The value of a twenty-dollar gold eagle coin, specifically the St. Gaudens Double Eagle (1907-1933), is primarily determined by its gold content, which is approximately 0.9675 troy ounces . Current gold spot prices are around $3,336 per troy ounce.
Therefore, the melt value of a St. Gaudens Double Eagle is roughly $3,227 (0.9675 ozt * $3,336/ozt).
However, the numismatic or collectible value of these coins can be significantly higher due to factors like:
- Rarity: Some years and mint marks are rarer than others, driving up their value. For instance, the 1920-S, 1921, and 1924-S mintings are particularly sought after.
- Condition/Grade: The state of preservation is crucial. Coins graded as Mint State (MS-60 to MS-70) can command significantly higher prices than those in circulated condition.
- Historical Significance: Certain coins with unique characteristics or historical connections can be more valuable.
Based on recent market data and specific conditions:
- A [1920 St. Gaudens Gold Double Eagle] in circulated condition may be worth between $3,375 and $3,525 , according to NGC.
- A 1920 St. Gaudens Gold Double Eagle in pristine, uncirculated condition, has sold for as much as $135,000.
- A 1920 $20 St. Gaudens Double Eagle graded MS-64 by NGC sold recently for $5,995.
- Other $20 St. Gaudens Double Eagles in various Mint State grades (MS-62 to MS-65) range in price from $3,888 to $4,082.
In conclusion, while the gold content provides a baseline value, the specific year, mint mark, and condition/grade can greatly affect the actual market price of a $20 gold eagle coin, ranging from around $3,227 (melt value) to over $135,000 for exceptional examples. It’s recommended to consult with a reputable coin dealer or grading service for an accurate valuation of a specific coin.
What is the current value of a gold eagle coin?
What is the current value of a one ounce Gold American Eagle coin? The current ask purchase price for a one ounce American Gold Eagle is: $3,497.90 and the current Monex bid selling price for one ounce Gold Eagle coin is: $3,360.70.