1907-P No Motto Saint-Gaudens Gold Double Eagle MS66

$8,900.00
In stock
Product Code
C4175
More Information
Denomination Double Eagles
Series Saint-Gaudens
Composition Gold
Year 1907
Mint Philadelphia (P)
Grade Mint State
Mint State Score MS 66
Certification PCGS, NGC

1907-P No Motto Saint-Gaudens Gold Double Eagle MS66

Description

The Saint-Gaudens Gold Double Eagle, designed by Augustus Saint-Gaudens, was minted from 1907 to 1933. Often considered America’s most beautiful coin ever struck, the Saint-Gaudens Gold Double Eagle is a favorite among collectors. This specific example comes from the coin’s first year of issue and exhibits the “No Motto” variety. This “No Motto” variety does not contain the motto “In God We Trust” on the reverse. With only two issues of the “No Motto” Saint-Gaudens ever struck, it is a unique and rare coin to come across. Out of the 361,667 examples of the 1907-P Saint-Gaudens Gold Double Eagle struck, only 559 examples have been graded in Mint State 66 condition between PCGS and NGC. With such a low mintage and population, this coin is considered both an Absolute and Condition Rarity!  

Due to President Theodore Roosevelt`s dislike of U.S. coinage of the time, he employed the famed sculptor, Augustus Saint-Gaudens to redesign the Double Eagle. In 1933, Executive Order 6102 was signed, effectively recalling almost all gold from the public`s possession. This was done in hopes of reintroducing gold back into the American economy. Unfortunately for numismatists, Executive Order 6102 caused gold coins like the 1907 Saint-Gaudens Double Eagle to become substantially rarer.