Saint Gaudens Gold Coin
The Saint Gaudens $20 gold coins are the most well-known among all US gold coin. The name Saint Gaudens is derived from the name of the designer, Augustus St.
Saint Gaudens gold coins are also known as “Double Eagles” because they are $20 gold coins. There were several changes in the early years of the design.
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 1933 $20 ST GAUDENS 24kt FULL SIZE TRIBUTE PROOF  US $20.50
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 1865 INDIAN HEAD CENT AU DARK WELL STRUCK GREAT DETAIL US $12.00
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 1914 S $20 SAINT GAUDENS GOLD COIN CH GEM BU US $1,277.88
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 1912 20 Saint Gaudens Gold PCGS MS63 Below Gresheet bid US $2,700.00
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 1927 $20 SAINT GAUDENS GOLD PIECECH GEM BU US $1,300.00
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 1908 D SAINT GAUDENS GOLD $20 DOUBLE EAGLE NO MOTTO US $1,219.75
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The first coin issued in 1907, featured a date in Roman numerals but this was later changed to Arabic numerals, the design of the St.Gaudens coin was slightly changed once more, when New Mexico and Arizona became states.
Launching of Saint Gaudens
In late 1905, American President Theodore Roosevelt‘s desired for American coins to look as beautiful as the coins of ancient Greek.
Saint Gaudens produced not only the venerable coin but also the beautiful head design. St.Gaudens gold coins created waves until in 1933 President Roosevelt called off.
St.Gaudens gold coins along with $20 Liberty-head Double-Eagles became the foremost choice of telemarketers. Investors new to the gold coin market often fall for telemarketers and which made them to pay prices far above the going market.
When to buy Saint Gaudens gold coin
Undoubtedly, Saint Gaudens gold coins are good investment when they are sold at spot or even at small premiums over spot. Graphs that plots St.Gaudens shows that in 1992, MS-62 St.Gaudens gold coins were sold at $20 over spot.
But, investors should be aware that the premiums could shrink as the price of gold goes higher.
Composition of St.Gaudens gold coin
Designer: Augutus Saint- Gaudens
Gross Weight: 33.436g
Gold Content: 0.9675 oz
Composition: 90% gold, 10% copper
Diameter: 34mm
Motto: None
Edge: E.PLURIBUS.UNUM
Date: 1908
Mint: Philadelphia.
Saint Gaudens Gold coins are readily available
St.Gaudens gold coins are plentiful and they are found in excellent condition. St.Gaudens gold coins are usually found in better condition because it’s hardly used as money.
No Motto Vs Motto
The 1908 no motto gold coin is one of the most common gold coins which are promoted. There were gold coins with no motto in it this is because President Roosevelt don’t want the coin with God’s name which are used in gambling, saloon etc.
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1933 $20 ST GAUDENS 24kt FULL SIZE TRIBUTE PROOF | |
3 Bids | US $20.50 | 18m |
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1865 INDIAN HEAD CENT AU DARK WELL STRUCK GREAT DETAIL | |
6 Bids | US $12.00 | 1h 35m |
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1914 S $20 SAINT GAUDENS GOLD COIN CH GEM BU | |
13 Bids | US $1,277.88 | 1h 46m |
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1912 20 Saint Gaudens Gold PCGS MS63 Below Gresheet bid | |
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US $2,700.00 | 1h 57m |
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1927 $20 SAINT GAUDENS GOLD PIECECH GEM BU | |
4 Bids | US $1,300.00 | 2h 2m |
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1908 D SAINT GAUDENS GOLD $20 DOUBLE EAGLE NO MOTTO | |
11 Bids | US $1,219.75 | 2h 2m |
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1835 CAPPED BUST LIBERTY SILVER QUARTER DOLLAR XF NICE | |
18 Bids | US $104.49 | 2h 14m |
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WHOLESALE LOT 5 1933 GOLD SAINT GAUDEN $20 COPY COINS | |
0 Bid | US $29.95 | 2h 21m |
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1913 20 Saint Gaudens Gold PCGS MS63 Below Gresheet bid | |
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US $2,950.00 | 2h 22m |
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1923 SAINT ST GAUDENS $20 GOLD DOUBLE EAGLE ANACS MS 63 | |
15 Bids | US $1,451.00 | 2h 29m |
So, according to his wish all these coins came out without motto. Though his wishes were carried temporarily, therefore none of the 1907 and half of 1908 $20 Saint-Gaudens coins have the motto “In God We Trust”.
But, during 1908, Congress prevailed and the Mint added “In God We Trust” to nearly one ounce of $20 gold coins. From 1908 till end of 1933, all Saint Gaudens gold coins carried the motto “In God We Trust”.
However, 1908 no motto St.Gaudens gold coins priced the same as other Saint Gaudens gold coins with motto.
