2009 Ultra High Relief Gold Coin Values

The 2009 Ultra High Relief $20 Double Eagle Gold Coin is one of the most exciting US Mint offerings this year with collectors jumping in to purchase 102,311 as of Nov. 1.

Nothing highlights the coin’s popularity better than the sizzling sales of 28,173 on their Jan. 22, 2009, launch day. And that was in spite of a recession, a one coin order limit preventing bulk buying and gold hovering around $860 an ounce making the double eagle’s issue price $1,189 — a hefty amount for the average collector.

Flash forward 10 months… The economic picture continues to be cloudy — worse for some with the unemployment rate now at 10.2%, and gold has touched $1,100 pushing the UHR price up $250 more to $1,439 (and knocking at the door of $1,489). Despite the US Mint lifting order limits, it’s not surprising that only 1,607 more were purchased during the last two weeks of October. Throwing aside all the negative factors, it would be rare indeed for sales to be thrashing for months on end.

However, an analysis (see chart below) of eBay completed auctions from September 1 through October 31 shows there is still excitement in the air. Graded MS70 UHRs continue to command solid premiums in the secondary market.

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