As recently as the early twentieth century, the primary tunnel of currency in circulation around the totality were gold coins.
Double Eagle Gold Coin
During the time that the Double Eagle Gold Coin was being minted in the USA there obtain two major versions along with six trifling deviations of it produced The cardinal two versions are the Liberty Head or Coronet which was minted between 1849 and 1907 and the Saint Gaudens which was minted between 1907 and 1933.
But for the Liberty version of this gold coin there have been 3 different versions of it minted and these are as follows:-
1. Liberty Head with no motto but with a value on it of “Twenty D” and was produced between 1849 and 1866.2. The Liberty Head with a motto and its value again showing as “Twenty D.” and this one was minted from 1866 until 1876.3. The later version of the Liberty Head gold coin to be minted between 1877 and 1907 again had a motto on it but the value showing on it was “Twenty Dollars”.
As for the Saint Gaudens Double Eagle Gold Coin which began being minted in 1907 the 3 versions available of this are as follows:-
1. The 1907 version of the coin had a gigantic relief, no motto and Roman numerals were used on it2. The 1907 to 1908 version of the Saint Gaudens coin instead of a gangling relief came with a low one and again had no motto but instead of using Roman numerals, Arabic ones were used instead.3. Whilst the 1908 to 1933 Saint Gaudens coin again had a low relief and Arabic unit s as the 1907 and 1908 versions did but came with a motto now
For some motive in 1933 the then President of the United States of America, Franklin D Roosevelt chose to desist the coinage of gold and because of this it became felonious for folks to keep such metal However collectors of coins were actually able to enlist the ones they already had and erase for one juncture no Double Eagle Gold Coins were ever legally released that were made in 1933.
However some of the coins that were actually minted at this situation were stolen from the US Government and in the intervening years many have been recovered. Yet in 2002 one of these 1933 Double Eagle Gold Coins was put up for sale at an auction The fortunate person who purchased the coin paid $7,590,020 (US Dollars) for it
Previous to this the prime remuneration ever paid for any expired coinage was $4,140,000 for an 1804 Silver Dollar. The ground why this particular Double Eagle Gold Coin reached its goodly auction aggregate because it is only one now that the US Government has deemed recognized for a man to hold But fair because this one sold for such a large quota unfortunately no others are likely to go for this benign of budgetary and can not be legally sold as they hold not been deemed as being proper by the US Government