Tag: Gold coins

Eagles – Capped Bust Eagle, Heraldic Eagle, 1797-1804

Eagles – Capped Bust Eagle, Heraldic Eagle, 1797-1804

Description: The highest denomination coin authorized by the Mint Act of 1792 was the ten-dollar gold piece, one of three gold coins approved by Congress for the young nation. A ten dollar denomination fit with the decimal system promoted both by Thomas Jefferson and Alexander Hamilton, and was intended to be the main coin for […]

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Eagles – Liberty Head No Motto Eagle, 1838-1866

Eagles – Liberty Head No Motto Eagle, 1838-1866

Description: Gold eagle production was halted in 1804 by President Thomas Jefferson because the fixed 15 to 1 silver to gold ratio in the U.S. made it profitable to send the coins to Europe for bullion value; which meant few gold coins circulated in this country. It wasn’t until Congressional Acts reduced the weight and […]

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Eagles – Liberty Head Eagle with Motto, 1866-1907

Eagles – Liberty Head Eagle with Motto, 1866-1907

Description: The gold eagle was the largest denomination coin authorized by the Mint Act of 1792, but an unfavorable silver to gold ratio meant that gold coins were worth more silver in Europe than in the U.S.; thus to Europe many gold eagles were sent. Those that remained in this country were hoarded, so few […]

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Eagles – 1907 Indian Head Eagle – No Motto w/Periods

Eagles – 1907 Indian Head Eagle – No Motto w/Periods

Description: Stylized Indian Head facing left, female portrait wearing a feathered headdress (worn by male Native Americans of the plains when worn at all), stars around the border, date below. On the reverse the standing eagle is accompanied by inscriptions, with periods before and after. The original coinage of the 1907 with wire rim on […]

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Eagles – Indian Head Eagle, No Motto, 1907-1908

Eagles – Indian Head Eagle, No Motto, 1907-1908

Description: In 1907 a collaboration between the dynamic president Theodore Roosevelt and renown American sculptor Augustus Saint-Gaudens resulted in the replacement of the previous Liberty Head design on the ten dollar gold coin. The new design featured a native American on the obverse, and a standing eagle on the reverse. The Indian was modeled after […]

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Eagles – Indian Head Eagle, With Motto, 1908-1933

Eagles – Indian Head Eagle, With Motto, 1908-1933

Description: In 1907 a collaboration between the dynamic president Theodore Roosevelt and renown American sculptor Augustus Saint-Gaudens resulted in new designs for both the twenty dollar gold coin and the ten dollar gold coin. The new design on the eagle featured a native American on the obverse, and a standing eagle on the reverse. The […]

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Double Eagles – Liberty Head Double Eagle, Without Motto, 1849-1866

Double Eagles – Liberty Head Double Eagle, Without Motto, 1849-1866

Description: By 1840 the Bechtler family of North Carolina had at their private mint produced more than $2.2 million in gold coins, about half of which were dollars. This success put continued pressure on the U.S. government to produce gold dollar coins, but it took the California gold discoveries in the late 1840s to move […]

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Double Eagles – Liberty Head Double Eagle, With Motto, 1866-1876

Double Eagles – Liberty Head Double Eagle, With Motto, 1866-1876

Description: When the double eagle was proposed one of the arguments in support of the new coin was that a depositor with a large amount of bullion would find the $20 coin a more convenient product than smaller denomination coins. One of the sponsors of the double eagle authorizing legislation, Representative James McKay of North […]

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Double Eagles – Liberty Head Double Eagle, With Motto, 1877-1907

Double Eagles – Liberty Head Double Eagle, With Motto, 1877-1907

Description: This last variation of the Liberty double eagle, often labeled Type 3, was produced in large quantities, particularly during the last decade of the 19th century and in the years leading to the end of the series in 1907. In most years the output from the San Francisco branch mint was greater than the […]

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Double Eagles – 1907 $20 High Relief, Wire Rim

Double Eagles – 1907 $20 High Relief, Wire Rim

Frank A. Leach was superintendent of the U.S. Mint in San Francisco from 1897 to 1907. He assumed the title of Mint director in Washington in 1907 after the resignation of George E. Roberts from the post, and moved there in time to assume his new duties by Oct. 1, 1907. As the following excerpt […]

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Double Eagles – Saint-Gaudens Double Eagle, Without Motto, 1907-1908

Double Eagles – Saint-Gaudens Double Eagle, Without Motto, 1907-1908

Description: “I think our coinage is artistically of atrocious hideousness. Would it be possible, without asking permission of Congress, to employ a man like Saint-Gaudens to give us a coinage that would have some beauty?”. So wrote President Theodore Roosevelt to Secretary of the Treasury Leslie Mortier Shaw in December, 1904. The drama of Roosevelt’s […]

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Double Eagles – Saint-Gaudens Double Eagle, With Motto, 1908-1933

Double Eagles – Saint-Gaudens Double Eagle, With Motto, 1908-1933

Description: The first Saint-Gaudens double eagles, acclaimed as one of the most beautiful and artistic U.S. coin designs, did not display the motto IN GOD WE TRUST anywhere on the coin. Even though the Coinage Act of 1890 did not include that motto in the list of required wording to be placed on U.S. coins, […]

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