Double eagles are gold coins from the United States with a denomination of $20. The gold content of 0.9675 oz was worth $20 at the 1849. The coins are made from a 90% gold and 10% copper alloy. The total weight is around 1.07 ounces.
Eagle coins, Half Eagles coins, Quarter Eagle coins were were specifically given these names by the United States Congress on April 2, 1792. Similarly, the double eagle coins were created by the Coinage Act of 1849. Since the $20 gold price has doubled the value of the eagle hence the name double eagles.
In comparison to bullion, the double eagle coin carry numismatic value that can greatly increase their value. Considering Saint-Gaudens are revered as America’s preeminent coin, they make for an excellent coin investment.