Saint Gaudens $20 Gold Coin

St Gaudens $20 Gold Coin

The Saint Gaudens $20 gold double eagle coins are either called a St. Gaudens or the Double Eagle were produced by the United States Mint from 1907 to 1933. President Teddy Roosevelt approached his friend and America’s foremost sculptor, Augustus-St. Gaudens to design a new $20 gold coin. Therefore, St. Gaudens is named after its designer who designed the obverse(front) and reverse(back). The observe depicts Lady Liberty holding a staff and an olive branch as she walks from the sun. The date appears in the right and in some of the 1907 mintage it appears in Roman numerals. The world LIBERTY arcs above her. St. Gaudens’ mark appears on the obverse of the coin under the date. The reverse(back) of the coin features a bald eagle soaring above the sun. The words UNITED STATES OF AMERICA and TWENTY DOLLARS span across the top of the coin.

Minted 1907 – 1916 & 1920 – 1933
Gross Weight: 33.346 grams
Fineness: .900
Actual Gold Content: .9675 troy ounce
Composition: 90% gold, 10% copper

St Gaudens Double Eagle makes an excellent choice for someone who wants a bullion type investment but is worried about government confiscation. The premiums on circulated $20’s are low most of the time yet in a heated market, premiums can move higher quickly so check the dollar amount over spot before purchase and remember these coins contain slightly less than 1 ounce pure gold.

The 1933 St Gauden is extremely valuable. The ownership for these coins have been illegal since 1933. The US government will confiscate it if you own one. In 2002, the last 1933 St. Gauden was sold for $7,590,000. It was confiscated from a a British Coin Dealer and after a long legal battle between a British coin dealer & the US government, the proceeds of the auction was split 50/50.