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The 1927-D Saint-Gaudens Double Eagle represents an exception to this rule. WebUntil a sizable hoard of several hundred were discovered in Central America, the 1908-D Motto was one of the series' most underrated issues. President Roosevelt, likewise, must bear responsibility for constantly confusing the project with conflicting or incomplete communication to the artist and Mint Bureau.[42]. Medals, Email & This 1908 $20 Saint-Gaudens Gold Double Eagle has been certified as MS-66 by NGC, one of the top two coin grading services. Market Loss Policy | User Agreement. To My Young Brothers & Sisters at Reddit & Elsewhere. Simply click the link, enter your email address and start receiving the bombest discounts and deals this side of the Mississippi. Housed in Liberty is leading the way with a torch in her front hand and an olive branch in the back hand. A type set including Roman numeral dates and High Relief coins will be more expensive to complete. [5] Leech responded to the failed competition by directing Barber to prepare new designs for the dime, quarter dollar, and half dollar, resulting in the Barber coinage,[4] an issue which attracted considerable public dissatisfaction. This is not the case for the Saint Gaudens Double Eagle series. In grades of MS 60 to MS 63 the dates trade for little or no premium above that of the most common issues. Designer: Augustus Saint-Gaudens. After several versions of the design for the double eagle proved too difficult to strike, Barber modified Saint-Gaudens's design, lowering the relief so the coin could be struck with only one blow. Our large inventory caters to both the bullion investor as well as the collector. Market Loss Policy | The government confiscated at least nine specimens in the 1940s and destroyed them. Engraved Prints, Shop All Gift In August 1907, Roosevelt nominated San Francisco Mint Superintendent Frank Leach as Director of the Mint; he took office on November 1, 1907. Write CSS OR LESS and hit save. The 1933 Saint-Gaudens double eagle was sold July 30, 2002, in New York City in a one-lot auction conducted by Sotheby's in conjunction with Stack's for $7.59 million plus $20. The Saint-Gaudens double eagle $20 gold coin was first struck in 1907 and is largely common as far as pre-1933 gold coins go. 5 Beds. Coins with low figures are generally the scarcest and correspondingly carry the highest values. [2], Sculptor Augustus Saint-Gaudens's first association with the Mint was in 1891, when he served on a committee judging entries for the new silver coinage. In sculpture, the term "high relief" is rather imprecise, but is typically used to describe reliefs where 50% or more of the notional volume of the subject projects from the background, something that almost never happens in coins. Metal Coins, back to In the aftermath of the war, international demand for the coin was restored; many Europeans distrusted their local currencies and desired double eagles to hold. When brought to New York for sale to a prospective buyer, it was seized by U.S. authorities. Several major versions of the coin may be included in a type collection: the Extremely High Relief, Roman Numerals, Lettered Edge coin of 1907; the High Relief, Roman Numerals, Wire Rim coin, also 1907; the High Relief, Roman Numerals, Flat Rim coin, 1907; the Arabic Numerals, Low Relief, No Motto coin, 1907 and 1908; and the Arabic Numerals, Low Relief, Motto coin, 1908 to 1933. The United States Mint looks forward to the 21st century and a new era of modern coinage. [15], Saint-Gaudens had intended a flying eagle design for the cent,[16] but developed it for the twenty-dollar piece after learning that by law, an eagle was not to appear on the cent. Uncertain where to find Hering, Roosevelt ordered the new Secretary of the Treasury, George Cortelyou, to have the Mint finalize the design and put the coin in circulation by September 1. Pleasesign inorjointo share your thoughts on this story. Bags, & Boxes, Code The coin itself rarely circulated in the United States. Collectors absolutely adore proof Saint-Gaudens double eagles. [30] Saint-Gaudens had produced the models for these dies under the misapprehension that the first pieces had been struck on a production press, rather than on the Mint's only medal press, and therefore only slight adjustment need be made. Stay Informed of Our Special Offers. Mintages for examples with and without the motto are shown. These "checker" pieces were destroyed (except two placed in the Mint's coin collection) when it was discovered that the consent of Congress was needed to change the diameter of any coin. The United States of America, a bold experiment in liberty and representative democracy, had not only succeeded, it had come of age. If for any reason, you have a problem, please feel free to call us. The double eagle, due to its very high face value, equivalent to several hundred dollars today, did not widely circulate, but was the coin most often used for large international transactions, in which settlement was to be in gold. American $1 Coins, SHOP Feel free to use our site for all your indications of the spot gold price. It is composed of 90% gold and 10% copper, and contains .96750 troy ounces of gold. Write a Review. Whether you're new to Precious Metals, or just new to APMEX, we're glad you are here. [4] This came as no surprise to Saint-Gaudens, who told Mint Director Edward O. Leech that there were only four men in the world capable of such work, of whom three were in France and Saint-Gaudens was the fourth. "[37] In January 1908, the President wrote to his friend, Dr. William Sturgis Bigelow: I am very much pleased that you like that coin. On March 6, however, the newly inaugurated president, Franklin Roosevelt, had ordered the Treasury not to pay out any gold, and ordered that banks holding gold transmit it to their Federal Reserve bank. WebMintages were never very high on any Saint-Gaudens double eagles. There were four variations of the 1907 Double Eagle. Two 1933 double eagles were sent by the Mint to the Smithsonian Institution for the National Coin Collection, where they remain today. CTRL + SPACE for auto-complete. $645,000. Saint-Gaudens based his design on the female figure he had designed in creating New York City's monument to General William Tecumseh Sherman,[19] but the sculptor's ultimate inspiration was the Nike of Samothrace. Mintages were never very high on any Saint-Gaudens double eagles. All rights reserved. [62] The heirs, on November 4 of that year, asked the Supreme Court to review the case,[63] which refused to hear it on April 21, 2017, ending the case. Therefore, St. Gaudens is named after its designer who designed the obverse(front) and reverse(back). Make this your new home just in time for the holidays! Liberty, Bush Golden Eagle Coins works best with JavaScript enabled. [55] The purchase price included $20 paid to the federal government to monetize a coin it contended had never been officially released. [64], The obverse has appeared on American gold bullion coinage issued since 1986. "[3] Over 12,000 of these "High Relief" pieces were struck and were released into circulation in 1907 and 1908. Free shipping . [61] On August 1, 2016, the full Third Circuit ruled in favor of the government, upholding the jury verdict. The double eagle, or twenty-dollar gold piece, was first issued in 1850; its congressional authorization was a response to the increasing amount of gold available as the result of the California Gold Rush. & Sales Figures, 2009 Ultra High Relief Double Eagle Gold Coin. He became upset with government officials a few years later when they rejected the reverse design for his World's Columbian Exposition commemorative presentation medal, as well as rejecting several revised designs. Composition: 90% gold, 10% copper. President Teddy Although the sculptor had poor experiences with the Mint and its chief engraver, Charles E. Barber, Saint-Gaudens accepted Roosevelt's call. Despite a mintage of almost 1.8million pieces of the 1929 double eagle, it is estimated that fewer than 2,000 exist today, with all the rest melted by the government in the late 1930s. previous, back to Honor, Rolls, The date appears in the right and in some of the 1907 mintage it appears in Roman numerals. NGC encapsulation guarantees the coins MS-65 condition. The coin was claimed to be the 1933 double eagle once owned by Egyptian King Farouk, who was granted an export license for the coin by the Treasury Department in 1944. [17] Saint-Gaudens's health worsened through 1906, as the cancer which would kill him forced him to have his assistant, Henry Hering, deal with many of the details of the work. Product 1910D $20 Gold Saint Gaudens Double Eagle Coin MS63 . [32] Barber wrote Philadelphia Mint Superintendent John Landis on August 14 that what Roosevelt wanted was impossible; he had no dies nor any clear idea of how Saint-Gaudens had planned to reduce the relief. [25] Experimental dies were made from the plaster model. Mint marks are on the obverse for the Saint-Gaudens series, an unusual placement for Mint marks on U.S. coins from this period. The coin became the subject of a prolonged court battle and in an unprecedented action, United States Mint officials reached an out-out-court agreement with the British coin dealer to permit the seized coin to be sold at public auction and the proceeds to be split evenly between the dealer and the Mint. Shaw replied, "While we are making coins for the people of the United States, I think we should confine ourselves to the English language. The Mint chief engraver alleged that he could take no action with respect to the double eagle. She steps confidently forward with the U.S. Capitol building and the rays of the sun behind her. The Saint Gaudens design was created in 1907 for use on $20 US gold coins and would come to be known as the double eagle. [47] The onset of the Depression in 1929 did not halt the minting of double eagles, but the coins were for the most part held in Treasury vaults, and few were released. [19] On the coin, Liberty holds a torch in one hand, representing enlightenment; an olive branch in the other, a symbol of peace. The NGC Green Label posses a variety of collector-friendly attributes, including attractive eye appeal, a strong strike, impressive luster or great color. [53] In 1944, a journalist enquired of the Mint regarding the 1933 double eagles. The highest mintages recorded are 8,816,000 for 1928; 4,323,500 for 1924; and 4,271,551 for the 1908 No Motto. The exposition directors hastily withdrew the reverse design and replaced it with one created by Barber which, according to numismatic historian Walter Breen, was "notable only for banality". Despite its mintage of more than 1.1 million pieces, the 1932 Saint-Gaudens double eagle is one of the rarest and most sought-after issues of the series. On the obverse, Saint-Gaudens shows Liberty, personified by a statuesque woman striding powerfully forward. Following are the mintages and values of 1927 Saint-Gaudens double eagles: 1927 2,946,750, value is roughly 110% of one-ounce gold bullion value (about $2,112.45) 1927-D 180,000, $500,000 1927-S 3,107,000, $12,000 * Values are for coins in Extremely Fine-40 grade, unless otherwise noted. Surely this is so when looking at the absolute key dates, including the 1907 Ultra High Relief, 1920-S, 1921, 1926-D, 1927-D, 1931-D, 1932-D, and of course the 1933 the latter becoming the most valuable coin ever when the single privately owned specimen sold in 2021 for more nearly $18.9 million. In all grades below Mint State, the 1925 Philadelphia Saint-Gaudens Double eagle sells either for melt (currently $1,631.46) or for a 3-5% premium. Please call our Purchasing team at (800) 514-6318 to speak to one of our representatives or learn more about How to Sell Gold to APMEX. The most significant examples of coins with high reported production, but low survival rates are the 1927-D and 1933 Saint Gaudens Double Eagles. Augustus Saint Gaudens had originally intended to the coins to be struck in ultra high relief, but this was lowered to high relief for initial circulation production. *Values are for coins in Extremely Fine-40 grade, unless otherwise noted. [18] These patterns are today known as the "Ultra High Relief" or "Extra High Relief" pieces, and only about 20 are known[26]one sold in a 2005 auction for $2,990,000. Perhaps half of the 161,282 double eagles struck at Philadelphia that year display the overdate. Saint-Gaudens' participation in coinage designs dated from 1891, when he first sat on a committee reviewing designs for silver coins. The President mentioned that he had been looking at gold coins of Ancient Greece, and that the most beautiful ones were in high relief. He thought the coins of that era were unattractive and wanted them to instead embody our national identity and growing preeminence on the world stage. What emerged has been called the most beautiful coin ever minted in the U.S. and perhaps the world the 1907 $20 gold piece, also known as the Double Eagle. We have perfected what has been called one of the most beautiful coins in the world, but, like America itself, there is much more on the horizon. A total of 361,667of the revised design were produced by the Mint in 1907; the "Low Relief" coins were released into circulation at the end of December 1907. Barber created a lower relief version to replace Saint-Gaudens' original concept. "[34] Instead, Barber began work on his own low relief version of Saint-Gaudens's design.[35]. The coins were minted from 1907 to 1933 with a few modifications to the design, most notably the relief in which it was rendered. Saint-Gaudens had the models for the coins made in Paris, rather than at the Mint, in order to bypass any obstruction by the Mint. In his book discussing the redesigns of U.S. coins between 1905 and 1908, Burdette casts blame on all parties for the delays in the new coin: Responsibility for most of the delays in producing the new coinage must fall on the Saint-Gaudens studio for failing to deliver models in a timely manner. Thank you for signing up with United States Mint! We offer all sizes of American Gold Eagles and carry large quantities of Canadian Gold Maple Leafs, Gold Krugerrands & Gold Bars. The Langbord family filed suit seeking return of the coins and the case was still in litigation in 2009. The 21st century vision of the United States Mint, combined with technological advances, enabled the United States Mint to realize the previously unattainable goal of making the coin accessible to all Americans. Created by reknown sculptor Augustus Saint Gaudens, a striking image of Liberty is portrayed holding an olive branch and lit torch. Our quotes come directly from the commodities exchange and are updated in real-time. Dollars, Native Precious Metal Composition: 0.9675 ounce. Medals, Treasury and It was confiscated from a a British Coin Dealer and after a long legal battle between a British coin dealer & the US government, the proceeds of the auction was split 50/50. The first two attempts were considered ultra high relief (also referred to as extremely high relief), a 34-mm version and a 27-mm version, both with Roman numerals.
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