The Double Eagle is the largest classic US gold coin: 33.436 g of 900 gold holding 30.093 g fine, just under one troy ounce. Both the Liberty Head and the Saint-Gaudens designs are popular with European investors and trade at a modest premium over melt value.
US $20 Double Eagle FAQ
How much gold is in a US $20 Double Eagle?
A US $20 Double Eagle weighs 33.436 g gross at 0.9 fineness, so it contains 30.093 g of pure gold.
How is the melt value of a US $20 Double Eagle calculated?
Multiply the fine gold content of 30.093 g by the current spot price per gram in your currency. The calculator above does this with live prices and multiplies by your quantity.
Will a dealer pay melt value for a US $20 Double Eagle?
Bullion coins usually trade a few percent above melt when buying and slightly below melt when selling back. Expect 90–98% of melt from a specialist dealer and less from a general pawnbroker.
Is a worn US $20 Double Eagle worth less?
Wear removes a little metal but the loss is usually under one percent, so heavily circulated coins are still bought near melt. Damaged or mounted coins may be discounted for extra refining work.
Should I sell a US $20 Double Eagle as scrap?
Only if it has no collector premium. Rare dates, proof issues and original packaging can add well above melt value, so check the date and mintmark before melting.
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