Today I would like to focus on $20 gold coins because they have become some of the most popular investment grade coinages available. Investors looking to purchase $20 gold coins should note that they are no longer in production, because they were minted between the years of 1850 and 1933 as official currency in the United States. These coins were called “Double Eagles,” due to them being worth twice as much as a regular $10 Eagle, and they have been named the $20 Lady Liberty and the $20 Saint Gaudens. Nowadays, these coins are worth far beyond $20 because they are rarities considering that they survived the gold confiscation of 1933. Fortunately, third-party certification companies like the Professional Coin Grading Service and the Numismatic Guaranty Corporation have authenticated and encapsulated the majority of the surviving coins in order for them to continue circulation for collection and investment purposes.
As far as investing is concerned, $20 gold coins are usually preferred by American investors because they have shown the most significant long-term profit and wealth preservation attributes. Most investors typically diversify only into investment-grade rare coins because the rarer and unusual coins hold significant premiums above the spot price of gold, making them harder to liquidate. Thus, it is only recommended that you purchase $20 Saint Gaudens or $20 Lady Liberties within the mint state gradings of MS61 and MS66, depending on your investment goals and needs. Feel free to browse my website for further information on rare coins and investing in gold.
John Halloran
Senior Gold Specialist - Buy-Gold.org
