Saint Gaudens Double Eagle $20 Gold Coin
The Saint-Gaudens double eagle Gold Coin is a $20 gold coin, or double eagle, produced by the United States Mint from 1907 to 1933. The coin is named after Augustus Saint-Gaudens, who designed the obverse and reverse of the coin. It is considered to be the most beautiful US Coin ever minted.
Saint-Gaudens died in 1907, after designing the eagle ($10 Gold Piece) and double eagle ($20 Gold Piece), but before the designs were finalized for production.
After several versions of the design for the double eagle proved too difficult to strike, The Mint lowered the relief so the coin could be struck with only one blow. When the coins were finally released, they lacked the words “In God We Trust”, and Congress intervened to require the motto’s use. The coin was minted, until 1933. With the passage of the Gold Confiscation Act, the The 1933 double eagle (with a populations of 445,000 coins) was ordered to be melted down. Two were saved by the mint. Up to twenty ended up in private hands. One 1933 Saint Gaudens Double Eagle sold in 2002 for $7,590,020.
Because gold coins were exempt as long as they had historical value, most of the Saint Gaudens prior to 1933 survived. This continues to be a benefit of those seeking additional protection from future confiscation, should the US government return to the “Gold Standard”.
For Bullion Investors, the lower grade coins are an exceptional value. Grades range from Low Premium-Almost Uncirculated for circulated coins. For Uncirculated they range from BU (Brilliant Uncirculated to MS (Mint State). MS State Coins are most valuable when they are in a PCGS or NGC Container.
LP VF XF AU BU MS61 MS62 MS63 MS64 MS65
The above designations are how coins are graded based on condition. LP = Low Premium, VF = Very Fine, XF= Extra Fine, AU = Almost Uncirculated, BU = Brilliant Uncirculated, MS= Mint State. The Higher the MS Number the better the grade and the more it is worth when compared to same coin in lesser condition.
NEVER BUY a Coin that is graded MS but not in an official NGC or PCGS plastic slab. Many coins have been polished and/or cleaned. This dilutes their value considerably.
Pros: Great Investment for both Bullion in low grades and Collectors in High Grades. Lowest risk of confiscation of any gold US Coin.
Cons: Beware of counterfeit coins. We check ALL coins with a spectrometer to certify gold content throughout the entire coin!
Recommendations: Buy as many as you can if you want gold. One $20 gold piece bought $2,000 in real goods and services in 1913 using today’s dollars. IDEAL COIN for our WHOLESALE CLUB MEMBERS!
Samples of PCGS and NGC graded Coins. Note the serial numbers, which you can verify using our links above to make sure you are buying the real-deal.
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