Daily Rare Coin Update
July 29, 2009 – The $20 Lady Liberty coins are some of the most popular investment-grade rare coins because investors in the United States have been avidly using them as a long-term wealth preservation tool that has the potential to outperform other popular gold products. $20 Lady Liberty coins are considered Double Eagles because standard Eagles were worth $10, hence the name. These American masterpieces were first minted in 1849 because gold was in high abundance as a result of the California Gold Rush that caused hordes of American pioneers to seek riches on the western side of our great continent. Unfortunately, in the early 1900’s, President Theodore Roosevelt wanted to upgrade the $20 Lady Liberty coins because he felt that they were dull in appearance, thus he called upon Augustus Saint-Gaudens to create a completely new design for a completely new coin, which ended up being the $20 Saint-Gaudens that was first minted in 1907.
As far as investing is concerned, the $20 Lady Liberty coins have proven their potential as long-term wealth preservation tools because investment-grade rare coins hold the ability to resist sudden market fluctuation while at the same time maintaining consistent price increases because after all, do you know any antiques that lose value over the years? Many investors prefer them over other investment-grade rare coins because they hold historical significance along with preservation potential. If you would like to learn more about these unique gold diversifications, feel free to browse this website or visit other reputable websites such as www.Gold-Investment.info and www.Gold-Eagle.org.
Shawn Penny
Senior Staff Writer - Rare-Coin.org
