A Double Eagle is worth $20. Of course, that is its face value. The 1849 Coronet Head Gold $20 Double Eagle is a unique coin and it belongs to the Smithsonian Collection.
The Obverse shows Liberty and it has no other motto. The mintage, since it is unique, is just 1. As for the metal composition, it is made of gold (90%) and about 10% is Copper. When it comes to the diameter, it is about 34mm, and the mass is 33.44 grams.
Where was this 1849 Coronet Head Gold $20 Double Eagle minted?
Although there is no mint mark, it was struck in Philadelphia. No doubt it is one of the most valuable coins in the United States and in the rest of the world. What is more, is extremely rare. Hence, this is the perfect cocktail for a jaw-dropping price.
The exact price of the 1849 $20 Liberty Head Coin
Although this coin is not for sale and it is in the National Numismatic Collection it may have a price of about $18,989,940 (Proof and PR-63). As a matter of fact, some numismatics experts believe that if it were on sale it could be sold for up to $20 million.
Since it is made of gold, the melt value would be about $2674.18 approximately claims the USA Coin Book website. So, it is much better to regard it as a piece of history rather than as a metal piece.
The reverse of this valuable Liberty Head Gold Double Eagle coin
The inscriptions in the reverse of this specimen show “UNITED STATES OF AMERICA” and “TWENTY D.” Just like Linerty’s head is surrounded by the 13 stars, so is the Eagle in the reverse “crowned” with them above.
Representing the first 13 colonies that declared independence from Britain, becoming the first States. The Eagle, which is another American symbol, is holding arrows and an olive branch. It represents readiness for war and a desire for peace. With its beak, the Eagle holds a flowing ribbon.