How Much Is A Silver Double Eagle $2 Coin Worth?

Last Updated on June 14, 2022

The Silver Eagle bullion program in the USA was initiated by Angela Buchanan. She was the 37th Treasure of the USA and had a vision for the $2 silver double eagle coin in mind. The worth of this coin will depend on the condition and many other factors

If you want to know more about the silver double eagle $2 coin, you are in the right place. Here is what you must know. 

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How Much Is A Silver Double Eagle $2 Coin Worth?

The silver double eagle $2 coin is worth close to $40. You can easily find this coin on various auction sites or online marketplaces. That is because many people collect this coin to add to their coin collections. 

The best part is that many places also have sales, which is why you can also get this coin for close to $20. We recommend that you check the online marketplaces and auction sites in your region. It will give you a better idea of the worth of this coin, and you can make a decision accordingly. 

These coins are uncirculated legal tenders, which is why you will not find them in circulation. So, be sure to find this coin for your collection. 

What Are The Features Of The Silver Double Eagle $2 Coin?

The features of the coin will help you understand its authenticity. You will find two incredibly fine frosted eagles flying side by side on the obverse side of the coin. They will be flying under the phrase “American Double Eagle.”

On the reverse side of the coin, you will find the iconic Liberty Bell. It will also have a Cook Islands imprimatur and the $2 denomination. These were one of the first-ever non-circulated legal tenders to be created. 

The coin gleams brilliantly and has a mirror-like background that you will love. It is one of the most aesthetic coins that you can add to your collection.

Is The Silver Double Eagle A Real Coin?

Many people think the silver double eagle is a fake because of the luster and the shine. However, these are one of the purest silver dollars ever circulated in the USA. These are pure silver, which is why the appearance of this coin is like no other. 

You can easily find this coin with a simple Google search. Once you do, you can sell it later on if you don’t intend on keeping it in your collection for a long time. You will get a high value for it. 

Are Silver Double Eagle Coins Worth Anything?

The silver double eagle has many variations, and each one has a unique value. At face value, these coins don’t have a high worth. However, when you look at the metal content, you understand the real value of these coins. 

For example, the 1933 double eagle coin is one of the most expensive coins. That is because it was sold for eight million dollars in 2002. Almost all collectors have wanted to get their hands on that coin for a long time. 

Of course, such coins are rare. Most of these coins are now in silver and readily available. That is why they will not sell for such a significant amount. 

Who Bought The 1933 Double Eagle Coin?

Out of the many 1933 double eagle coins, two of them were sent to the Smithsonian. Apart from that, Sotheby’s had an auction, and an American shoe designer and collector bought the 1933 double eagle coin for around eight million dollars. This rare coin was sold to Stuart Weitzman. 

Weitzman is an avid coin collector, and he acquired this coin in 2002. At that time, such a price for a coin was a world record. Now, you will see many rare coins being sold for millions of dollars. 

Is It Illegal To Own A 1933 Double Eagle Coin?

Only one of the 1933 double eagle coins has been sold. Besides that, the 1933 double eagle legal coin can’t be possessed by any member of the public, as that would be deemed illegal. That is because these coins were not issued to the public. 

So, according to this rule, these coins are the property of the US government. You can’t legally own this coin. 

How Much Was A Double Eagle Worth In 1868?

The 1868 double eagle coin is worth between $2,000 and $4,000 in circulated conditions. If you find this coin in uncirculated conditions, it will be worth more than $37,500. Of course, that also depends on the grade of the coin. 

However, these coins have a high value, which is why you can sell them for thousands of dollars. If you want to buy this coin, you will have to do some research to find someone that owns them. 

Jackie Palmer is a Houston-based coin journalist and fashion enthusiast. She joined Jewels Advisor’s content team after years of experience as a content strategist, managing blogs and social channels for local stores. Jackie mostly collects and studies US coins produced during the 20th century and over the years, published hundreds of articles for multiple coin publications.