What is the value of the American gold coin called the Double Eagle?
Double eagle April 2, 1792). Likewise, the double eagle was specifically created as such by name in the Coinage Act of 1849 ("An act to authorize the coinage of gold dollars and double eagles", title and section 1, March 3, 1849). Prior to 1850, eagles with a denomination of $10 were the largest denomination of US coin. The $10 eagles were produced beginning in 1795, just two years after the first U.S. mint opened. Since the $20 gold piece had twice the value of the eagle, these coins were designated "double eagles". The first double eagle was minted in 1849, coinciding with
American Gold Eagle American Gold Eagle The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term "eagle" also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American Gold Eagles (e.g., "1/2-ounce American Gold Eagle") to avoid confusion. This is particularly true with the 1/4-oz American Gold Eagle, which has a marked face value of ten dollars. Offered in 1/10 oz, 1/4