The 1908 No Motto Saint-Gaudens Double Eagle is a fascinating and historically significant U.S. gold coin. As one of the earliest issues of the Saint-Gaudens Double Eagle series, it represents President Theodore Roosevelt’s vision for more artistic and classical American coinage. However, the removal of the “IN GOD WE TRUST” motto from this particular issue created controversy and eventually led to a design change later in 1908. Today, the 1908 No Motto Saint-Gaudens Double Eagle is a popular and collectible coin, with both numismatic and historical appeal.
The Creation of the Saint-Gaudens Double Eagle
The Saint-Gaudens Double Eagle ($20 gold coin) was first introduced in 1907, replacing the Liberty Head Double Eagle that had been in circulation since 1850. Designed by famed sculptor Augustus Saint-Gaudens, the coin is often considered one of the most beautiful in American numismatic history. The obverse features Lady Liberty striding forward with a torch in one hand and an olive branch in the other, while the reverse displays a majestic eagle soaring above the sun’s rays.
Why Does the 1908 Issue Have No Motto?
When the design was first struck, the phrase “IN GOD WE TRUST” was omitted at the request of President Theodore Roosevelt, who believed that putting the name of God on money was inappropriate. This decision was met with public backlash, and later in 1908, Congress ordered the motto to be restored. As a result, the 1908 No Motto Double Eagle was a one-year-only type, adding to its collectibility.
Mintage and Mint Locations
The 1908 No Motto Saint-Gaudens Double Eagle was struck at two U.S. Mint facilities:
- Philadelphia Mint (No Mintmark): 4,271,551 coins
- Denver Mint (“D” Mintmark): 663,750 coins
Since a large number of these coins were exported and later melted, surviving high-grade examples are particularly desirable.
Key Characteristics of the 1908 No Motto Double Eagle
1. Design Features
- Obverse: Liberty holding a torch and olive branch, with the U.S. Capitol in the background.
- Reverse: A majestic eagle soaring above a sunburst.
- Edge: Raised lettering with E PLURIBUS UNUM.
- No Motto: Unlike later 1908 issues, this version does not include “IN GOD WE TRUST” above the sun on the reverse.
2. Weight and Composition
- Weight: 33.44 grams
- Diameter: 34 mm
- Metal Content: 90% gold, 10% copper
- Gold Content: 0.9675 troy ounces
Collecting and Value of the 1908 No Motto Saint-Gaudens Double Eagle
Because of its relatively high mintage, the 1908 No Motto issue is one of the most affordable Saint-Gaudens Double Eagles, making it a great choice for collectors. Prices vary depending on condition:
- MS60-MS62: $2,100 – $2,300
- MS63-MS64: $2,300 – $2,500
- MS65: $2,800 – $3,200
- MS66: $4,000+
Prooflike and CAC-approved examples command higher premiums.
Conclusion
The 1908 No Motto Saint-Gaudens Double Eagle is an important piece of numismatic history, marking the start of a beloved coin series and a brief controversy over religious inscriptions on U.S. currency. With its stunning design and historical significance, this coin remains a must-have for collectors and investors alike.
FAQs
Why does the 1908 No Motto Saint-Gaudens Double Eagle not include “IN GOD WE TRUST”?
President Theodore Roosevelt believed that placing God’s name on money was inappropriate. However, public backlash led to the motto being restored later in 1908.
How can I tell if I have a No Motto or With Motto 1908 Double Eagle?
Look at the reverse of the coin above the sun. If “IN GOD WE TRUST” is missing, it is a No Motto variety.
Is the 1908 No Motto Double Eagle a good investment?
Yes, it is one of the more affordable Saint-Gaudens Double Eagles and remains popular among both collectors and investors.