The 1907 Saint Gaudens Gold $20 Double Eagle is one of the most famous and sought-after coins in American numismatic history. Its striking design, historical significance, and rarity make it highly valuable among collectors. In this article, we’ll explore what makes this coin special, its design, history, and why it’s so important to collectors and investors today.
What Is the 1907 Saint Gaudens Gold $20 Double Eagle?
The 1907 Saint Gaudens Gold $20 Double Eagle is a U.S. coin minted in gold, worth $20, and made to replace the older $20 Liberty Head Double Eagle. This coin is famous for its beautiful high relief design, which gives it a striking, three-dimensional appearance. The coin was designed by the artist Augustus Saint-Gaudens and was first minted in 1907, but it’s the high-relief version that stands out the most.
Why Is the 1907 High Relief Version Special?
The 1907 High Relief version is particularly famous because it was created with a high level of artistic detail. Most coins are minted with a shallow relief, meaning the designs are flat, but the high relief used for the Saint Gaudens Double Eagle gives it a much deeper, more detailed look. This version was also originally very difficult to produce due to the complex design, which led the U.S. Mint to create a lower relief version in 1908.
Despite being difficult to make, the high relief design was intended to show off the artist’s skill and the beauty of the coin. The 1907 version with the Roman numerals “MCMVII” on the reverse side is considered one of the most stunning coins ever made in the United States.
Design Features of the 1907 Saint Gaudens Gold $20 Double Eagle
The 1907 Saint Gaudens Gold $20 Double Eagle features a number of remarkable design elements, which is part of why it’s so highly regarded by collectors today.
Obverse (Front) Design
On the front, or obverse, of the coin, you’ll find a depiction of Lady Liberty. She stands confidently, holding a torch in one hand and an olive branch in the other. Behind her are rays of sunlight, symbolizing hope and peace. Her flowing hair and robe give her a graceful, almost goddess-like appearance. The word “LIBERTY” is written across the top, and the coin’s year of issue, “1907,” is below her image.
Reverse (Back) Design
The reverse side features a majestic bald eagle in flight, with a branch in its talons. The eagle is symbolizing strength, freedom, and independence. The Roman numerals “MCMVII” (which stand for the year 1907) are also prominently displayed on the reverse, marking the coin’s year of issue. The words “UNITED STATES OF AMERICA” and “TWENTY DOLLARS” are also written on the reverse, along with the phrase “E PLURIBUS UNUM.”
High Relief and Plain Edge
One of the most distinctive features of the 1907 Saint Gaudens coin is its high-relief design. The high relief gives the figures on the coin a sculptural quality that makes them seem almost lifelike. The coin also has a plain edge, which sets it apart from other coins that often have ridged or reeded edges. This feature was originally chosen for the high-relief version to maintain the purity of the design.
Why the 1907 Saint Gaudens Coin Matters
This coin holds significant importance for several reasons:
- Design Excellence: The Saint Gaudens design is widely regarded as one of the most beautiful coin designs in U.S. history.
- Historical Value: The coin reflects the artistry and the efforts of Augustus Saint-Gaudens, an important figure in American art and design.
- Rarity and Investment: Only a limited number of 1907 High Relief coins were minted, making it a rare collector’s item. Its value continues to rise due to its rarity and demand.
- Gold Content: As a gold coin, it is also valuable for its metal content. The coin contains about 0.9675 ounces of pure gold, which adds to its intrinsic value.
The 1907 Saint Gaudens Gold Double Eagle in Today’s Market
In recent years, the 1907 Saint Gaudens High Relief coin has become highly valuable among collectors and investors. Its historical importance, combined with its rare design and the limited number of coins available, makes it one of the most desirable pieces for collectors. Coins in mint condition or those with special characteristics can fetch a significant price at auctions.
Due to its rarity, collectors and investors often see it as a great investment, and its price can appreciate over time, especially for coins in pristine condition.
Table: Key Features of the 1907 Saint Gaudens Gold $20 Double Eagle
| Feature | Description |
|---|---|
| Mint Year | 1907 |
| Designer | Augustus Saint-Gaudens |
| Coin Type | $20 Double Eagle |
| Metal Content | 90% Gold, 10% Copper |
| Diameter | 34 mm |
| Weight | 33.436 grams |
| Obverse Design | Lady Liberty holding a torch and olive branch |
| Reverse Design | Bald eagle in flight with Roman numerals MCMVII |
| Edge | Plain edge (no ridges) |
| Minting Location | U.S. Mint, Philadelphia |
| Rarity | Limited mintage (only a small number of high relief coins) |
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FAQs
1. How much is the 1907 Saint Gaudens Gold $20 Double Eagle worth today?
The value of a 1907 Saint Gaudens Gold $20 Double Eagle varies greatly depending on its condition, rarity, and other factors. Coins in mint condition can be worth tens of thousands of dollars, while those in lower grades may still command significant prices.
2. Why was the 1907 Saint Gaudens Gold $20 Double Eagle produced in high relief?
The 1907 High Relief version was created to showcase the artistic talents of Augustus Saint-Gaudens. The deep relief design was intended to make the coin stand out as a work of art, but the difficulty in production led to a change in design after that year.
3. What makes the 1907 Saint Gaudens Gold $20 Double Eagle so valuable?
The coin’s value comes from its rarity, beautiful design, and historical significance. The high relief version is particularly rare, and coins in good condition continue to increase in value due to demand from collectors.
4. Where can I buy a 1907 Saint Gaudens Gold $20 Double Eagle?
You can purchase this coin from reputable coin dealers, auctions, and online marketplaces. Always make sure you’re buying from a trusted source to ensure the authenticity of the coin.
5. Is the 1907 Saint Gaudens Gold $20 Double Eagle a good investment?
Many collectors and investors consider the 1907 Saint Gaudens Gold $20 Double Eagle to be a good investment, especially if it’s in good condition. The coin’s rarity, historical importance, and demand in the market make it an appealing option for those looking to invest in precious metals and rare coins.