The American Double Eagles were well known as the gold pieces representing American wealth for 84 years with their usage in large transactions as one would with money. But today, the US $20 gold coin holds only intrinsic and personal value for its owner. You can still find a sample of this gold coin in the US Smithsonian National Collection that was produced in 1849. It was only in 1950 that these coins were produced for circulation as currency; this first batch was known as ‘No Motto’ or Type One. Since then, many variations have been minted. Each $20 gold piece today holds its own … [Read more...]