$20 Saint Gauden Gold Coin

$20 Saint Gauden Gold Coin

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  • Metal Content: 0.9675
  • Troy oz Purity: .900
  • Thickness: 2.41 mm
  • Diameter: 34 mm
SKU: 20sgg001 Category:

Description

The Saint Gauden is considered to be one of the most attractive and significant gold coins ever produced by the United States, it was minted from 1908-1933. The coins minted in the year 1933 were never supposed to have been released and are considered illegal even today. The Saint-Gaudens double eagle is named after the designer, Augustus Saint-Gaudens, one of the premier sculptors in American history. President Roosevelt originally commissioned the coin into mintage. The detailed design on the front beautifully displays the walking Liberty holding a torch in her right hand and an oliver branch in the left as she gracefully strides with the rays of the morning sun behind her, representing a new start and a new day. The U.S. capitol is also visible on the front of this coin along with 46 stars to represent the number of states in the union at the time. The reverse side of the coin portrays an eagle soaring above the sun with the words “United States Of America” and below that reads “Twenty Dollars”.
Today the Saint Gauden is still is a popular coin to both investors and collectors. Only 12,367 of these coins were struck in 1907. Today some of these coins can reach nearly a half million dollars in the best states of preservation. In 1933 President Franklin D. Roosevelt stopped the coinage of gold and made it illegal to own the metal (although coin collectors could retain their pieces). With one exception, no 1933 double eagles were ever legally released, although some were stolen from the government, and over the years several were recovered.