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Description

Splendid Gem 1908 Motto Twenty
Far Rarer Than the 1908 No Motto

1908 $20 Motto MS65 PCGS. Speaking softly and carrying a big stick usually worked for President Teddy Roosevelt, who rode rough over most opposition to his "pet crime" of improving U.S. numismatic art. But despite his intense opposition, Congress overruled his objections to placing the motto IN GOD WE TRUST on the new gold coinage--an act that the president felt was tantamount to sacrilege. The design had already been launched, however. A rework was needed, creating the No Motto and Motto subtypes. The mintage of the Motto type was only 156,000 pieces, compared with over 4.2 million for the No Motto coins, and today the 1908 Motto double eagles are very rare in Gem condition. (The comparisons are even more dramatic due to the existence of many thousands of coins from the remarkable Wells Fargo hoard of 1908 No Motto double eagles, many of which are in grades ranging up as high as MS69.)
This splendid Gem offers wonderful orange-gold surfaces with minimal marks on either side. The strike is uniformly sharp, a characteristic of the issue. Population: 41 in 65, 10 finer (3/10).
From The Carter Family Collection.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26F8, PCGS# 9147, GSID# 10135)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 156,258


Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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Auction Info

Auction Dates
Apr-May, 2010
28th-2nd Wednesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 840

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Apr 29, 2010 for: $12,650.00
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