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Gold Coins

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GOLD COINS


1907 - 1933 $20 ST. GAUDENS DOUBLE EAGLE GOLD COIN


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .96750 OZ

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DESIGNER: AUGUSTUS SAINT-GAUDENS

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DIAMETER: 34 MILLIMETERS

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The $20 gold piece designed by Augustus Saint-Gaudens is considered to be the
most beautiful United States coin. The first coins issued were 11,250 high
relief pieces struck for general circulation. The relief is much higher than
later issues, and the date 1907 is in Roman numerals. A few of the proof coins
were made using the lettered edge collar from the extremely high relief version.
These can be distinguished by pronounced bottom left serif on the N in `UNUM,
and other minor differences. High relief proofs are trial or experimental
pieces. Flat-relief double eagles were issued later in 1907 with Arabic numerals
and continued through 1933. Liberty's skirt shows two folds on the side of her
right leg; the Capitol building in the background at the left is very small; the
sun, on the reverse side, has 14 rays, as opposed to the regular high relief
coins that only have 13 rays extending from the sun.
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$20 DOLLAR LIBERTY HEAD DOUBLE EAGLE GOLD COIN


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .96750 OZ

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DESIGNER: JAMES B. LONGACRE

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DIAMETER: 34 MILLIMETERS

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First minted in 1849, this new denomination became the standard for 1 oz size
gold coin in the US. Previously this size coin had a $10 denomination. The
Liberty design refined in 1877 was used in many cases by the US Government to
pay off foreign debts and were shipped to many European banks for payment. As
such, a large coin had so much value; it was not used extensively for day to day
commerce. Featuring a large image of the head of Miss Liberty and the bold Eagle
reverse, this same design was used for the $10, $5, and $2.5 liberty pieces as
well.

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$10 1907 - 1933 INDIAN HEAD EAGLE


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .48 OZ

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DESIGNER: AUGUSTUS SAINT-GAUDENS

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DIAMETER: 34 MILLIMETERS

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Augustus Saint-Gaudens, considered by many the greatest of modern sculptors,
introduced a new high standard of art in the United States coins evidenced by
his eagle and double eagle types of 1907. The obverse of the eagle shows the
head of Liberty crowned with an Indian war bonnet while an impressively majestic
eagle dominates the reverse side. A departure from older standards is found on
the edge of the piece, where 46 raised stars are arranged signifying the states
of the Union, instead of a lettered or reeded edge (48 stars after 1912). The
first eagles struck had no motto `In God We Trust' as did the later issues in
1908. President Theodore Roosevelt personally objected to the use of the Deity's
name on coins. The people, however, felt differently. They lobbied members of
Congress and senators until an Act of Congress restored the motto in 1908.

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$10 LIBERTY HEAD GOLD COIN


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .48375 OZ

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DESIGNER: CHRISTIAN GOBRECHT

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DIAMETER: 27 MILLIMETERS

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MINT MARK: ON REVERSE BELOW THE EAGLE

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After Andrew Jackson regained control of the Bank of the US, the reissue of $10
Gold pieces resumed in 1838, having ended in 1804, with the first Liberty Head
designed $10 Gold pieces. Part of the four-piece series that includes the $20,
$10, $5, and $2.5, the $10 Liberty Head features the head of Miss Liberty on the
obverse and the spread wing Eagle on the reverse. With a few minor changes in
1838 and 1839, the coin would remain the same until the end of its production in
1907.

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$5 1908 - 1929 INDIAN HEAD HALF EAGLE


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .48375 OZ

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DESIGNER: CHRISTIAN GOBRECHT

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DIAMETER: 27 MILLIMETERS

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MINT MARK: ON REVERSE BELOW THE EAGLE

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Indian Half and Quarter Eagles were struck from 1908 through 1929 at the mints
in Philadelphia, Denver, and San Francisco. Only three coins have mintages below
100,000 coins. 1908 was the first year of the celebrated Bela Lyon Pratt incuse
design, where the devices are in relief, but below the surface of the coin. The
only other coin with this feature was the Quarter Eagle struck over the same
years as the Half Eagle. Quantities of counterfeits reached the United States
from Hong Kong in 1960, so certification is mandatory. The only great rarities
of this design are the matte proofs, which were issued in very limited
quantities. The design remained through 1929. After this, due to an inflated
currency, most gold was coined into double eagles for international payments.
They were unpopular because they are darker and duller than business strikes.
Many were melted in 1916 as unsold. This design is one of the more artistically
pleasing among 20th-century American coinages.

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$5 LIBERTY HEAD HALF EAGLE


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .24187 OZ

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DESIGNER: CHRISTIAN GOBRECHT

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DIAMETER: 21.6 MILLIMETERS

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MINT MARK: ON REVERSE BELOW THE EAGLE

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Minted from 1840-1907, the $5 Liberty Gold was the standard 1/4 oz size US gold
coin during this era. Along with the $20, $10, and $2,5 counterpart, the Liberty
design by Christian Gobrecht was a real workhorse coin used for the conduct of
large purchases and commerce thought the US. Outside of Philadelphia, PA, as the
main mint, $5 Liberties were also produced in New Orleans, LA, San Fransico, Ca,
Carson City, NV, and Denver, Co.

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$3 INDIAN HEAD PRINCESS GOLD COIN


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .1767225 OZ

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DESIGNER: JAMES LONGACRE

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DIAMETER: 20.55 MILLIMETERS

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MINT MARK: ON REVERSE BELOW THE EAGLE

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One of the more unusual gold sizes is the $3 gold Coin minted from 1854-1889.
Unlike other sizes that were revised later on, the $3 never made it into the
20th Century. With large gold reserves being mined in the US after gold
discoveries on both the East Coast in the Northern Hills of Georgia and North
Carolina and the West with the "Motherload" at Sutter's Mill in California, the
mint had plenty of gold. It took up production of the $3 size gold pieces. As a
mid-range coin, sized between the smaller $2.5 and slightly larger $5 coins, the
$3 coin never really caught on with the public at large. Looking to vary the
design from the existing $2,5 and $5 coins. The $3 design features an Indian
Princess on the obverse and the closed wreath and dated reverse Outside three
relatively common dates 1854, 1874 and 1878, this coin averages 200 times rarer
than any other denomination.

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1908 - 1929 INDIAN HEAD QUARTER EAGLE $2.50


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .16931 OZ

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DESIGNER: BELA LYON PRATT

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DIAMETER: 18 MILLIMETERS

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This $2.50 gold coin was the result of the efforts of Doctor William Bigelow, a
friend to President Theodore Roosevelt. In early 1908, Bigelow suggested making
coins with devices sunk beneath the fields, thereby ensuring that the highest
points would not be easily worn away. The late Augustus St. Gaudens had just
designed two beautiful coins for the $20 and $10. However, it was Bela Lyon
Pratt, who completed these incused coins. Indian Quarter Eagles were struck from
1908 through 1929 at Denver and Philadelphia. The mintmark was designed as the
highest point above the surface of the coin. The model was a continuation of a
theme begun in 1899 with G.F.C. Smillie's portrait of `Running Antelope' on the
$5 silver certificate. The mint director held up production for months while
adjusting the models. Counterfeits from Hong Kong were made in the '60s.
Certification is mandatory. The only extreme rarities of this design are the
matte proofs, which were issued in very limited quantities. Many were melted in
1916 as unsold. The design is one of the more aesthetically artistic among
20th-century American Coinages. The only difficult ones being the 1914 and 1911
D.

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$2.5 DOLLAR LIBERTY HEAD QUARTER EAGLE


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .12094 OZ

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DESIGNER: CHRISTIAN GOBRECHT

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DIAMETER: 18 MILLIMETERS

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MINT MARK: ON REVERSE BELOW THE EAGLE

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Part of the 4 Piece Liberty Head series that includes the $20, $10, $5, and this
$2.5. This coin features the Head of Miss Liberty facing left and likes its
counterparts the spread-winged eagle grasping an olive branch in its talons on
the reverse. With a few small changes, this coin was the standard $2.5 design
from 1840-1907.

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$1 LIBERTY HEAD GOLD COIN


GOLD: 90%

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COPPER: 10%

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GOLD CONTENT: .04837 OZ

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DESIGNER: JAMES LONGACRE

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DIAMETER: 13 MILLIMETERS

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MINT MARK: ON REVERSE BELOW WREATH

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The smallest by far of all of the United States Gold coins were the $1 Gold
pieces, which came in three types known as Type 1, 2, and 3. With the slight
size and design changes and the Longacre design reminiscent of the $3 gold coin,
the type 2 Gold dollars only minted from 1854-1856 despite their small size, are
amongst the rarest US gold coins.

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