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The Certified 1906 Pattern Double Eagle "Smithsonian Collection" 1 Ounce .999 Gold is a remarkable coin that represents both historical significance and numismatic artistry. The double eagle pattern, first conceived in the early 20th century, was a design trial that never made it to regular circulation, but it remains one of the most iconic and sought-after patterns in U.S. coinage. The coin is based on a design that was intended to become the U.S. $20 gold coin, but due to various reasons, it was never produced for general circulation. Today, however, these patterns, including the 1906 version, are highly collectible, especially when presented in this unique gold version with .999 purity. The coin was part of the prestigious "Smithsonian Collection," which further enhances its appeal, as it was held by one of the most renowned institutions in the world.
The history of the 1906 Pattern Double Eagle begins with the U.S. Mint's attempt to redesign its $20 gold coin. In 1905, President Theodore Roosevelt, keen on improving the artistry of U.S. coins, enlisted renowned sculptor Augustus Saint-Gaudens to create a new design for the double eagle. Saint-Gaudens' work was intended to symbolize the nation's strength and prosperity, and his designs were groundbreaking in their elegance and complexity. The 1906 pattern is based on Saint-Gaudens' initial sketches, which featured a standing, majestic Liberty on the obverse, holding a torch and an olive branch. Unfortunately, political and economic challenges led to delays, and the final designs for the 1907 and later issues of the double eagle were adjusted. However, the 1906 patterns, which had been struck in small quantities, never saw widespread circulation, making them rare and highly coveted by collectors today.
The design of the 1906 Pattern Double Eagle is notable for its elegance and boldness. The obverse of the coin showcases Lady Liberty in full stride, holding a torch in one hand and an olive branch in the other. She is depicted in full profile, with flowing robes and a majestic presence that exudes power and freedom. The background of the obverse features a radiant sun, symbolizing hope and opportunity, with the word "LIBERTY" inscribed above her head. The reverse of the coin features a stunning eagle in flight, wings spread wide, symbolizing strength and the nation’s resolve. The eagle is surrounded by a series of stars and the inscription "UNITED STATES OF AMERICA" and "TWENTY DOLLARS." The beauty of this design, with its intricate details and strong symbolism, reflects the artistic vision of Saint-Gaudens and the grandeur of the United States during that time period. This pattern was intended to replace the older designs, bringing a new level of artistry to U.S. coinage.
The 1906 Pattern Double Eagle was not produced in large quantities. The U.S. Mint created only a small number of these patterns for evaluation purposes, with the exact mintage uncertain. It is widely believed that fewer than 100 pieces were struck in total. These coins were never released into circulation, as the Mint opted to revise the design further, ultimately leading to the 1907 issue that became the final design for the gold double eagle. The rarity of the 1906 Pattern Double Eagle is a major factor in its desirability among collectors. Its limited production, combined with its association with one of the most important coin design revamps in U.S. history, has made it one of the most sought-after coins in the world of numismatics. Only a handful of these original 1906 patterns are believed to have survived, and even fewer are available for sale on the open market.
The Certified 1906 Pattern Double Eagle "Smithsonian Collection" 1 Ounce .999 Gold is part of a special release of these coins, carefully preserved and certified by reputable numismatic organizations. The coin’s .999 gold content gives it substantial intrinsic value, as it contains a full ounce of pure gold. In addition to its gold content, the coin’s certification adds a layer of authenticity and guarantees its quality. It is important to note that this coin is not a direct mint issue from 1906, but rather a modern re-issue produced with the highest standards of precision and craftsmanship. Its certification ensures that the coin is an accurate reproduction of the original 1906 pattern, preserving the artistry of the design while offering collectors and investors a way to own a piece of U.S. coinage history. The coin’s connection to the Smithsonian Collection further elevates its significance, as it was once part of one of the world’s most respected institutions for preserving and studying historical artifacts.
The coin’s condition is one of its defining features. Being a modern reissue with a 1-ounce .999 gold composition, it maintains exceptional quality. The certification by a recognized grading service such as NGC or PCGS ensures that the coin meets high standards for minting quality, providing collectors with the confidence that the coin is in pristine, uncirculated condition. The coin’s design is executed with remarkable detail, reflecting the craftsmanship of the Mint. The high-grade finish on the coin ensures that the intricate details, such as the flowing robes of Liberty and the feathers of the eagle, are sharp and clear. The 1-ounce gold content also gives the coin a substantial weight, enhancing its appeal to both collectors and investors. Coins that are in pristine condition are rare, and such high-quality examples of the 1906 Pattern Double Eagle are especially valuable in the marketplace.
The value of the Certified 1906 Pattern Double Eagle "Smithsonian Collection" 1 Ounce .999 Gold is determined by a combination of factors, including its historical significance, rarity, and condition. The 1906 pattern is one of the most important and visually striking coins in U.S. history, and its limited mintage means that any example in good condition will always be highly prized. The coin’s modern re-issue in .999 fine gold, certified as part of a prestigious collection, ensures that it will be highly desirable for both collectors and investors. As the demand for rare and beautiful coins continues to rise, coins like this 1906 pattern will likely appreciate in value over time. Additionally, the coin’s connection to the Smithsonian Collection further enhances its marketability and potential for long-term value retention. For those who wish to invest in gold while also acquiring a piece of American numismatic history, the Certified 1906 Pattern Double Eagle is an ideal choice.
In conclusion, the Certified 1906 Pattern Double Eagle "Smithsonian Collection" 1 Ounce .999 Gold is a highly collectible and valuable coin that embodies the artistic, historical, and monetary significance of U.S. coinage. Its design, created by Augustus Saint-Gaudens, remains one of the most celebrated in American numismatic history. The coin’s limited mintage, connection to the Smithsonian Collection, and gold content make it a prized piece for both collectors and investors. The modern reissue, certified for authenticity and quality, ensures that this coin remains accessible while preserving its historical legacy. Whether as part of a personal collection or as an investment in precious metals, the 1906 Pattern Double Eagle is a lasting symbol of American craftsmanship and the nation’s enduring values.