Beauty is just the start – since 2000, these coins have experienced an over 300% appreciation rate.
When looking for a coin that delivers both aesthetic appeal and positive returns, consider the VF $20 Liberty. Those purchased in 2000 for $315 were worth $1,117 at one point in 2008.
VF $20 Liberty coins are very attractive to both numismatic and bullion buyers. Although the coins certainly have a numismatic premium, in lower circulated grades they typically trade quite close to the spot price of gold. However, unlike pure bullion coins, VF $20 Libs do not fluctuate dollar for dollar with gold spot but react to larger moves in the spot price. This lack of volatility is very appealing to bullion buyers. The intrinsic value of the piece coupled with its numismatic properties make the coin “bullion with muscle.”
$20 gold pieces, also called Double Eagles, are the largest gold coins America ever made for general circulation. The denomination came into being as a result of the California gold rush. There was so much gold flowing into the Treasury; it became obvious that it was more efficient to make one $20 gold coin than two $10 gold coins. Legislation was passed to create both a $20 gold coin and a $1 gold coin. Double Eagles came in two designs; the Liberty minted from 1849 to 1907 and the Saint Gaudens, which was minted, from 1907 to 1933. These two are the most widely traded and collected American gold coins. Double Eagles contain close to one ounce of pure gold with the exact gold content being .9675 ounces.
Blanchard and Company, Inc. offers VF $20 Liberty coins minted from 1850-1907 (most likely dates available are 1904 and 1907).