“The best coin that has been struck for two thousand years” declared U.S. President Theodore Roosevelt, on the minting of this beautiful and intricate design to improve artistically on what he saw as the “atrocious hideousness” of American coinage. The U.S. gold parity was $20.67 per troy ounce from 1834 to 1933, so a $20 gold coin like this 1907 Saint Gaudens Double Eagle contained 20/20.67 = 0.9675 ounces of gold.
American Numismatic Association
American Numismatic Association
American Numismatic Association