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1907 Liberty Gold Double Eagle (MS63)
1907 Liberty Gold Double Eagle (MS63)
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1907 Liberty Gold Double Eagle (MS63)

Item#: 50194
Now Only $2,850

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Description

Gold rush fever

1907 was the last year for the inaugural iconic $20 design

Twenty Liberty Gold Double Eagles, occasionally called Coronet Double Eagles, were minted from 1850 until 1907. The minting of the coin was authorized by Congress after the California Gold Rush brought an increased gold bullion supply to the nation. Gold Double Eagles were rarely used in circulation -- instead, they were known as "Bankers' Coins" and were primarily used for large, international commercial transactions.

The Liberty Head Gold Double Eagle, designed by James B. Longacre, was the first Double Eagle, or twenty dollar denomination coin, minted in the United States. Because many Liberty Double Eagles were held in European bank vaults for decades, they survived, in good condition, the post-1933 melting of most American gold coinage, and many were returned to the U.S. after restrictions on gold ownership eased.

Although the total mintage of this year is 1,451,786, it is unknown how many of these coins still exist due to the passing of Executive Order 6102. This order sought to revive the American economy by recalling circulating gold to be melted down. In fact, the gold melted via that executive order is what is housed in Fort Knox. Out of all 1907 Liberty Heads, only about 1% have been graded in MS63 condition. We only have a handful of these rare coins available. 

Don't miss this golden opportunity!

 


Stauer.com is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. The collectible coin market is unregulated, highly speculative and involves risk. Stauer.com reserves the right to decline to consummate any sale, within its discretion, including due to pricing errors. Prices, facts, figures, and populations deemed accurate as of the date of publication but may change significantly over time.

For further information, please visit our Coin Terms and Conditions.

-- Price discounts do not apply to coins.--

Details
  • $20 USD value in Mint State 63 Condition
  • Certified encasing included


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