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1897-S $20.00 LIBERTY GOLD DOUBLE EAGLE CIRC
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1897-S $20.00 LIBERTY GOLD DOUBLE EAGLE CIRC
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Click Double your traffic. Get Vendio Gallery - Now FREE! SHOWN FOR YOUR CONSIDERATION IS A VERY DESIRABLE 1897-S $20.00 LIBERTY GOLD DOUBLE EAGLE. DON'T MISS THIS QUALITY CIRC COLLECTOR COIN. FILL THAT HOLE IN YOUR COLLECTION TODAY . GOLD Gold has served as money or established the monetary value of currencies longer than any other material. The use of gold coins was widespread in Europe by the fourth century B.C. The earliest coins circulated in the United States were foreign coins, mostly gold, brought from Europe. The Coinage Act in 1792 established an independent monetary system with the dollar as the basic United States monetary unit containing 24 3/4 grains of fine gold, based on the world price of $19.39 a troy ounce (480 grains). Congress changed the gold specification in 1834 and again in 1837, when it set the dollar price of gold at $20.67 an ounce. In 1934, United States citizens were prohibited from holding monetary gold in this country; this was extended in 1961 to gold held abroad as well. The dollar price was then set at $35 per ounce. Use of gold in international trade was further restricted as the price rose. The government revalued it at $38 per ounce in 1972, then $42.22 in 1973. It has fluctuated widely over the past few years. All restrictions on holding gold were removed in 1975. DOUBLE EAGLES ($20.00 GOLD PIECES)--1850-1933 The largest denomination of all regular United States issues was authorized to be coined by the Act of March 3, 1849. Its weight was 516 grains, .900 fine. The 1849 double eagle is a unique pattern and reposes in the Smithsonian. The rarest date obtainable is 1884. The 1861 reverse design by Anthony C. Parquet was withdrawn soon after striking. Very few specimens are known. Designer James B. Longacre; weight 33.436 grams; composition: .900 gold, .100 copper; diameter 34 mm; reeded edge; mints: Philadelphia, Carson City, Denver, New Orleans, San Francisco. Net weight: .96750 oz. pure gold. PAYMENT DUE NO LATER THAN 10 DAYS FROM END OF AUCTION. * TITANIUM * CLICK TO SEE MORE TERRIFIC AUCTION'S WITH ABSOLUTELY NO RESERVES! *EXTREMELY IMPORTANT WHILE WE DO EVERYTHING POSSIBLE TO INSURE THE INTEGRITY OF OUR AUCTIONS, WE RESERVE THE RIGHT TO VOID ANY AUCTION DUE TO ANY INADVERTENT ERROR IN PRICE OR CONTENT. THANK YOU FOR YOUR COOPERATION IN HELPING US TO SERVE YOU MORE EFFICIENTLY. FREE scheduling, supersized images Over 100,000,000 served. Get FREE counters from Vendio today!
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