Introduction
Greetings, readers! Welcome to our comprehensive guide to the legendary double eagle very rare, one of the most sought-after and valuable coins in the world of numismatics. In this extensive article, we will delve into the fascinating history, exceptional rarity, and alluring beauty of this extraordinary coin. Whether you’re an ardent collector, a curious enthusiast, or simply intrigued by the allure of rare and coveted treasures, join us as we explore the captivating world of the double eagle very rare.
The History of the Double Eagle
The double eagle, with its majestic face value of $20, was first introduced into circulation in 1849, during the height of the California Gold Rush. As vast quantities of gold flooded the nation, the need arose for a high-denomination coin to facilitate large transactions. The double eagle quickly became the gold standard of monetary exchange, serving as a symbol of prosperity and financial stability.
The Saint-Gaudens Double Eagle
In 1905, renowned sculptor Augustus Saint-Gaudens designed a new iteration of the double eagle, featuring Lady Liberty striding forward on its obverse and a majestic eagle in flight on its reverse. This exquisite work of art is widely considered one of the most beautiful coins ever created. However, due to a production delay and subsequent controversy over its design, the Saint-Gaudens double eagle had a short-lived circulation, further enhancing its rarity and value.
The Rarest Double Eagles
The double eagle very rare gained its exceptional status due to a combination of factors, including limited mintage and subsequent melting or loss. Some of the rarest and most valuable double eagles include:
The 1933 Double Eagle
The 1933 double eagle stands as the pinnacle of rarity, with only a handful of examples known to exist today. Originally intended for circulation, President Franklin D. Roosevelt ordered their recall and destruction in 1933 as part of his efforts to conserve gold during the Great Depression. However, a few coins escaped the melting pot and have since become the most coveted numismatic treasures.
The 1907 Double Eagle High Relief
Another extraordinary rarity is the 1907 double eagle high relief, designed by sculptor James Earle Fraser. This stunning coin was intended to be the successor to the Saint-Gaudens double eagle but was deemed too difficult and expensive to produce. Only a few hundred high-relief double eagles were struck before the design was modified to a lower relief version. Today, these rare coins command astronomical prices among collectors.
The Value of Double Eagles
The value of double eagles varies greatly depending on factors such as rarity, condition, and market demand. The most valuable double eagles are those with exceptional rarity, such as the 1933 double eagle, which regularly sells for millions of dollars at auction. Even more common double eagles can still fetch impressive prices, especially if they are in mint condition.
Factors Affecting Value
- Rarity: The more limited the mintage of a double eagle, the higher its value.
- Condition: Coins that are well-preserved and free of defects fetch higher prices.
- Demand: The popularity of double eagles among collectors drives up their value.
- Market Trends: Economic conditions and fluctuations in the precious metals market can influence the value of double eagles.
Double Eagle Very Rare Collection Table
| Year | Mintage | Condition | Value Range |
|---|---|---|---|
| 1907 High Relief | 20 | MS-65 | $2,000,000 – $3,000,000 |
| 1933 | ~10 | MS-65 | $10,000,000 – $20,000,000 |
| 1905 Saint-Gaudens | 11,250 | AU-58 | $100,000 – $150,000 |
| 1915 | 286,250 | MS-63 | $20,000 – $30,000 |
| 1920 | 930,000 | MS-63 | $8,000 – $12,000 |
Conclusion
The double eagle very rare is an extraordinary coin that captures the imagination and desires of collectors worldwide. Its rarity, historical significance, and artistic beauty combine to create a numismatic icon that commands both awe and respect. Whether you appreciate the double eagle as a monetary artifact, a work of art, or simply as a symbol of American heritage, its allure remains undeniable.
As you continue your journey into the fascinating world of rare coins, we encourage you to explore our other articles on legendary numismatic treasures. From the elusive 1804 Draped Bust dollar to the enigmatic Liberty Head nickel, our articles will captivate your curiosity and broaden your knowledge of the incredible history and value that these coins hold. Thank you for reading, and may your pursuit of numismatic treasures be as rewarding as it is enriching.
FAQ about Double Eagle Very Rare
What is a double eagle?
A double eagle is a $20 gold coin that was minted from 1849 to 1933.
Why are double eagles rare?
Double eagles were not minted for very long, and they were often melted down for their gold content.
How many double eagles were minted?
A total of 445,500 double eagles were minted.
What is the most valuable double eagle?
The most valuable double eagle is the 1849-O double eagle, which sold for over $10 million in 2020.
What are the different types of double eagles?
There are four different types of double eagles: the Liberty Head double eagle, the Indian Head double eagle, the Saint-Gaudens double eagle, and the Coronet Head double eagle.
What is the difference between a proof double eagle and a circulation strike?
Proof double eagles are coins that were specially struck for collectors, while circulation strikes are coins that were intended to be used as currency.
How can I tell if a double eagle is real?
There are a few ways to tell if a double eagle is real. One way is to look for the mint mark, which is a small letter that is located on the reverse of the coin. Another way to tell if a double eagle is real is to weigh it. A genuine double eagle weighs 33.4 grams.
How can I find out how much a double eagle is worth?
There are a few ways to find out how much a double eagle is worth. One way is to look at the prices that double eagles have sold for in the past. Another way to find out how much a double eagle is worth is to have it appraised by a professional.
Where can I buy a double eagle?
Double eagles can be purchased from a variety of sources, including coin dealers, auction houses, and private sellers.
What is the best way to store a double eagle?
Double eagles should be stored in a cool, dry place in a protective case.
