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50 Gram Argor SA Gold Bar

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  • Title: 50 Gram Argor SA Gold Bar

Full Description

The American Gold Double Eagle is large coin with $20 denomination. The year 1840, was crucial for the minting of various gold coins in the United States. In 1840, California mines mined such huge amounts of gold and sent to the U.S Treasury, that it became crucial for them, to  think of widening their present mintage of the $1 denominations. Later in 1849, the Congress authorized the mintage of the Double Eagles. The result of the gold rush was that the Double Eagle Liberty became the most circulated gold coin in the history.

The Obverse: The obverse design shows the Lady Liberty facing left with crown studded with pearls.LIBERTY is also inscribed on the obverse of this coin.

The Reverse: The reverse shows the Great American Eagle with the shield beneath 13 stars.

Both, the obverse and the reverse were designed by the Indian Head Penny fame - James Barton Longacre.

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