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The Certified American $20 Gold Eagle 1908 MS65+ PCGS No Motto Rough Rider Hoard is a significant and sought-after piece in the realm of American numismatics. This particular coin was struck during a pivotal era in U.S. history, marking a time of transition in coin design and the minting process. The 1908 Gold Eagle is particularly noteworthy as it represents the culmination of the artistic vision of famed sculptor Augustus Saint-Gaudens, who was commissioned to create a new design for American gold coins, ushering in a new standard of artistry and craftsmanship.
The Gold Eagle series, introduced in 1907, was initially produced with a motto inscribed on the reverse. However, in 1908, the U.S. Mint decided to strike the coins without the motto, resulting in the No Motto variety, which would become highly prized among collectors. This decision was made for several reasons, including a desire for aesthetic purity and concerns about the engraving of the motto disrupting the visual appeal of the design. The No Motto variant, therefore, stands as a testament to this artistic philosophy and has gained a significant following among numismatists.
The obverse of the 1908 Gold Eagle showcases the iconic depiction of Lady Liberty, modeled after the classic designs of the early 20th century. Lady Liberty is portrayed walking confidently, clad in a flowing gown, and holding a torch in her right hand and an olive branch in her left. This imagery is rich with symbolism, representing enlightenment, freedom, and the pursuit of peace. Surrounding her figure are rays of sunlight that enhance the sense of movement and vitality. The date "1908" is elegantly displayed below her feet, reinforcing the coin's vintage appeal.
On the reverse side, the design features a powerful bald eagle in flight, which is a prominent emblem of American strength and independence. The eagle carries an olive branch back to its nest, where it resides with its mate and young, symbolizing family and protection. The reverse design includes the inscriptions “United States of America,” the denomination of “Twenty Dollars,” and the coin's gold content. This combination of imagery and text creates a striking representation of the values held dear by the nation during this time.
The 1908 Gold Eagle was minted at the Philadelphia Mint, which was the primary facility for gold coin production at the time. The mintage for the 1908 No Motto variety was relatively low compared to its predecessors, contributing to its rarity and desirability among collectors. The total mintage for the 1908 Gold Eagle was approximately 240,000 coins, which was considered modest, especially given the context of the era. As the demand for gold increased, these coins became sought after for both their bullion value and their historical significance.
The specific coin in question, graded MS65+ by PCGS, represents a remarkable example of the 1908 Gold Eagle. The “MS” designation indicates that the coin is in Mint State condition, showcasing unblemished surfaces and a high level of detail. The “65+” grade indicates a superior quality within the Mint State range, denoting a well-preserved coin with attractive luster and minimal imperfections. Such high-grade examples are coveted by collectors and investors alike, as they represent both a piece of history and a sound investment in precious metals.
Furthermore, this coin is part of the "Rough Rider Hoard," a nickname given to a collection of coins associated with the Rough Riders, a volunteer cavalry regiment that famously fought during the Spanish-American War. The connection to this historic group adds a layer of intrigue and value to the coin, linking it to a period marked by bravery, adventure, and the American spirit. Collectors of both military memorabilia and numismatic enthusiasts find this association particularly compelling, enhancing the appeal of the coin beyond its monetary value.
In summary, the Certified American $20 Gold Eagle 1908 MS65+ PCGS No Motto Rough Rider Hoard is a remarkable representation of American history and artistry. With its beautiful design, low mintage, and connection to the Rough Riders, this coin holds significant value both as a collectible and as an investment in gold. Its status as a high-grade example only adds to its desirability, making it a prized possession for collectors who appreciate the rich history and craftsmanship that American coins embody.