The High
Relief Saint Gaudens Double Eagles have long been considered
America’s most beautiful coin; however, even the low
relief coins that Charles Barber modified have had lasting
beauty and appeal. The modern Gold American Eagle bullion
program uses a modification of the Saint
Gaudens Double Eagle low relief design, and it is exceedingly
popular with investors as a replacement for the Union of
South Africa Krugerrand.
The coinage began in 1907
with the Ultra High Relief pattern coins. These are so rare
that they are virtually unavailable today with 15 certified
by both major grading services, and this number does not
account for resubmissions and crossovers. The High
Relief Saint Gaudens Double Eagle coins followed in
the same year. With a mintage of 12,367, they are available
to collectors and investors today. Some of the Saint
Gaudens Double Eagle coins have a “wire rim”
and others a “flat rim.” The former is caused
by extra metal being squeezed out between the dies and collar
causing a rim or flange around most of one or both sides.
The coins also have a lettered edge. E PLURIBUS UNUM is
on the edge with stars dividing the words.
Low relief Saint
Gaudens Double Eagle coins were also issued in 1907.
They continued until 1933, when all gold production stopped.
The low relief coins had Arabic numerals for the date instead
of the Roman numerals seen on the previous two issues. In
1908, despite President Roosevelt’s preferences to
the contrary, the motto IN GOD WE TRUST was added to the
reverse. In 1912 two stars were added to the obverse of
the coin to correspond with the new states added to the
Union.In addition to regular issues, proof Saint
Gaudens Double Eagle coins, while rare, are available
to collectors and investors. They were issued, aside from
the High Relief pieces, from 1908 to 1915. Proof coins of
the time came in several different finishes: matte, sand
blast, and satin or Roman finish.
"IN GOD WE TRUST"
OMITTED FROM REVERSE (1907-1908)
Includes
Ultra High Reliefs- not available to most collectors with
only 14 certified, the finest of which are 2 in PR69;
High Reliefs- 2 types Wire Rim and Flat Rim, both available
most grades including Mint State, the finest certified
Wire Rim is a single MS69 example, the finest certified
Flat Rim are 3 in MS68; and Arabic Numerals, common in
grades up to MS65, the finest certified is a single MS67+
example. NGC has certified 251 High Relief proofs the
finest of which are 2 in PF69; PCGS does not recognize
High Relief proofs. Arabic Numerals proofs come with Roman
or Matt finish, the finest certified are 5 in MS68. 1907
$20 High Relief NGC PF63
Common in grades up to MS64; scarce in gem, usually found
with good luster but weakly struck on capitol building
and upper part of Liberty; the finest certified are 14
in MS66.
Available
in grades up to MS64; the finest certified is a single
MS67 example. Approximately 65 proofs known; seen in both
Matte and Roman finish. 1908
St. Gaudens $20 With Motto NGC PF66
Available
in lower Mint State grades; the finest certified are 11
in MS66. Look for the 1909/8 overdate, which has similar
population numbers. Approximately 40 proofs known.
Available in grades up to MS64; usually seen with good
strikes and luster; the finest certified is a single MS67
example; also seen with doubled mintmark.
Available
in grades up to MS64; usually poorly struck with frosty
luster, often with greenish gold color; the finest certified
is a single MS66 example. Approximately 40 proofs known.
Common date; available in grades up to MS66; usually well
struck with good luster; many with heavy bag marks; the
finest certified is a single MS67 example.
Very
rare - most appear to have been melted; approximately
125 known in all grades; usually seen with weakness on
lower obverse and average luster; the finest certified
are 2 in MS66.
Common
in grades up to MS65; usually well struck with good luster;
the finest certified are 15 in MS66. Also seen with triple
die obverse, doubled die reverse, and prooflike surfaces.
Available
in grades up to MS64; rare in Gem and above grades; often
with weak peripheral strike and good luster; the finest
certified is a single MS66+ example.
Scarce
in grades up to MS64; rare in Gem and above grades; usually
average strike often with peripheral weakness and good
luster; the finest certified are 4 in MS66.
Scarce
in grades up to MS64; rare in Gem and above grades; usually
average strike often with peripheral weakness and good
luster; the finest certified is a single MS67 example.
Rare
in all grades; prohibitively rare in Gem and above; often
seen with weakness on lower left obverse; the finest certified
is a single MS66+ example.
Available
in grades up to MS64; rare in Gem and above; usually seen
with weak peripheral strike and good luster; the finest
certified is a single MS67 example.
Key
to the series; an extreme rarity! Only about 16 known
in all grades; included in 100 Greatest U.S. Coins; the
finest certified is a single MS67 example.
None
were placed into circulation and virtually the entire
mintage was melted. Only one example outside of government
hands is legal to own; included in 100 Greatest U.S. Coins.