History, Information, and Value of 1908 St. Gaudens $20 Gold
Value of 1908 Motto St. Gaudens $20 Gold
The vast majority of Mint State 1908 Motto St. Gaudens double eagles are sharply struck with adequate, if not outstanding satiny or softly frosted luster. Noticeable abrasions confine most Uncirculated coins to the MS-60 to MS-64 grade range.
The 1908 Motto inaugurates a run of low mintage circulation strike double eagles from the Philadelphia Mint that continues into the early 1920s. Enough coins are extant in the MS-60 to MS-64 range to satisfy much of the numismatic demand. This issue is rare to very rare in MS-65 and higher grades, the finest certified a solitary MS-67 known to PCGS. The 1908 Motto is the first regular issue Proof in the Saint-Gaudens double eagle series, and it is also the most frequently encountered apart from the controversial MCMVII (1907) High Relief. Only 60 to 80 specimens are believed extant, however, and like all classic U.S. Mint Proofs the 1908 Motto double eagle is rare in an absolute sense. Although at least one satin specimen is known, this issue was officially produced with a Sand Blast finish. Many are weakly struck at Libertys bosom.