United States Mint Moves Forward to Create a Modern Ultra-High Relief Double Eagle Gold Coin
WASHINGTON - Secretary of the Treasury Henry Paulson has authorized the United States Mint to issue a one-ounce ultra-high relief 24-karat gold coin, creating a 2009 version of what many have called the most beautiful gold piece ever made: the 1907 Augustus Saint-Gaudens $20 Double Eagle. The mintage of the new coin will be unlimited for one year. Among the production specifications approved by Secretary Paulson are the new coin’s business-strike finish and a diameter of 27 millimeters.
Only 2009-dated coins will be minted. The coins will go on sale in early 2009, although sales may continue into 2010 if inventory exists.
United States Mint Director Ed Moy announced at a meeting of the Citizens Coinage Advisory Committee (CCAC) on March 13, 2008, that the agency planned to recreate the Saint-Gaudens 1907 ultra-high relief $20 gold piece commonly referred to as the “Double Eagle.” The initial proposal by the United States Mint to develop this 24-karat gold coin had also been authorized by Secretary Paulson.
Through advancements in technology, the United States Mint can today produce the ultra-high relief coin envisioned by Augustus Saint-Gaudens in the early 20th century. A 27-millimeter diameter gold blank, more than 50% thicker than other United States Mint one-ounce 24-karat gold coins, will be used, because of its historical significance and the opportunity it provides to achieve the greater depth and relief to which Saint-Gaudens had aspired.
In most respects, the new legal tender gold coin will authentically reproduce the ultra-high relief gold piece. The obverse design (heads side) will be based on the obverse of the original Saint-Gaudens design executed in 1907. The reverse (tails side) also will be based on those pieces and will include 14 sun rays. The edge of the coin will feature the same raised edge-lettering as the 1907 pieces. The edge-lettering features the inscription “E Pluribus Unum” with stars serving as delimiters between the letters. (more…)

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