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About Pre-1933 U.S. Gold Coins

The first United States gold coins were struck by the Philadelphia Mint in 1795. The very first denominations were the $5 Half Eagle and the $10 Eagle. Later, the $2.50 Quarter Eagle was added in 1796, followed by the $1 Gold Dollar and $20 Double Eagle in 1849. The U.S. Mint also issued a $3 gold piece from 1854-1889. President Franklin Roosevelt halted the issuance of American gold coinage in 1933.

Pre-1933 United States gold coins are popular among both collectors and investors. They are a superb way of owning gold with historical and numismatic significance. In particular, $5 Half Eagles, $10 Eagles and $20 Double Eagles are regarded as outstanding hybrid precious metals products that have both collector and bullion value. In many cases, these historic gold coins can be bought for a relatively small premium over melt value.

Monument Metals maintains an outstanding selection of Pre-1933 vintage U.S. gold coins in both “raw” and graded form. Our graded coins are certified by either PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation). Our uncertified coins are graded using strict standards by our in-house expert staff. We unconditionally guarantee the quality of our vintage American gold coins.

About the 1907-1933 Saint-Gaudens $20 Gold Double Eagle

The Saint Gaudens double eagle can trace its roots directly to President Theodore Roosevelt. After viewing a collection of Greek coins, Roosevelt realized that America’s coinage was extremely mundane and bland compared to ancient money. Not one to parse words, Roosevelt said in a letter that US coinage was in a state of “atrocious hideousness” and was in severe need of overhaul. Up until this point all US coins were designed by Mint employees, but Roosevelt felt that an outside artist should be brought in.

In late 1904, Roosevelt asked renowned sculptor Augustus Saint Gaudens if he would be interested in revamping America’s gold coinage. Saint Gaudens accepted the project, but he would face significant logistical challenges. Both Saint Gaudens and Roosevelt sought to adopt a high relief design reminiscent of ancient Greek coinage. While visually stunning, Saint Gaudens’ proposed design in extremely high relief would prove difficult to manufacture. The mint produced a couple dozen prototypes, but found that it took nine impressions of the dies to properly strike the coins. This was simply impractical for a mass-produced coin. A lower relief version was then attempted, but this too required multiple strokes of the press.

Saint Gaudens and Roosevelt insisted that the coin be produced in high relief only, but in the name of efficiency, the Mint staunchly objected. Sadly, Saint Gaudens would pass away in the summer of 1907 and Roosevelt eventually yielded to the Mint’s demands. The final adopted version retained Saint Gaudens’ basic design elements, but was flatter and dramatically easier to strike. In retrospect it was extremely fortunate that the Mint settled on an easy-to-produce format, as the coin would become a staple of American commerce. A more complex design would have been impossible to make in large quantities.

The $20 gold piece was America’s largest denomination coin and was used extensively for intra-bank transfers, gold reserves and large international payments. Like the US gold eagle today, the Saint Gaudens double eagle was universally recognized and accepted due to its trusted weight and purity. Countless bags of “Saints” were exported to Europe, as overseas institutions and governments preferred to hold gold double eagles in lieu of paper money or their own native currencies. 

About NGC Grading/Certification

The Numismatic Guaranty Corporation (NGC) is one of two widely respected and universally accepted grading services, the other being Professional Coin Grading Service (PCGS). The firm was established in 1987 and is a universally trusted third-party grading service in the numismatic marketplace. Every coin graded by NGC is guaranteed to be genuine and is graded by a panel of expert numismatists. NGC uses a grading scale of 1 through 70, with 70 being the highest possible grade. NGC encapsulates coins in sonically sealed tamper-proof holders that offer superb long-term protection and are suitable for extended storage.

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You're reviewing: $20 Saint-Gaudens Gold Double Eagle NGC MS62

$20 Saint-Gaudens Gold Double Eagle NGC MS62

Product code: US-USG-$20Saint-N62
In Stock

Free shipping on orders $99 and more.

Gold
$1,257.50
$1,258.50
$11.30
Pricing
Quantity Wire / Check CC / PayPal
1 + $1,312.60 $1,361.82
Just $95 per coin over melt!
OR
Additional Information
Metal Type Gold
Metal Weight 0.9675
Grading Service NGC
Date Random Date (1907-1933)
Purity .900 Fine Gold
Country of Manufacture United States
Manufacturer United States Mint

About Pre-1933 U.S. Gold Coins

The first United States gold coins were struck by the Philadelphia Mint in 1795. The very first denominations were the $5 Half Eagle and the $10 Eagle. Later, the $2.50 Quarter Eagle was added in 1796, followed by the $1 Gold Dollar and $20 Double Eagle in 1849. The U.S. Mint also issued a $3 gold piece from 1854-1889. President Franklin Roosevelt halted the issuance of American gold coinage in 1933.

Pre-1933 United States gold coins are popular among both collectors and investors. They are a superb way of owning gold with historical and numismatic significance. In particular, $5 Half Eagles, $10 Eagles and $20 Double Eagles are regarded as outstanding hybrid precious metals products that have both collector and bullion value. In many cases, these historic gold coins can be bought for a relatively small premium over melt value.

Monument Metals maintains an outstanding selection of Pre-1933 vintage U.S. gold coins in both “raw” and graded form. Our graded coins are certified by either PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation). Our uncertified coins are graded using strict standards by our in-house expert staff. We unconditionally guarantee the quality of our vintage American gold coins.

About the 1907-1933 Saint-Gaudens $20 Gold Double Eagle

The Saint Gaudens double eagle can trace its roots directly to President Theodore Roosevelt. After viewing a collection of Greek coins, Roosevelt realized that America’s coinage was extremely mundane and bland compared to ancient money. Not one to parse words, Roosevelt said in a letter that US coinage was in a state of “atrocious hideousness” and was in severe need of overhaul. Up until this point all US coins were designed by Mint employees, but Roosevelt felt that an outside artist should be brought in.

In late 1904, Roosevelt asked renowned sculptor Augustus Saint Gaudens if he would be interested in revamping America’s gold coinage. Saint Gaudens accepted the project, but he would face significant logistical challenges. Both Saint Gaudens and Roosevelt sought to adopt a high relief design reminiscent of ancient Greek coinage. While visually stunning, Saint Gaudens’ proposed design in extremely high relief would prove difficult to manufacture. The mint produced a couple dozen prototypes, but found that it took nine impressions of the dies to properly strike the coins. This was simply impractical for a mass-produced coin. A lower relief version was then attempted, but this too required multiple strokes of the press.

Saint Gaudens and Roosevelt insisted that the coin be produced in high relief only, but in the name of efficiency, the Mint staunchly objected. Sadly, Saint Gaudens would pass away in the summer of 1907 and Roosevelt eventually yielded to the Mint’s demands. The final adopted version retained Saint Gaudens’ basic design elements, but was flatter and dramatically easier to strike. In retrospect it was extremely fortunate that the Mint settled on an easy-to-produce format, as the coin would become a staple of American commerce. A more complex design would have been impossible to make in large quantities.

The $20 gold piece was America’s largest denomination coin and was used extensively for intra-bank transfers, gold reserves and large international payments. Like the US gold eagle today, the Saint Gaudens double eagle was universally recognized and accepted due to its trusted weight and purity. Countless bags of “Saints” were exported to Europe, as overseas institutions and governments preferred to hold gold double eagles in lieu of paper money or their own native currencies. 

About NGC Grading/Certification

The Numismatic Guaranty Corporation (NGC) is one of two widely respected and universally accepted grading services, the other being Professional Coin Grading Service (PCGS). The firm was established in 1987 and is a universally trusted third-party grading service in the numismatic marketplace. Every coin graded by NGC is guaranteed to be genuine and is graded by a panel of expert numismatists. NGC uses a grading scale of 1 through 70, with 70 being the highest possible grade. NGC encapsulates coins in sonically sealed tamper-proof holders that offer superb long-term protection and are suitable for extended storage.

Write Your Own Review

You're reviewing: $20 Saint-Gaudens Gold Double Eagle NGC MS62

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