On This Day

Gold Coinage Act authorizes $20 Double Eagle gold coin and the $1 Gold Liberty coin in the USA

A double eagle is a gold coin of the United States with a denomination of $20. (Its gold content of 0.9675 troy ounces [30.09 g] was worth $20 at the 1849 official price of $20.67 ozt by the Gold...

A double eagle is a gold coin of the United States with a denomination of $20. (Its gold content of 0.9675 troy ounces [30.09 g] was worth $20 at the 1849 official price of $20.67 ozt by the Gold Reserve Act.

Historical Significance

A double eagle is a gold coin of the United States with a denomination of $20.

Events Before

  1. British forces forcibly seize the port of San Juan del Norte (later Greytown) from Nicaragua

    British forces forcibly seize the port of San Juan del Norte (later Greytown) from Nicaragua

  2. James Marshall finds gold in Sutter's Mill in Coloma, California [1]

    The California gold rush (1848–1855) was a gold rush in California, which began on January 24, 1848, when gold was found by James W. Marshall at Sutter's Mill in Coloma, California.

  3. Treaty of Guadalupe Hidalgo ends the Mexican–American War. Mexico loses 55 percent of its territory to the US, including

    Treaty of Guadalupe Hidalgo ends the Mexican–American War. Mexico loses 55 percent of its territory to the US, including California, Nevada and Utah in exchange for $15 million.

  4. Karl Marx and Friedrich Engels publish "The Communist Manifesto" in London

    The Communist Manifesto (German: Das Kommunistische Manifest), originally the Manifesto of the Communist Party (Manifest der Kommunistischen Partei), is a political pamphlet written by Karl Marx and…

  5. Confederate General James Longstreet (27) weds Maria Louisa Garland in Lynchburg, Virginia

    Confederate General James Longstreet (27) weds Maria Louisa Garland in Lynchburg, Virginia

Events After

  1. Senator Henry Clay drafts the Compromise of 1850 to defuse tensions between slave states and free states over territorie

    Senator Henry Clay drafts the Compromise of 1850 to defuse tensions between slave states and free states over territories won during the Mexican–American War

  2. French writer and playwright Honoré de Balzac marries Ewelina Hańska in Berdyczów, Ukraine

    French writer and playwright Honoré de Balzac marries Ewelina Hańska in Berdyczów, Ukraine

  3. American Union Army General William Tecumseh Sherman (30) weds Eleanor Boyle Ewing in Washington, D.C., until her death

    American Union Army General William Tecumseh Sherman (30) weds Eleanor Boyle Ewing in Washington, D.C., until her death in 1888

  4. Poet Alfred Tennyson (40) weds Emily Sellwood (36)

    Poet Alfred Tennyson (40) weds Emily Sellwood (36)

  5. First public demonstration of ice made via refrigeration by Florida physician John Gorrie

    First public demonstration of ice made via refrigeration by Florida physician John Gorrie

More from the 1840s

Frequently Asked Questions

What happened on March 3, 1849?
A double eagle is a gold coin of the United States with a denomination of $20. (Its gold content of 0.9675 troy ounces [30.09 g] was worth $20 at the 1849 official price of $20.67 ozt by the Gold Reserve Act.
Why is Gold Coinage Act authorizes $20 Double Eagle gold coin and the $1 Gold Libert... significant?
A double eagle is a gold coin of the United States with a denomination of $20.

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