1908 $20 Motto MS66 PCGS....

Description

With Motto 1908 Double Eagle, MS66
Beginning of the Main Series

1908 $20 Motto MS66 PCGS. President Theodore Roosevelt was an opponent of the words IN GOD WE TRUST on coinage, though not necessarily elsewhere. His November 11, 1907 letter to Rev. Roland C. Dryer of Nunda, NY (see Heritage's Morse Collection, 11/2005, lot 6501), reads in part: "My own feeling in the matter is due to my very firm conviction that to put such a motto on coins, or to use it in any kindred manner, not only does no good but does positive harm, and is in effect irreverence which comes dangerously close to sacrilege."
Congress, having other thoughts on the subject and seeing a chance to put the spiritual motto to temporal use, passed legislation to force the motto onto Roosevelt's "pet crimes," and Roosevelt signed the bill into law. This resulted in an abbreviated coinage of With Motto 1908 double eagles later in the year, including this Premium Gem. Rich apricot-gold luster graces smooth surfaces which show just a few minor marks away from the prime focal areas. Population: 10 in 66, 1 finer (7/11).(Registry values: N1)

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

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

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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