The Saint-Gaudens Double Eagle is one of the most coveted and highly sought-after coins in the numismatic world. Designed by renowned sculptor Augustus Saint-Gaudens, these coins were minted from 1907 to 1933 and feature a stunning depiction of Lady Liberty on the obverse and a majestic eagle in flight on the reverse. The rarity and condition of these coins significantly impact their value, with certain specimens fetching exceptionally high prices at auction.
In recent years, rare Saint-Gaudens Double Eagles have consistently sold for hundreds of thousands, if not millions, of dollars. The allure of these coins lies not only in their stunning design but also in their scarcity and historical significance. As a result, collectors and investors are willing to pay a premium for the opportunity to own one of these numismatic treasures.
Top-Rated Saint-Gaudens Double Eagles by Rarity and Value
The Saint-Gaudens Double Eagle series comprises several distinct subtypes, each with its own unique characteristics and rarity levels. The 1907 Ultra High Relief, for example, is extremely rare, with only 20 coins minted. This coin can fetch prices exceeding $1 million. Another highly sought-after variety is the 1933 Saint-Gaudens Double Eagle, which was minted in large quantities but never circulated due to the Great Depression. A mere 445,500 coins were produced, and a few specimens have sold for over $1.5 million.
1907 Ultra High Relief: A Numismatic Icon
The 1907 Ultra High Relief Double Eagle is a true numismatic icon. With only 20 coins minted, it is one of the rarest and most valuable coins in the series. In 2005, one specimen sold at auction for $1,046,500. This coin's value lies in its stunning design, exceptional rarity, and historical significance.
Coin Type | Mintage | Value Range |
---|---|---|
1907 Ultra High Relief | 20 | $1 million - $2 million |
1933 Saint-Gaudens Double Eagle | 445,500 | $500,000 - $1.5 million |
Key Points
- The Saint-Gaudens Double Eagle series features stunning designs by Augustus Saint-Gaudens.
- Rare specimens, such as the 1907 Ultra High Relief, can fetch over $1 million.
- The 1933 Saint-Gaudens Double Eagle is highly sought after due to its low mintage and historical significance.
- Condition and rarity significantly impact the value of these coins.
- Collectors and investors are willing to pay a premium for the opportunity to own one of these numismatic treasures.
Factors Influencing the Value of Saint-Gaudens Double Eagles
Several factors contribute to the value of Saint-Gaudens Double Eagles, including their condition, rarity, and provenance. Coins in excellent condition, with minimal wear and tear, command higher prices than those that are worn or damaged. Additionally, coins with documented provenance, such as those once part of a notable collection, can fetch higher prices due to their historical significance.
Condition and Grading: A Critical Factor
The condition and grading of a coin play a critical role in determining its value. Coins graded by reputable organizations, such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC), can significantly impact their value. A coin graded MS-65, for example, may fetch a higher price than one graded MS-60.
Market Trends and Auction Results
The market for Saint-Gaudens Double Eagles has experienced significant growth in recent years, with auction results consistently exceeding expectations. In 2020, a 1933 Saint-Gaudens Double Eagle sold for $1.2 million, highlighting the enduring demand for these coins. As the numismatic market continues to evolve, it is likely that rare Saint-Gaudens Double Eagles will remain highly sought after by collectors and investors.
What makes the Saint-Gaudens Double Eagle so valuable?
+The Saint-Gaudens Double Eagle's value lies in its stunning design, scarcity, and historical significance. Rare specimens, such as the 1907 Ultra High Relief, can fetch exceptionally high prices due to their extreme rarity and condition.
How many Saint-Gaudens Double Eagles were minted?
+The Saint-Gaudens Double Eagle series was minted from 1907 to 1933, with a total of over 44 million coins produced. However, certain subtypes, such as the 1907 Ultra High Relief, had extremely low mintage numbers, contributing to their rarity and value.
What is the most valuable Saint-Gaudens Double Eagle?
+The 1907 Ultra High Relief Double Eagle is considered one of the most valuable coins in the series, with a value range of $1 million to $2 million. Its extreme rarity and stunning design contribute to its exceptional value.
As the numismatic market continues to evolve, rare Saint-Gaudens Double Eagles will undoubtedly remain highly sought after by collectors and investors. Their stunning designs, scarcity, and historical significance make them a unique and valuable addition to any collection. Whether you’re a seasoned numismatist or an investor looking for a rare and valuable asset, the Saint-Gaudens Double Eagle series offers a compelling opportunity to own a piece of numismatic history.