$20 Gold Saint Gaudens Double Eagle Coins fall into the investor class as pre-33 U.S. gold coins. Investors choose $20 Gold Saint Gaudens Double Eagle because they desire to hold historic circulated gold coins minted by the U.S. government. Many investors argue that these pre-33 gold coins are considered semi-numismatic and exempt from future confiscation.
During the American Great Depression in 1933, President Franklin Roosevelt made it illegal for American citizens to own gold. Roosevelt confiscated all Gold coins, and millions of Saint Gaudens were melted and cast into gold bars that were stored at Fort Knox. Since these meltdowns, many previously familiar pre-33 $20 Saint Gaudens gold coins are now scarce. Today Pre-1933 $20 Saint Gaudens gold coins are some of the most desirable investment vehicles amongst gold investors and collectors.
$20 Saint Gaudens Double Eagle gold coins were first issued in 1907. Early Saint Gaudens dates 1907 to 1908, excluding the motto “In God We Trust” on the reverse of the coin. In 1912, the U.S. Mint also changed the number of stars surrounding Lady Liberty on the obverse of the coin from 46 to 48 after New Mexico and Arizona became official states. Saint Gaudens was minted from 1907 until 1933.
Coin Highlights:
- Each $20 coin contains .9675 ozt of gold.
- About Uncirculated $20 Gold Saint Gaudens Double Eagles will show minor signs of wear, scratches, or other blemishes.
- Minted by the U.S. Mint with a $20 USD face value.
- U.S. Government-backed Sovereign Coins.
- Coins minted from 1907-1933 at the Denver, Philadelphia, and San Francisco U.S. Mints.
