The 1908-S Saint-Gaudens Double Eagle gold coin is a real treasure for collectors. Recently valued at up to $97,200 in pristine condition, this rare $20 gold coin has some key details that boost its worth even more. With just 22,000 pieces minted, this particular coin is rare, and its exceptional design quality makes it especially valuable. If you’re lucky enough to own one or want to know what makes it so special, let’s explore the main features, its grading, and the details that drive its high value.
Why Is the 1908-S Saint-Gaudens Double Eagle Gold Coin So Valuable?
The 1908-S Saint-Gaudens Double Eagle stands out for two main reasons: its rarity and its beautiful design features. Produced in San Francisco, this $20 coin is the rarest “With Motto” version in the Saint-Gaudens series, making it highly sought-after by collectors. Of the original 22,000 coins, only about 1,100 are certified, and fewer than 250 are in Mint State, which means they are in excellent condition. Even fewer—around 45—are graded as “Gem-quality” (MS65 to MS67), adding to its rarity and allure.
What Makes This Coin Worth $97,200?
To reach such a high value, the 1908-S Saint-Gaudens coin needs to be in Mint State, ideally with an MS66 grade. But it’s not just the grade—this coin has a special frosty look that adds to its worth. The “thick” frost on the coin’s surface gives it a unique, striking appearance, with golden tones and hints of rose, green, and apricot. This frosted detail, along with the coin’s sharp design features, especially on Liberty and the eagle, makes it visually appealing and valuable.
Key Facts About the 1908-S Saint-Gaudens Double Eagle
| Feature | Description |
|---|---|
| Year of Issue | 1908 |
| Mint Location | San Francisco (S) |
| Mintage | 22,000 |
| Known Mint State Coins | Approximately 1,100 |
| Gem Quality (MS65-MS67) | About 45 coins |
| Notable Features | Thick frost, sharp detailing, unique coloration |
| Recent Auction Price | $97,200 (in Mint State MS66) |
Understanding Coin Grades and Their Impact on Value
Grading is essential in determining a coin’s worth, especially for rare pieces like the 1908-S Double Eagle. Coins are graded on a scale from MS60 to MS70, with higher numbers meaning better preservation. An MS66-grade coin has very few flaws, and even minor imperfections are hard to spot without a magnifying glass. This grade is where the coin starts to reach premium prices, as collectors highly value coins with minimal wear and strong visual appeal.
Recent Auction Trends for the 1908-S Double Eagle
The 1908-S Saint-Gaudens Double Eagle has consistently held its value in auctions. For example, an MS66 version sold in 2009 and again in 2017, both times proving its value in the collector’s market. Thanks to its low mintage, excellent condition, and high demand among collectors, this coin’s value has steadily increased. If you have this coin, keeping up with auction trends is smart, as it could be worth even more in the future.
FAQ’s
Why is the 1908-S Saint-Gaudens Double Eagle so valuable?
The coin is valuable due to its rarity (only 22,000 minted) and its exceptional quality in Mint State. The thick frosty detail and sharp design also add to its appeal and value.
How is the coin graded, and why does it matter?
The coin is graded on a scale of MS60 to MS70. Higher grades mean better condition, with MS66 considered highly valuable due to its minimal flaws and strong visual appeal.
Can the value of the 1908-S Saint-Gaudens Double Eagle increase over time?
Yes, the value can rise based on demand, rarity, and condition. As auction prices have shown, high-grade coins in excellent condition often appreciate in value over time.