This is a 1924 United States Gold Double Eagle $20 Dollar Coin.
The coins were struck at the Philadelphia branch of the US Mint, and so have no mintmark. They have a fineness of 0.900 or 21.6 carat.
These popular coins are referred to as "St. Gaudens" eagles, after their designer, Augustus Saint-Gaudens.
These double eagle coins contain just under 1 troy ounce of gold, and come slabbed in an acrylic plastic case. They are independently graded as MS-62.
The USA is a relatively young country, and its first regular issue of gold coins started in 1795. Although most of them have an eagle as a major part of their design, for some reason the $10 piece acquired the name eagle, and the other sizes as double eagles, half eagles, and quarter eagles. The ten dollar gold pieces are therefore known as eagles or gold eagles.
Be careful not to confuse them with the modern gold bullion eagles issued since 1986 - both are called eagles!
US double eagles featuring the Saint Gaudens design were minted at the Denver (D mintmark), Philadelphia (no mintmark) and San Francisco (S mintmark) branches of the US Mint.
We have written about the nature of slabbed coins, and we would urge consumers to do their research when looking to purchase such coins.
The obverse was designed by Augustus Saint-Gaudens and shows Lady Liberty holding an olive branch and a torch.The inscription reads:
The reverse was also designed by the engraver Augustus Saint-Gaudens. It shows an eagle with rays of sunshine in the background.The inscription reads:
|Weight / Size||Double|
|Gold Weight Troy Ounces||0.968|
|Fineness / Carat||0.900 / 21.6|
|Obverse Designer||Augustus Saint-Gaudens|
|Reverse Designer||Augustus Saint-Gaudens|
|Mint / Brand||Philadelphia Mint|
|Country||United States of America|
|28 March 2020||MS-62||MS-62||£1,415.99|
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Bullion coins are provided as is and on occasion may have some minor scratches or edge knocks. These are not regarded as faulty or damaged goods as their precious metal content and value as a bullion coin is not affected. Any coin sold for a value less than a 180% intrinsic is considered a bullion coin.
Gold investment products are VAT free. Silver investment products are inclusive of VAT at the current rate unless otherwise stated.
All investment products are based on the live precious metal price. Prices will be fixed once the item has been added to the basket and recalculates just before checking out.
If your product is not a graded coin and is considered a bullion item, it should be noted that these are bought and sold on low premiums over their precious metal content and not solely for aesthetic purposes; therefore, some products may have edge knocks and/or marks. These edge knocks and marks do not alter the specifications of the coins.
Please note that all investment products are exempt from the Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 and therefore customers do not have the right to cancel their order once the order has been accepted. If customers no longer wish to go ahead with their investment purchase, there is an option to sell the products back to Chard (1964) Ltd instead. View our current buy back prices.
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We aim to dispatch orders within 48 hours of receiving cleared funds. Our standard delivery methods are as follows.
If you wish to have your order sent by an alternative method (e.g., Saturday Guaranteed) please contact +441253343081 for more information. Please note, we will not dispatch high value orders over a bank holiday weekend.
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We offer fully insured delivery on all special delivery options. We do need to pass on the cost of this insurance as it soon adds up shipping high value gold and silver products.
If you require any assistance, please do not hesitate to call the showroom on +441253343081 and one of our team can discuss your purchase.