13% of Saints are Missing This Key Design Feature
By Brian Zweig
Perhaps one of the most popular gold coins in American history, the Saint-Gaudens Double Eagle is a quintessential coin celebrated for its beautiful design and equally fascinating history. When the $20 “Saint” first debuted in 1907, it received tremendous praise from the general public. Art critics and newspaper editorialists lauded the coin’s stunning design. While there was never a complaint about the coin’s aesthetics, some Americans were incensed by one glaring omission.
Since 1866, in the Civil War’s immediate aftermath, all United States Double Eagles displayed the motto “IN GOD WE TRUST” on the reverse. Including this inscription was not (yet) required by law, but became a regular practice for the U.S. Mint. When these words vanished from the Double Eagle, many citizens were outraged.
In response to this public outcry, Congress ordered the U.S. Mint to place “IN GOD WE TRUST” on all coins upon which the motto previously appeared. This legislation specifically targeted the Saint-Gaudens $10 Eagle and $20 Double Eagle—both of which lacked the motto. The Mint immediately complied with this mandate and restored the inscription on both gold coins. Consequently, the 1908 $10 and $20 gold pieces exist in “No Motto” and “With Motto” versions.
This turn of events transformed the 1908 “No Motto” $20 Saint into a notable coin. These “ungodly” Double Eagles became a distinct and short-lived design type—as such, they became favorites among collectors. Not only do they have a fascinating story, but they’re significantly rarer than the With Motto type.
Based on NGC’s population data, No Motto $20 Saints are five times rarer than their With Motto brethren. Despite this significant disparity in population, No Mottos are trading for a minimal premium today. For essentially the same price as a common With Motto piece, you can own the scarcer and historically significant 1908 No Motto issue.
There’s one more reason why the “No Motto” $20 Saint is an excellent value today. As many readers will recall, MS64 $20 Saints have commanded massive premiums over their melt value. At one point, in fact, this coin consistently traded hands for 80-120% premiums! In today’s market, however, near-Gem MS64s can be had for substantially less.
We have a quantity of ninety (90) 1908 No Motto $20 Saints available at a premium of less than 20% over melt. It wasn’t long ago that these exact same coins fetched triple or quadruple the premium; today’s rates represent a tremendous discount.
These No Motto Saints are priced at low-end premiums, but their quality is on the high end of the spectrum. Each specimen displays clean fields with minimal contact marks, strong satiny luster, an excellent strike, and solid eye appeal. Not only do these coins feature America’s most beautiful design – but they’re in a superb level of preservation too.
Take advantage of this chance to own the historic 1908 No Motto Saint at the lowest premiums we’ve seen in years. These near-Gem MS64 specimens are priced at a modest premium over melt, thus providing you with solid future upside. As an owner of this coin, you stand to benefit from a rise in the price of gold and/or a jump in collector premium. In addition to profit potential, you’ll enjoy owning these gorgeous and storied coins.
These MS64 1908 No Motto Saint Gaudens Double Eagles are available for $1,849 each, or pay just $1,799 each when you buy 2 or more coins.
Be sure to reserve your 1908 No Motto Saints quickly. Our client base (and all collectors for that matter) love $20 Saint Gaudens Double Eagles and we expect a strong response to this offer. Call 800-831-0007 or email firstname.lastname@example.org. Don’t miss your chance and lock in at today’s historically low premiums!
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Free shipping, handling, and insurance are available for all quantities ordered. Offer expires Friday, January 17th, 2020, or while supplies last.