$20 St Gaudens Jewelry (Dates/Types Vary)

Price $2,360.00
 
Visa CC Logo MasterCard CC Logo
Add to Wishlist
$20 St Gaudens Jewelry (Dates/Types Vary)
$20 St Gaudens Jewelry (Dates/Types Vary)
$20 St Gaudens Jewelry (Dates/Types Vary)
$20 St Gaudens Jewelry (Dates/Types Vary)
This Type underwent two significant transformations, accompanied by two relatively minor adjustments. The first major alteration occurred in 1908 when the motto IN GOD WE TRUST was introduced to the reverse side. Positioned just above the sun, this motto became a prominent feature. The second major change transpired in 1912 when New Mexico and Arizona attained statehood, resulting in the addition of two stars to the obverse. This modification increased the total number of stars to 48, with the new stars thoughtfully incorporated at the lower right end of the starry arc pattern. In 1908, a couple of minor refinements were also implemented. The number of eagle tail feathers was adjusted from eight to nine, and on the reverse side, the count of rays was subtly reduced from 34 to 33. The impetus for introducing the motto into our coinage originated from the advocacy of Reverend Mark R. Watkinson, hailing from Ridleyville, Pennsylvania. The profound religious sentiments stirred within the population by the uncertainties and horrors of the Civil War led Reverend Watkinson to champion this addition. Secretary of the Treasury, Salmon P. Chase, shared this sentiment. Utilizing his discretionary authority over coin inscriptions, Chase initially included the motto on the 2-cent piece in 1864. Originally, the motto was conceived as "In God Our Trust," but Secretary Chase's collegiate ties might have influenced the ultimate wording. Chase was an alumnus of Brown University, whose motto IN DEO SPERAMUS translates to "IN GOD WE HOPE." It is believed that this connection played a role in Secretary Chase's decision regarding the precise phrasing of the motto. The Coin Act of March 3, 1865, conferred discretionary power upon the Treasury to include the motto "on all coins able to accommodate it." This referred to coins with sufficient size to accommodate the motto. The Mint interpreted this to encompass all silver coins larger than a dime, half eagles, eagles, and double eagles. It wasn't until 1908 that Congress mandated the inclusion of the motto on gold and silver coins. Subsequently, in 1955, Congress passed legislation that enforced the motto's presence on all coins. Collectors pursue Saint-Gaudens Double Eagles in various ways. Some opt for a single high-grade specimen. Advanced collectors and investors take on the ambitious task of assembling complete sets encompassing all dates and mintmarks, a formidable endeavor demanding deep financial resources and considerable patience. Given that this coin was minted in Philadelphia, Denver, and San Francisco, many collectors aim to acquire one from each of these Mints. Bullion enthusiasts seek out lower-grade pieces as a safeguard against inflation. Notably, coins minted in 1933 were never officially released into circulation, rendering any 1933 coin susceptible to government confiscation.

Prices Shown Subject to Change

The pricing quoted on this page is based on the current market price for this precious metal, which constantly fluctuates and we continuously update from 7 a.m. – 5 p.m. CT, Monday through Friday.

Online Orders

You will be charged the price listed at the time you place your order and it is confirmed as paid. If your order was not confirmed as paid, it may need to be reviewed by our fraud team and your price will not be locked in until you speak with a Blanchard account representative.

To protect against the rare event of abnormally volatile market conditions, we reserve the right to deny pricing quoted on this website.

Phone Orders

You will be charged the market price at the time you lock in your order with us.