The subject refers to a specific denomination of United States currency struck in gold during the year 1904. The face value of this particular coin is twenty dollars. Examples of this type of currency include the Liberty Head Double Eagle and the Saint-Gaudens Double Eagle, both of which were produced in 1904.
These pieces are historically significant due to their intrinsic gold content, reflecting the gold standard era in American monetary policy. They are highly prized by collectors and investors for their rarity, historical value, and precious metal content. The condition of these coins significantly impacts their value, with uncirculated examples commanding premiums above their gold value. The year 1904 falls within a period of robust economic activity and expanding global trade, adding further context to the coin’s issuance.