(Baltimore, Maryland) — The brief comments below are in conjunction with the unveiling of a new U.S. gold coin, the 2009 Ultra High Relief Double Eagle, by United States Mint Director, Ed Moy, at the American Numismatic Association World’s Fair of Money® in the Baltimore Convention Center on July 30, 2008.

"This is one of the most creative products to come from the United States Mint.  I believe it will be one of the Mint’s most sought after coins," stated Gary Adkins of Edina, Minnesota, President of the Professional Numismatists Guild (www.PNGdealers.com), a nonprofit organization composed of many of the nation’s top rare coin experts. 

"Virtually every collector would like to own one of the Ultra High Relief gold pieces issued in 1907 because it’s one of the world’s most beautiful coins; however, because of scarcity and strong demand, prices can range from $10,000 and up.  The 2009-dated Ultra High Relief Double Eagle gold coins will give collectors a chance to obtain this artistic rendition at a price closer to its actual gold bullion value," Adkins said.

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The United States Mint will reveal the 2009 Ultra High Relief Double Eagle Gold Coin at the ANA World’s Fair of Money® this week, but excited collectors don’t need to wait to see what the gold piece looks like. The U.S. Mint has provided high resolution images of the coin’s obverse, reverse and edge.

While highlighting the beauty of the 1907 Augustus Saint-Gaudens’ $20 Double Eagle liberty design, the coin photos makes the width of the gold piece immediately apparent. In piedfort like style, the $20 gold coin is about 50% thicker than other US Mint one-ounce gold coins.

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The United States Mint peaked curiosity further for the ANA World’s Fair of Money® convention by announcing their unveiling of the 2009 Saint-Gaudens double eagle designed gold coin and adding a display of six real gold bars that were refined at West Point.

The Mint previously announced they would show the modern $20 gold coin, but the latest announcement adds that their exhibit will:

Show the development of this modern masterpiece-from its origin as gold bars-through test strikes-to the finished, one-ounce 24-karat (.9999 pure) 2009 United States Mint Ultra High Relief Gold Coin.

For sure, an extra element of interest is added to the much awaited revelation of the 2009 Ultra High Relief, which is a modern version of the 1907 Augustus Saint-Gaudens $20 Double Eagle often described as the most beautiful gold piece ever made.

Weighing in at 27.5 pounds each with 400 ounces of gold, the six gold bars for the exhibit are worth about $2.3 million dollars based on yesterday’s London gold closing of $959.75 an ounce.

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Collectors will first see the 2009 Ultra-High-Relief Saint-Gaudens $20 gold coin July 30 at ANA’s World’s Fair of Money® in Baltimore.

The United States Mint announced today that Mint Director Ed Moy will reveal the coin, which is a modern version of the 1907 Augustus Saint-Gaudens $20 Double Eagle — often described as the most beautiful gold piece ever made.

The coin will contain one once of 24-karat gold, have a diameter of 27 millimeters, and will be 50 percent thicker than other U.S. one-ounce coins.

The mintage of the new coin will be unlimited for one year and sold only in 2009, unless inventory remains for 2010. Should proposed coin legislation entitled Original Saint-Gaudens Double Eagle Ultra-High Relief Palladium Bullion Coin Act become law, palladium versions of the coins will continue past 2010.

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The United States Mint announced on Friday that Secretary of the Treasury Henry Paulson has authorized the issuance of a 2009 version of the 1907 ultra-high relief Augustus Saint-Gaudens $20 Double Eagle coin.

According to the U.S. Mint, the 2009 legal tender Saint-Gaudens’ designed coin will be:

• Made of 24-karate gold,
• have an unlimited mintage for one year,
• released in only a one-ounce version,
• produced with a business-strike finish, and
• minted only in 2009

The 1907 Augustus Saint-Gaudens $20 Double Eagle is considered by many to be one of the most beautiful gold coins made in the history of U.S. coinage.

United States Mint Director Ed Moy has announced plans to bring back the Saint-Gaudens’ design in March of 2008. At the time he commented,

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More than 35 Other Winners in Heritage’s 2008 Survey, Including an ANA Life Membership

Dallas, Texas: Heritage Auction Galleries has selected more than 40 winners in their 2008 Auction Survey. The Grand Prize winner, an East Coast collector from Maryland, received a Mint State High Relief Saint-Gaudens $20.

Additionally, an ANA Life Membership was awarded to a numismatist from Ohio, and five ANA members won five-year memberships, and twenty one-year ANA memberships were awarded. Another ten ANA members won $100 gift certificates to the ANA Gift Shop/catalog.

Five Second Prize winners won the ability to auction $100,000 in numismatic properties with no Seller’s Fee, and ten Third Prize winners can auction $50,000 without a Seller’s Fee. Four additional winners received Mint State Saint-Gaudens $20 gold coins.

The winner of the Mint State High Relief Saint, who prefers to remain anonymous, had been collecting coins for more than 49 years, and is an ANA member.

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Last month U.S. Mint Director Ed Moy announced plans to recreate the famed Saint-Gaudens coin in 24-karat gold for 2009. That gold coin could potentially be supplemented or even replaced by the creation of a less expensive palladium version.

There is new legislation on the table to recreate the coin in palladium—a silver-white precious metal that is directly above platinum and to the left of silver in the Periodic Table of Elements.

The Augustus Saint-Gaudens’ designed coins are thought by many to be the most beautiful ever minted in the U.S. At the time of the announcement for the planned gold recreation of the coin, Mint Director Moy commented,

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United States Mint Director Ed Moy announced plans to bring back the Saint-Gaudens’ original ultra-high relief Liberty $20 Gold Piece. (An excellent photo of the front and back of such a coin may be seen in the recent Heritage Auction press release, Proof Gold Stars at Heritage’s $10 Million Phoenix ANA Signature Auction.)

The Saint-Gaudens’ designed coins are thought by many to be the most beautiful ever minted in the U.S. The collector coin will be made in 24-karat gold and launched in 2009.

“We want to spur the highest level of artistic excellence in American coin design,” said Director Moy.  “Recreating thousands of Augustus Saint-Gaudens’ ultra-high relief Double Eagles will be a defining moment in American coinage.”

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