The California Gold Rush during the 1848-1849 was a period of significantly increased amounts of gold mining in the United States of America that led to a ‘gold flooded’ market. Even though gold coins were still minted before the gold rush, they had been of a lower face value.
The congress ordered the minting of the liberty gold coins with a face value of $20 which would later become known as the last of gold coins to be minted by the US government.
It is recorded that the last of the $20 liberty gold coins, minted around mid 1930s, were never distributed but melted into gold bars (also known as bullion), therefore making them the rarest and most valuable coins for anyone to own!
Why call them Liberty Gold Coins?
Selling US Liberty Gold Coins?
view our pricesAlthough they are also referred to as the ‘double eagles’ the liberty gold coins derived their name from the fact that Lady Liberty, a significant symbol in American history, is featured on the coin as well as the word liberty is engraved on the coin.
The sheer significance of lady liberty and her central role in American history gives the Liberty Gold Coins exceptional intrinsic value and exudes an air of national pride.
Some of the notable liberty gold coins include but not limited to:
- The $5 Half Eagle which features lady liberty’s head on one side and an eagle on the other. This was the very first gold coin to be minted in the United States and circulated during the years 1795-1929. The words “In God We Trust” were incorporated on the design, above the eagle in 1866.
- The $20 Liberty Head which was also referred to as the Liberty Coronet $20. Changes made on the coin’s design over the years that followed gave way to other titles (the “Twenty D” and the “Twenty Dollars” subtypes).
- The Liberty Head Quarter Eagles with the value of $2.50 was minted in Philadelphia up until 1933 when it was removed from circulation. It is believed that as of current date only about 150 of these coins remain therefore making them the most valuable there is!
- The Saint-Gaudens Double Eagle, a $20 gold coin which displays a bold design of lady liberty holding a torch and an olive branch signifying relationship building. This coin was minted for the purpose of international trade and exchange. Its use ceased in 1933 and it generated heated debates due to the fact that it lacked the motto “In God We Trust”.
Just how valuable are the Liberty Gold Coins?
Deemed very rare types of coins, the liberty Gold Coins are highly valuable as compared to other coins. Also the fact that these are amongst the oldest gold coins ever minted, due to their age like fine wine, increases their value significantly.
The significance of lady liberty to patriotic Americans also adds to the list of properties that make Liberty Gold Coins all so valuable. A shortened circulation period for the Liberty Gold Coins contributes to the fact that there are not many in the market therefore hard to come by.
Market value fluctuates with supply and demand therefore it is not set in stone how much any of these valuable coins should be worth. It is also essential to keep in mind that some forms of gold are highly valuable if sold in a different form.
When melted and sold as bullion, the value for a similar weight as compared to coins might vary greatly.
Rough estimates and guidelines are available through certified gold buyers and sellers, however it is always wise to compare, contrast and make informed decisions before buying and/or selling your gold coins.