The Liberty Head double eagles is an American twenty-dollar gold piece struck as a pattern coin in 1849. It was designed by the Mint of the US Chief Engraver James Longarce.
The coin was immediately successful. It was utilized in merchants and banks trades. Millions of the liberty double eagles were sent overseas in international transactions. Some were melted or placed in bank vaults. Those collected have now been in circulation to meet the demand of collectors. It is also a great investment for those who desire to hold gold. Even today it is considered one of the most popular American gold coins to collect.