The 1924 St. Gaudens Double Eagle $20 gold coin is widely available in all grades of preservation. This availability makes the coin a perennial favorite of many gold bullion investors around the country.
Many collectors also seek the 1924 St. Gaudens Double Eagle because the coin is readily available in Uncirculated condition. As a result, the 1924 St. Gaudens Double Eagle is a tremendous value in today’s numismatic marketplace.
To see why this is the case, here is a handy buyer’s guide to the 1924 St. Gaudens Double Eagle that can help you locate a superb example of the coin.
Specifications:
Mintage: 4,323,500.
Mintmark: none.
Place of Manufacturer: Philadelphia, PA.
Designer: Augustus Saint Gaudens.
Weight: 1.075 troy ounces.
Gold content: 0.9675 troy ounces.
Purity: 90% gold, 10% various alloys including copper and silver.
Face Value: $20.00.
Design Information:
The 1924 St. Gaudens Double Eagle features a Roman-style portrait of Lady Liberty holding an olive branch in her left hand and a staff in her right hand. She also stands on a field that is to the right of a representation of the White House. The word “Liberty” is inscribed on top just above Liberty’s head. There are also 48 stars on the obverse and on the coin’s edge that represent the 48 states that were in the Union at the time of manufacture.
The reverse features a bald eagle in flight above the sun. The eagle’s profile appears to the viewer’s left. The face value of the coin and the name of our country appear above the eagle. Our nation’s motto, “In God We Trust,” appears below the eagle. There is also several sun rays located across the reverse.
How to select a high-quality 1924 St. Gaurdens Double Eagle for your collection or precious metal portfolio:
This coin is widely available in About Uncirculated and Uncirculated conditions. The first trace of wear appears on Liberty’s cheek on the obverse or on the eagle’s wingtips on the reverse. As a result, it’s a good idea to check these design elements for wear before purchasing the coin.
Moreover, many collectors look for well-struck examples that feature few bag marks on Lady Liberty’s cheek and on the eagle’s wings.
Collectors can find well-struck examples of this coin if they are willing to patiently search for high-quality examples that feature well-detailed eagle feathers on the reverse and well-detailed features on Lady Liberty’s face and hair.
Finally, the coin is also notorious for rim bumps along the coin’s edge. These rim bumps occurred when the coins were tossed around together in bags or in people’s pockets.
Therefore, be sure to look for a sharply struck example of the St. Gaurdens Double Eagle $20.00 gold coin that has no rim bumps and few bag marks.
It may take some time to locate a 1924 St. Gaurdens $20.00 Double Eagle gold coin that has these traits. However, it is worthwhile to search for coins that have these traits because they are always in demand.
As a result, be sure to take some time to search for a high-quality example of this coin so that you can maximize the value you receive from the coin.