Saint-Gaudens

UHR $20 Double Eagle Gold Coin2009 UHR $20 Gold Coins will become easier for collectors to buy Monday. Order limits increase from one per household to ten, the US Mint announced this week with the following message on its Web site.

 

Effective July 27, 2009 at 12:00 noon (ET): The United States Mint will adjust the household order limit on the 2009 Ultra High Relief Double Eagle Gold Coin from a limit of one (1) coin per household to ten (10) coins per household. The household order limit will be re-evaluated on a regular basis and the United States Mint will either extend, adjust or remove the limit as needed.

 

The gorgeous coin launched with great excitement on Jan. 22 and to exploding sales — despite the 1-coin limit and initial $1,189 price tag. 28,173 were purchased on day one, 40,727 by day four. The US Mint generated nearly $50 million in new sales during those first few days alone.

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Legislation has been reintroduced in the Senate that would authorize the United States Mint to produce Saint-Gaudens Ultra High Relief bullion coins in palladium.

Palladium Ultra High Relief Coin Mock-up

Details are sparse since the legislation has yet to be published by the Government Printing Office (GPO). The bill, S. 758, was only introduced Wednesday.

History, however, provides insights. Senators Max Baucus [D-MT] and Jon Tester [D-MT] sponsored S. 758 and they also introduced S. 2924 for the same purpose last year. That bill was similar to an earlier and unanimously passed House version, H.R. 5614. The Senate failed to take action on either before the new year, and both died with the end of the 110th congress.

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2009 Ultra High Relief Double Eagle Gold CoinThe United States Mint on Wednesday sent e-mail updates to customers who purchased a 2009 Ultra High Relief Double Eagle Gold (UHR) coin. The e-mail expands on the Mint’s shipment notice recently placed on its online store, and includes additional information such as return details.

The Mint has been under considerable heat from customers wondering when their coins will be shipped. The problem was compounded when the Mint sent out several notices with differing delivery dates. And of course, is worsened by a long delay between ordering and receiving.

To add to the Mint’s woes, apparently some orders may have been shipped ahead of others. If reality, and the Mint has not verified the possibility, production problems with UHR companion books may account for the disparity.

Here is the Mint e-mail in its entirety: Read the rest of this numismatic news article »

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For those wondering when, if ever, their 2009 Ultra High Relief $20 Double Eagle gold coin would ship from the United States Mint, the answer looks to be sooner versus later, based on a new Mint notice posted at its online shopping center. In fact, the Mint says the coins are now shipping: Many collectors [...]

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US Mint Sales Figures Image

The US Mint is left with two 2008-W American Eagles gold coins in the uncirculated collector series inventory. The 1 oz option sold out Wednesday. Sales were respectable with an increase of 799, or 9.3 percent.

The biggest jumper in the series was the 1/4 oz option, rising 11.4 percent. The 1/4 oz size settled down with an increase of just 0.6% following last week’s reported surge of 48.1 percent. After the current inventory is exhausted, these two coins will not be sold by the Mint again.

2009 Ultra High Relief $20 Double Eagle gold coins moved nicely, rising by 2,579, or 5.7 percent. Collectors have now purchased 47,999 UHRs since they went on sale Jan. 22.

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The United States Mint on Tuesday opened a new exhibit in Philadelphia that offers a glimpse into the development of the 2009 Ultra High Relief Double Eagle Gold Coin. The 2009 gold piece is a modern day recreation of the Augustus Saint-Gaudens’ designed 1907 $20 Double Eagle — considered by many to be the most [...]

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2009 Ultra High Relief Double Eagle Gold CoinCollectors were more than eager to slap down $1,189.00 for the 2009 Ultra High Relief $20 Double Eagle Gold Coin during its first days of availability, with sizzling sales figures reported.

The United States Mint placed the modern day recreation of the famed Augustus Saint-Gaudens’ designed 1907 $20 Double Eagle gold piece on its online store January 22, 2008.

All indicators pointed to a first day Double Eagle meltdown. Initial online orders took an hour or more to place, and collector reports about Mint phone line back-ups were plentiful.

The one-ounce highly detailed coin is struck in 24-karat, .9999 fine gold and is limited to a single year of issue. Its smaller diameter of 27mm is more than 50 percent thicker than modern US Mint gold coins. Those features and more, made the coin a hit.

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2009 Ultra High Relief Double Eagle Gold CoinThe United States Mint released the highly anticipated 2009 Ultra High Relief Double Eagle Gold Coin today at noon (ET). All indications show that early coin sales are blazing, with reports of busy Mint phone lines and online ordering backups where buyers have had to wait an hour or more to place an order.

The coin collector’s excitement for the modern day recreation of the famed Augustus Saint-Gaudens’ designed 1907 $20 Double Eagle gold piece is felt across the Internet — websites, forums, and social groups. On CoinNews itself, thousands of collectors have searched for and viewed recent double eagle articles in a matter of hours, easily ranking interest in this coin at a historical high for any on the site.

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Flying through snail mail are 2009 Ultra High Relief Double Eagle Gold Coin brochures from the US Mint to collectors. The mailer is complete with coin images, design details, coin strike accounts and a historical background touching the 1907 $20 gold piece — the master template for the digitally reproduced and minted 2009 Double Eagle coin.

2009 Ultra High Relief Double Eagle Gold Coin brochure

Without a doubt, the Mint wants these one-year-only gold coins to have an unparalleled impact with collectors. The 4-1/4" by 7" brochure unfolds to ten full panels (five front and back) and is dedicated to describing only the gold piece, making it one of the most comprehensive single product mailers the Mint has ever sent.

The Augustus Saint-Gaudens’ designed 1907 $20 Double Eagle has often been described as "the most beautiful coin ever minted." The 21st century version goes on sale Thursday, January 22, at 12:00 noon (ET).(See Mint Ultra High Relief images.)

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Designs images were unveiled for modern Augustus Saint-Gaudens’ 1907 Double Eagle coins just months ago. Now 2009 Ultra High Relief Double Eagle Gold Coins are in production at West Point, the United States Mint announced Monday. With that, everything is in stride for an early 2009 release that is sure to delight coin collectors.

2009 Ultra High Relief Double Eagle Gold Coin

"This gold ultra high relief coin, evoking Augustus Saint-Gaudens’ 1907 Double Eagle with Liberty striding forward, is one of the world’s most beautiful coins," Director Moy told the crowd.

"The United States Mint is proud to render the vision of President Theodore Roosevelt and Augustus Saint-Gaudens in a way that honors our past and raises the bar for the future.

One hundred years from now, I believe the 2009 Ultra High Relief Double Eagle Gold Coin will be remembered as the birth of the greatest American century in coin-making history."

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