not for sale, numismatic experts estimate its value to be around $18,989,940 (Proof and PR-63). Some experts believe that if it were to go on the market, it could fetch up to $20 million.
Melt Value and Historical Significance
As a gold coin, its melt value is approximately $2,674.18, according to the USA Coin Book. However, it is far more valuable as a piece of history than simply as a metal commodity.
The Reverse Design
The reverse of the Liberty Head Gold Double Eagle coin features the inscriptions “UNITED STATES OF AMERICA” and “TWENTY D.” The design is complemented by 13 stars encircling the Eagle, representing the original 13 colonies that declared independence from Britain.
The Eagle, a symbol of American strength and freedom, holds arrows and an olive branch, symbolizing readiness for conflict and a desire for peace. In its beak, the Eagle carries a flowing ribbon, adding to the rich symbolism of this remarkable coin.
