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How much was a gold $20 Double Eagle worth in the late 1800s?
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<p>[QUOTE="Gam3rBlake, post: 5172722, member: 115909"]Thats true. I guess I always imagined a mixture. Like if it was $60 maybe 2x $20 Double Eagles (very large purchases), 1x $10 Eagle (large purchases), 1x $5 Half Eagle (medium purchases), and then 2x $2.50 Quarter Eagles.</p><p><br /></p><p>Or something like that. Then breaking $2.50 from a quarter eagle down into 2 Morgan Dollars and a Seated Liberty Half Dollar wouldn’t be such a big deal.</p><p><br /></p><p>Id imagine most places where anyone would want to purchase something (like a saloon or general store) would have $2-3 in change and be able to handle a $2.50 quarter eagle payment no problem.</p><p><br /></p><p>I actually have a 1928 MS61 Indian Head Quarter Eagle and it’s almost exactly the same size as a modern dime so it seems like it would be a good coin to have.</p><p><br /></p><p>Small enough so most people would have change for it and valuable enough to store a lot of wealth in a lightweight, small, form.[/QUOTE]</p><p><br /></p>
[QUOTE="Gam3rBlake, post: 5172722, member: 115909"]Thats true. I guess I always imagined a mixture. Like if it was $60 maybe 2x $20 Double Eagles (very large purchases), 1x $10 Eagle (large purchases), 1x $5 Half Eagle (medium purchases), and then 2x $2.50 Quarter Eagles. Or something like that. Then breaking $2.50 from a quarter eagle down into 2 Morgan Dollars and a Seated Liberty Half Dollar wouldn’t be such a big deal. Id imagine most places where anyone would want to purchase something (like a saloon or general store) would have $2-3 in change and be able to handle a $2.50 quarter eagle payment no problem. I actually have a 1928 MS61 Indian Head Quarter Eagle and it’s almost exactly the same size as a modern dime so it seems like it would be a good coin to have. Small enough so most people would have change for it and valuable enough to store a lot of wealth in a lightweight, small, form.[/QUOTE]
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How much was a gold $20 Double Eagle worth in the late 1800s?
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