Welcome Sign-In | Register
Sold for: Sign-in or Join (free & quick)
includes Buyer's Premium (BP) 


Magnificent 1908 Double Eagle
With-Motto Type
Matte PR66

1908 $20 Motto PR66 NGC. No proofs of Augustus Saint-Gaudens' beautiful double eagle design were made for sale to the public until after the debate about the motto IN GOD WE TRUST had been settled. President Theodore Roosevelt felt it was blasphemous to use God's name on tawdry, secular objects like money, and directed that the motto be omitted on the new designs. However, the public was overwhelmingly opposed to the removal of the motto. In deference to public outcry, the motto was restored on coins struck after August 1, 1908. The first proofs made for sale to the general public were of the With-Motto design, struck after that date.
All proof examples of the 1908 double eagle were produced with a controversial Matte, or Sandblast, finish. This finish proved unpopular with the public, and few pieces were sold. The April 1909 issue of The Numismatist had this to say about the new proofs:

"The types of the gold coins now being issued at the United States Mint do not permit the making of bright finish or brilliant Proof specimens. The face of the die touches almost every part of the planchet, dulling the surface of even a polished blank. Proof coins of the present gold series, so far as issued, have a very dull appearance, the finish being what is known as 'sandblast,' and are far less pleasing to the eye than the coinage for circulation, which is brighter and of lighter color."
"Less than 100 gold Proof sets were struck dated 1908. All are of the new types, the $10 and $20 with the motto IN GOD WE TRUST. Few things are more beautiful than a brilliant Proof gold coin. The absence of this condition in the new series is to be regretted."

Today, collectors appreciate the Sandblast proofs of this era as sophisticated works of art. Examples of this production process are rare, with David Akers and Jeff Ambio estimating a surviving population of 65-80 pieces in all grades.
The present coin is a superior representative of this coveted issue. The dark, matte-textured surfaces give the coin a medallic quality. The strike is extraordinary, with crisp detail showing on all the devices. Overall eye appeal is outstanding. Census: 28 in 66, 12 finer (11/08).(Registry values: N10218) (NGC ID# 26GV, PCGS# 9205)

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
January, 2009
7th-11th Wednesday-Sunday
Internet/Mail/Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 682

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

Order Now! Just $95

Heritage membership

sold in the last year

Join Now - It's Free

  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your

Consignments wanted

Only 26 days left to consign to the 2016 February 3 - 8 US Coins Signature Auction - Long Beach!

Learn about consigning with us

We were so pleased with the whole process of consigning and selling through Heritage.
Mike Beckstead,
Rotonda West, FL
View More Testimonials receives more traffic than any other auction house website. To compare for yourself, visit:

Video tutorial

Getting the most out of search

Recent auctions

2015 October 29 - November 1 US Coins Signature Auction - New York
2015 October 29 - November 1 US Coins Signature Auction - New York
REALIZED $11,037,684
2015 September 17 - 22 LB Expo World Coins Signature Auction - Long Beach
2015 September 17 - 22 LB Expo World Coins Signature Auction - Long Beach
REALIZED $5,216,239
2015 October 21 - 24 Eric P. Newman Collection Part VII Currency Signature Auction - Dallas
2015 October 21 - 24 Eric P. Newman Collection Part VII Currency Signature Auction - Dallas
REALIZED $2,890,826

© 2015 Heritage Auctions | All Rights Reserved