Exploring the Mystique of the Double Eagle: A Very Rare Treasure

The double eagle coin has captivated collectors and investors for decades. Known for its stunning design and historical significance, finding a double eagle very rare coin can feel like uncovering a hidden treasure. In this blog post, we delve into what makes these coins so unique and valuable, providing insights that every collector or enthusiast should know.

The History of the Double Eagle Coin

The double eagle, a U.S. gold coin minted in various years, features the iconic design of Liberty and the majestic eagle. First introduced in 1849, it was created to facilitate large transactions during the gold rush era. The double eagle quickly became a symbol of wealth and prosperity, with few coins making their way into circulation due to their intrinsic value.

Why Are Double Eagles Considered Very Rare?

Many double eagle coins are deemed very rare due to low mintage and historical circumstances surrounding their production. For example, the famous 1933 gold double eagle was never officially circulated, as the U.S. government stopped minting gold coins that year. Only a handful of these coins are known to exist, making them particularly sought after by collectors.

Interesting Fact

According to the Numismatic Guaranty Corporation, the 1933 gold double eagle was sold at auction for a staggering $7.6 million in 2002, setting a record for the most expensive coin ever sold.

Key Features of the Double Eagle Coins

Double eagles are characterized by their high gold content (0.9675 ounces), intricate engravings, and striking designs. They offer not just aesthetic appeal but also substantial intrinsic value. Understanding these features is essential for identifying and valuing double eagle coins:

• Design: The front features Liberty, while the reverse showcases an eagle.


• Year of Mintage: Specific years hold more value based on rarity and demand.


• Condition: Coins in excellent condition can fetch much higher prices.

How Can You Identify a Very Rare Double Eagle Coin?

Identifying a very rare double eagle coin involves more than just looking at the date. Consulting with expert numismatists and utilizing resources like graded coin holders can provide valuable insight into the coin's authenticity and value.

Case Study: The 1907 Double Eagle

The 1907 double eagle, designed by renowned sculptor Augustus Saint-Gaudens, is an excellent example. It is highly coveted among collectors for its artistic merit and limited mintage. Many of these coins have been graded and sold at record prices—making them a focal point for investment.

Tips for Collecting Double Eagle Coins

If you're looking to start your collection or expand your existing one, consider these best practices:

• Do Your Research: Learn about different types of double eagle coins.


• Join a Coin Community: Engage with fellow collectors for insights.


• Invest in Grading Services: Get your coins authenticated for better resale value.

What Is the Best Way to Store Your Double Eagle Coins?

Proper storage is crucial to maintaining the condition and value of your double eagle coins. Utilize protective holders and keep them in a controlled environment to prevent tarnishing and wear.

Expert Advice

According to coin expert Dr. Richard Magnus, "The value of coins significantly depreciates if not stored correctly. Investing in quality holders is essential for preservation."