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Historic First Strike Of Nation's Most Beautiful Coin

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United States
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 Posted 11/25/2008  5:36 pm Show Profile   Bookmark this topic Add US Mint to your friends list Get a Link to this Message Number of Subscribers
Historic-First-Strike-Of-Nation's-Most-Beautiful-CoinHISTORIC FIRST STRIKE OF NATION'S MOST BEAUTIFUL COIN
United States Mint at West Point Begins Producing 2009 Ultra High Relief Double Eagle Gold Coin

WEST POINT, N.Y. -The United States Mint at West Point invited officials from numismatic organizations and reporters to witness the historic first production strike of the highly anticipated 2009 Ultra High Relief Double Eagle Gold Coin today. The new 24-karat (.9999 pure) gold coin is a modern version of what many call the most beautiful gold piece ever created-Augustus Saint-Gaudens' 1907 Double Eagle. The United States Mint will begin taking orders for the new collectible gold coin early next year.

United States Mint Director Ed Moy struck the first coin, which will be transferred to the Smithsonian Institution's National Museum of American History. He struck a second coin as an addition to the United States Mint's heritage assets.

"This gold ultra high relief coin, evoking Augustus Saint-Gaudens' 1907 Double Eagle with Liberty striding forward, is one of the world's most beautiful coins," Director Moy told the crowd. "The United States Mint is proud to render the vision of President Theodore Roosevelt and Augustus Saint-Gaudens in a way that honors our past and raises the bar for the future. One hundred years from now, I believe the 2009 Ultra High Relief Double Eagle Gold Coin will be remembered as the birth of the greatest American century in coin-making history."

In the early 1900s, President Roosevelt called for a "renaissance" in American coinage. He thought the coins of that era were unattractive and wanted them to embody the national identity of the United States and its preeminence on the world stage. Roosevelt chose Augustus Saint-Gaudens to redesign America's coins. Saint-Gaudens was a renowned sculptor and artist who shared the President's vision for expressing America's national identity visually through art. However, despite Saint-Gaudens' masterful design for a $20 gold piece with ultra high relief, it could not be mass produced using the technology of that era.

Now, aided by advancements in technology, the United States Mint can produce, in quantity, the ultra high relief coin envisioned, but never fully realized, by Roosevelt and Saint-Gaudens in 1907. Through 21st century technology, original Saint-Gaudens coin plasters were digitally mapped by the United States Mint. The Saint-Gaudens sculpture - in ultra high relief - has been updated to reflect the year 2009; four stars have been added to represent the current 50 states; and the inscription IN GOD WE TRUST, which was not on the 1907 version, will be on the reverse (tails side) of the coin. Additionally, a small border was added for a more consistent edge. The 2009 coin will be made of 24-karat gold. The new 2009 Ultra High Relief Double Eagle Gold Coin will have the nominal denomination of $20.

The sales price for the coin has not been determined; it will depend, in part, on prevailing world gold prices. It will be available early next year via the United States Mint's Web Site at www.usmint.gov or by phone at 1-800-USA-MINT.

Historic-First-Strike-Of-Nation's-Most-Beautiful-Coin
Historic-First-Strike-Of-Nation's-Most-Beautiful-Coin
Edited by US Mint
11/25/2008 5:43 pm
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wd1040's Avatar
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3098 Posts
 Posted 11/25/2008  5:40 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
I'm sooo getting one...

In fact, the Kruggerand I got at 710 was bought just so I can sell it at 2009 prices to get ones of these!
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jbuck's Avatar
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187792 Posts
 Posted 11/25/2008  5:42 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
It is quite possible that this will become my first gold coin.
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Sir Ferrari's Avatar
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671 Posts
 Posted 11/25/2008  7:55 pm  Show Profile   Bookmark this reply Add Sir Ferrari to your friends list Get a Link to this Reply
How are the TPG's going to slab these?
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yotie's Avatar
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3077 Posts
 Posted 11/25/2008  8:49 pm  Show Profile   Bookmark this reply Add yotie to your friends list Get a Link to this Reply
really dig the roman numeral date
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Spider5689's Avatar
United States
2269 Posts
 Posted 11/25/2008  9:50 pm  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I'm glad the mint decided to stay true to form on this one. I am definitely purchasing one of these.
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hemi1500's Avatar
United States
117 Posts
 Posted 11/26/2008  02:56 am  Show Profile   Bookmark this reply Add hemi1500 to your friends list Get a Link to this Reply
what would you estimate the price on this beautieto be
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wd1040's Avatar
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3098 Posts
 Posted 11/26/2008  03:12 am  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
At gold being 800, maybe $1k
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hemi1500's Avatar
United States
117 Posts
 Posted 11/27/2008  2:14 pm  Show Profile   Bookmark this reply Add hemi1500 to your friends list Get a Link to this Reply
If I buy one, how do I keep it, as is,? slabbed? which will be the better choice
Edited by hemi1500
11/27/2008 6:11 pm
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United States
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 Posted 11/27/2008  2:20 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
anyone think that it looks like a bowl on the 3rd pic? I'll probably try to save up and get this BUT I hope its not a lot of money.........(lets say gold is at 700 and the mint wants 1500).
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wd1040's Avatar
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3098 Posts
 Posted 11/27/2008  2:51 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list Get a Link to this Reply
mkman123!

Anyways, yes it does look like a bowl, but with all high relief coins, the detail will be very high. That means Liberty's leg would be as high as the rim... so it's like a mini-statue.

!I hope too it's not going to be 2x the spot price! If so, I'll just have to see if anyone wants to trade that for a Krugerrand
Edited by wd1040
11/27/2008 2:52 pm
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KurtS's Avatar
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5318 Posts
 Posted 11/27/2008  4:51 pm  Show Profile   Bookmark this reply Add KurtS to your friends list Get a Link to this Reply
It's great to see a new coin that's faithful to the spirit of the original
I don't usually like gold coins, but I like that...good photos help too.
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wif99's Avatar
United States
377 Posts
 Posted 11/30/2008  11:59 am  Show Profile   Bookmark this reply Add wif99 to your friends list Get a Link to this Reply
I agree Must have, Actually must have 2, 1 each UNC and Proof
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daviscfad's Avatar
United States
4541 Posts
 Posted 12/14/2008  11:08 pm  Show Profile   Bookmark this reply Add daviscfad to your friends list Get a Link to this Reply

Quote:
(lets say gold is at 700 and the mint wants 1500).


I am thinking it will be pretty expensive have a nice premium on it
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ken8400's Avatar
United States
84 Posts
 Posted 12/16/2008  12:21 pm  Show Profile   Bookmark this reply Add ken8400 to your friends list Get a Link to this Reply
WOW , very nice. I'll take 5 of them for $100.
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