Defining Moment in American Coinage - Gold Coin Rarity Created

Defining Moment in American Coinage - Gold Coin Rarity Created

In 1907, President Theodore Roosevelt thought that the United States had "atociously hideous" coinage, so he questioned America's greatest sculptor to constitute designs for fresh coins that would be as gorgeous as those made in ancient Greece. Much though sculptor Augustus Saint Gaudens was ill with cancer he produced an exquisite Ultra High Relief design intended for United States $20 gold coins (called "Double Eagles"). Only two survive with a diameter of 1 1/16 inch diameter, and they are in the Smithsonian Institution. About 100 years later, in 2009, Director of the Mint Edmund Moy recreated the Ultra High Relief Double Eagle in the same amount, containing exactly 1 try oz. of pure gold. Only 115,178 were made and immediately the mint is sold outside. Mr. Moy has agreed to sign the certificate o f authenticity and the textbook that accompanies just 88 of what he calls "the defining moment of American coinage," that are being offered to collectors and investors.
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