The melt value of a $20 gold piece is $2,529.58 as of December 23, 2024.
What is the Melt Value of a $20 Gold Piece Right Now?
The melt value of a $20 gold piece, also known as a Double Eagle, is based on its gold content and the current market price of gold. These historic coins were primarily minted in two designs: the Liberty Head and the Saint-Gaudens.
Both the Liberty Head and Saint-Gaudens $20 gold pieces contain 90% gold. Despite their different designs and mintage years, their melt value is identical because they contain the same amount of pure gold by weight. This value represents the intrinsic worth of the gold metal itself, separate from any numismatic (collector) value the coin might possess.
Here's a breakdown of the melt value for $20 gold pieces:
Coin Type | Composition | Melt Value (as of 12/23/2024) |
---|---|---|
Liberty Head $20 | 90% Gold | $2,529.58 |
Saint-Gaudens $20 | 90% Gold | $2,529.58 |
It's important to note that the melt value is subject to fluctuations in the spot price of gold. The provided value is a snapshot as of the specified date. Collectors and investors often consider both the melt value and the numismatic value when assessing the total worth of such a coin. For many historic gold coins, the numismatic value, driven by rarity, condition, and historical significance, can far exceed their melt value.