$20 Liberty XF (Dates/Types Vary)
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Introduction
The Liberty Double Eagle, in Extra Fine (XF) condition, is an esteemed and iconic piece of American history. This coin boasts a classic and elegant design that has captivated collectors and investors for generations. The Liberty Double Eagle is minted in .900 fine gold, with a weight of 33.44 grams (approximately 0.9675 troy ounces). This coin holds significant historical and artistic value, as it witnessed many pivotal moments in American history. Its enduring popularity is a testament to its timeless design, intrinsic value as a precious metal, and the rich heritage it represents as a cherished part of American coinage history.
History
The Liberty Double Eagle holds a fascinating history that began in 1849 when it was introduced by the United States Mint in response to the California Gold Rush. The coin features a classic design created by James Barton Longacre, the Chief Engraver of the Mint at the time. Over the years, the Liberty Double Eagle witnessed various design modifications, leading to different "Types" as the coin evolved. The coin was minted until 1933, when the United States abandoned the gold standard during the Great Depression, resulting in the cessation of gold coin production for circulation. The Liberty Double Eagle is now a prized and sought-after collectible and investment piece, cherished for its historical significance, stunning design, and intrinsic value as a symbol of America's prosperity and progress.
Design
The Liberty Double Eagle boasts an exquisite and timeless design that has made it one of the most cherished pieces in American numismatic history. The obverse features a striking portrayal of Lady Liberty, wearing a coronet with the word "LIBERTY" inscribed, symbolizing the nation's spirit and freedom. She holds a torch in one hand, representing enlightenment, and an olive branch in the other, signifying peace. The reverse showcases a magnificent bald eagle with outstretched wings, grasping arrows in one talon and an olive branch in the other, embodying the country's readiness for defense and desire for peace. Surrounding the eagle is a laurel wreath, a symbol of victory and honor. The inscriptions "UNITED STATES OF AMERICA" and "TWENTY D." (for "dollars") complete the design.