1849 Coronet Head Gold $20 Double Eagle

By: Mobin

Minted due to the California Gold Rush, the 1849 Double Eagle was a new, larger $20 gold denomination compared to the old $10 Eagle.  

Gold Rush

Only 1 example was produced of the 1849 Double Eagle design. It's now housed at the Smithsonian Institution's National Numismatic Collection.

Single Specimen

As a pattern coin intended for testing, the 1849 Double Eagle is extremely rare and valuable - worth over $18 million by estimates.

Pattern Issue

Featuring a left-facing Liberty Head design by James B. Longacre, the obverse is similar to other mid-19th century US gold coins. 

 Coin Design

Graded Specimen-66, the 1849 Double Eagle at the Smithsonian is in exceptional condition adding to its immense rarity and value.

High Grade

If the Smithsonian's 1849 Double Eagle was ever sold privately, experts estimate its value would be $18-20 million - making it the world's most valuable coin.

Private Sale Value

With the California Gold Rush causing the need for heavier denominated coins, the 1849 Double Eagle has special historical significance.  

California Connection  

Story of the 1933 Double Eagle Coin