1908-P $20 Saint Gaudens Gold Double Eagle With Motto PCGS MS64 156,258 Minted
1908-P $20 Saint Gaudens Gold Double Eagle With Motto PCGS MS64 Blazing luster, fresh to the market.
A very limited 156,258 were minted, many were melted down and never circulated. To find high grade with Motto Philadelphia Mint coinage is nearly impossible.
Created by master sculptor Augustus Saint-Gaudens, the 1908-P $20 Gold Saint Gaudens is the descendant of the $20 Liberty Double Eagle which first entered circulation in 1850. The denomination was created as a means of exhausting an overage in gold supply due to the 1849 California Gold Rush. They were never intended for general use in commerce as the amount easily equated to a month's wage during the time of issue - making them impractical to carry as a coin. Instead, they were struck to monetize the surplus of gold and to be used exclusively in business transactions, largely between banks.
PCGS encapsulation offers protection and guarantees the beautiful MS-64 condition of the coin.
Conservatively graded in our opinion, has a better look than MS64 I’ve seen on the market. PQ++
With motto “in God we Trust” added and Struck at the Philadelphia Mint.
Designed by Augustus Saint-Gaudens.
Obverse: Depicts Liberty striding forward holding a torch and an olive branch with the U.S. Capitol building in the backdrop.
Reverse: Features an eagle in flight against the sun in the background.
Beautiful color and very rare in this condition.
Buy with confidence that this is the coin you will receive USPS Priority Insured Shipping.