The value of a Double Eagle coin can range significantly, depending on several factors.
Here’s a breakdown
- All Double Eagle coins contain 0.9675 troy oz of pure gold.
- To determine the melt value, you can multiply this weight by the current spot price of gold.
- As of August 12, 2025, the live gold spot price per ounce is around $3,362.80 USD.
- Therefore, the melt value of a Double Eagle coin is approximately $3,362.80 * 0.9675 = $3253.94.
- This value is added to the melt value and depends on factors like rarity, condition, mint year, and historical significance.
- Condition and Grade: Coins in better condition (higher grades) are generally more valuable. The Sheldon coin grading scale assigns a number from 1 to 70 and an adjective (e.g., MS-70 or F-15) based on factors like manufacturing quality, wear, and luster.
- Rarity and Mint Year: Lower mintage numbers and coins from specific years or mints can be significantly more valuable.
- Historical and Numismatic Value: Double Eagles with interesting stories, unique design variations (like the 1907 Ultra High Relief or the 1861 Paquet Reverse), or those recovered from shipwrecks can command higher prices.
- Market Demand and Collector Interest: The popularity and interest in specific Double Eagles can also influence their price.
- Common date and moderately circulated Double Eagles typically sell for around $2,000 to $2,200.
- However, rare issues like the 1933 Double Eagle or the 1927-D Saint-Gaudens Double Eagle have sold for millions of dollars at auction.
Important note: Consulting reputable pricing guides like Greysheet or NGC Price Guide is essential for determining the specific value of your Double Eagle coin. Consider contacting a knowledgeable specialist dealer for expert advice and assistance, [according to Douglas Winter Numismatics].
Are Double Eagle coins worth anything?
Only 12,367 of these coins were struck in 1907. These coins easily top the $10,000 price in circulated grades, but can reach nearly a half million dollars in the best states of preservation.
Is it illegal to own a 1933 double eagle coin?
I can help with that. For example, the 1933 Double Eagle gold coin, minted but never legally circulated, is considered government property and therefore illegal to own. In fact, owning one of these rare $20 coins today is not just illegal but may result in confiscation.
Why is the 1849 Double Eagle so rare?
Longacre, the artist selected to design the new large coin, encountered initial opposition from Mint officials, and it was late December before the first two pattern double eagles could be struck. One disappeared long ago, leaving this as the only surviving gold pattern from 1849.