The 1907 St. Gaudens Double Eagle Gold Coin: A Numismatic Treasure

The 1907 St. Gaudens Double Eagle gold coin stands as a pinnacle of American coinage, celebrated for its artistic design and historical significance. This article explores the intricate details of this iconic coin, from its artistic origins to its place in modern numismatics. Whether you’re a collector or simply interested in the fascinating world of coins, understanding the 1907 St. Gaudens Double Eagle will enrich your appreciation for this remarkable piece of history.

Outline

• What is the 1907 St. Gaudens Double Eagle Gold Coin?
• Who was Augustus Saint-Gaudens?
• What makes the 1907 St. Gaudens Double Eagle special?
• What is the significance of the high relief version?
• What do the designs on the obverse and reverse represent?
• How does the 1907 St. Gaudens Double Eagle compare to other gold coins?
• What is the current market value of the 1907 St. Gaudens Double Eagle?
• How can you accurately grade a St. Gaudens Double Eagle?
• Where can you buy or sell the 1907 St. Gaudens Double Eagle?
• What should collectors know about the 1907 St. Gaudens Double Eagle?

What is the 1907 St. Gaudens Double Eagle Gold Coin?

The 1907 St. Gaudens Double Eagle is a 20-dollar gold coin minted by the United States Mint. It features the stunning artwork of Augustus Saint-Gaudens, who designed the coin to embody the spirit of American ideals. Struck from 90% gold and 10% copper, the coin contains approximately 0.9675 troy ounces of gold, making it a significant piece in both numismatic and bullion circles.

Minted from 1907 until 1933, the St. Gaudens Double Eagle is celebrated not only for its gold content but also for its artistic merit. This coin represents a departure from previous designs, setting new standards for American coinage. Collectors and investors alike value this piece for both its aesthetic appeal and its historical context.

Who was Augustus Saint-Gaudens?

Augustus Saint-Gaudens was a renowned American sculptor and artist, born in 1848 in Dublin, Ireland. He emigrated to the United States as a child and became one of the most celebrated sculptors of the late 19th and early 20th centuries. His artistic vision profoundly influenced American art, and his work includes notable pieces such as the iconic Sherman Monument in New York City.

Saint-Gaudens’ approach to coin design was revolutionary. He believed that coins should be more than mere currency; they should be works of art. His collaboration with the U.S. Mint led to the creation of the St. Gaudens Double Eagle, which showcased his ability to blend artistry with functionality. His commitment to excellence remains evident in the intricate details of the coin’s design.

What makes the 1907 St. Gaudens Double Eagle special?

The 1907 St. Gaudens Double Eagle is special for several reasons. Firstly, its design features Miss Liberty in an elegant pose, holding a torch in one hand and an olive branch in the other. This representation symbolizes freedom and peace, which resonates with American values. The reverse showcases a soaring eagle, capturing the essence of American strength and resilience.

Secondly, the 1907 edition introduced the concept of high relief, which made the details of the coin more pronounced. High relief coins are rare, as they require higher pressure during the minting process. This feature not only enhances the visual impact of the coin but also contributes to its desirability among collectors.

What is the significance of the high relief version?

The high relief version of the 1907 St. Gaudens Double Eagle holds significant value in numismatic circles. Unlike standard relief coins, which have more subdued details, high relief coins exhibit striking depth and definition. This heightened visual appeal captures the attention of collectors and investors alike.

Moreover, the high relief version of the St. Gaudens Double Eagle was produced in limited quantities, making it a sought-after item. Collectors often regard high relief coins as masterpieces due to their intricate details and artistic quality. The rarity and demand for these coins contribute to their elevated market value.

What do the designs on the obverse and reverse represent?

The obverse of the 1907 St. Gaudens Double Eagle features a powerful representation of Miss Liberty. She stands confidently, symbolizing the ideals of freedom and democracy. The sun rises behind her, illuminating her figure and emphasizing her importance in American society. The coin also includes the motto “In God We Trust,” which adds a spiritual dimension to its design.

The reverse showcases a majestic eagle in flight. This depiction signifies strength, freedom, and the American spirit. The use of rays emanating from the sun further enhances the coin’s visual appeal. The combination of these elements reflects the values that the United States sought to embody during its era.

How does the 1907 St. Gaudens Double Eagle compare to other gold coins?

The 1907 St. Gaudens Double Eagle stands out among other gold coins due to its artistic design and historical significance. Unlike many coins that prioritize functionality over artistry, the St. Gaudens Double Eagle represents a perfect marriage of both. Collectors often compare it to the American Eagle and other bullion coins, but the St. Gaudens coin consistently ranks high in desirability.

Furthermore, the historical context of the St. Gaudens Double Eagle enhances its allure. Coins minted during this period often carry stories of economic fluctuations, wars, and societal changes. The 1907 St. Gaudens Double Eagle encapsulates a transformative era in American history, making it a favorite among enthusiasts who appreciate both its beauty and its story.

What is the current market value of the 1907 St. Gaudens Double Eagle?

The market value of the 1907 St. Gaudens Double Eagle fluctuates based on several factors, including its condition, rarity, and demand. Generally, uncirculated versions of the coin command higher prices due to their pristine condition. As of now, collectors can expect to pay a premium over the gold content for well-preserved examples.

How can you accurately grade a St. Gaudens Double Eagle?

Grading a St. Gaudens Double Eagle requires a keen eye and an understanding of numismatic standards. The Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) are reputable organizations that provide grading services for coins. Their grading scales range from Poor (P-1) to Perfect (PR-70), allowing collectors to assess the condition of a coin accurately.

When grading a St. Gaudens Double Eagle, consider factors such as luster, surface quality, and the presence of any marks or blemishes. A well-preserved coin will exhibit brilliant luster and minimal imperfections, while a lower-grade coin may show signs of wear. Understanding these grading criteria can significantly impact the coin’s market value.

Where can you buy or sell the 1907 St. Gaudens Double Eagle?

Collectors and investors interested in buying or selling the 1907 St. Gaudens Double Eagle can explore various options. Reputable dealers, such as Accurate Precious Metals, offer a selection of gold coins, including the St. Gaudens Double Eagle. Engaging with established dealers ensures a reliable transaction and access to accurate market information.

Additionally, online auction platforms and numismatic shows provide opportunities for collectors to buy and sell coins. However, it is crucial to perform due diligence to ensure the authenticity of the coins being traded. Always verify the credentials of the dealer or seller and request documentation or certificates when necessary.

What should collectors know about the 1907 St. Gaudens Double Eagle?

Collectors should be aware of the historical context and artistic significance of the 1907 St. Gaudens Double Eagle. Understanding its design elements and the story behind its creation adds depth to the collecting experience. Knowledge about the various editions, such as high relief versus standard relief, equips collectors to make informed decisions.

Moreover, staying updated on market trends and valuation changes is essential for serious collectors. Joining numismatic clubs or online forums can provide valuable insights and networking opportunities. Engaging with fellow enthusiasts enhances the collecting journey and may lead to potential trade opportunities.

FAQs

What is the gold content of the 1907 St. Gaudens Double Eagle?

The 1907 St. Gaudens Double Eagle contains approximately 0.9675 troy ounces of gold. It consists of 90% gold and 10% copper, contributing to its durability.

When was the 1907 St. Gaudens Double Eagle minted?

The 1907 St. Gaudens Double Eagle was minted in 1907 and continued to be produced until 1933, marking an important era in American coinage.

Are there different versions of the St. Gaudens Double Eagle?

Yes, there are different versions of the St. Gaudens Double Eagle, including high relief and standard relief editions. The high relief coins are particularly valued for their intricate detail.

How can I tell if my St. Gaudens Double Eagle is authentic?

To determine the authenticity of your St. Gaudens Double Eagle, consult professional grading services like PCGS or NGC. They offer verification and grading, providing peace of mind for collectors.

What should I consider before buying a St. Gaudens Double Eagle?

Before purchasing a St. Gaudens Double Eagle, consider factors like its condition, grading, market value, and the reputation of the dealer. Doing thorough research can help you make an informed investment.

Summary of Key Points

• The 1907 St. Gaudens Double Eagle is a significant piece of American coinage.
• Augustus Saint-Gaudens designed the coin, emphasizing artistry and symbolism.
• The high relief version is especially valued among collectors.
• Understanding grading criteria is essential for evaluating the coin’s value.
• Engaging with reputable dealers like Accurate Precious Metals ensures reliable transactions.

Sources

• Professional Coin Grading Service. “PCGS Coin Facts.” www.pcgs.com.
• Numismatic Guaranty Corporation. “NGC Coin Certification.” www.ngccoin.com.
• United States Mint. “Historical Information on the St. Gaudens Double Eagle.” www.usmint.gov.
• Wikipedia. “Saint-Gaudens Double Eagle.” en.wikipedia.org/wiki/Saint-Gaudens_double_eagle.