Republic Precious Metals Exchange
9:00 AM – 5:00 PM (CST) | (800) 257.3253 | info@rpmex.com
While the Civil War effectively ended the circulation of gold and silver coinage up and down the East Coast, hard money remained in the channels of Western commerce throughout that fraught period in American history. The San Francisco Mint struck 9,500 half eagles in 1862, nearly all of which ended up in circulation. Probably three or four pieces survive in Mint State, at best, and the entire population of 1862-S five-dollar gold pieces is likely smaller than 100 coins.
The PCGS population is 1 with only 1 graded higher.
Listed at $67,500 in the PCGS price guide.
Numismatists are familiar with Augustus Saint-Gaudens’ eagle and double eagle, but his oeuvre included statues, bas-reliefs, medallions, cameos, and works in other media. As a teenager he began his career with an apprenticeship to a cameo-cutter before he left for Paris in 1867. Although he was able to make some money selling cameos in New York City, by his own accounts they did not sell well in Paris, where other artists were more skillful. Saint-Gaudens would soon create works on a grander scale, but his experience with cameo-cutting would come in handy when he was commissioned to design medals and, later, coins.
It is impossible to say which of Saint-Gaudens’ many works was the most important, but certainly his statue of General William Tecumseh Sherman is one of the most lauded, and the figure of Victory (Nike) in the monument would later be used as a model for the double eagle. This statue also brought Saint-Gaudens into contact with Roosevelt, who was vice president at the time, and their collaboration would later result in the beginning of the American coinage renaissance.
Saint-Gaudens wanted his statue of Sherman to be positioned near Grant’s Tomb, which was completed in 1897, for artistic and historical reasons. Roger Burdette (2006) writes, “After a chance meeting on a train returning from the Buffalo Exhibition in May 1901, he sought the intervention of vice-president Theodore Roosevelt in an attempt to secure his preferred location of the statue.”
Although Roosevelt was unsuccessful and the statue was placed at the southeastern corner of New York’s Central Park, he did not forget his encounter with Saint-Gaudens. Less than four years later, Roosevelt would ask Saint-Gaudens to redesign some of the country’s coins. The coins were Saint-Gaudens’ final project, and the 1907 High Relief double eagle was the fitting capstone to the artist’s distinguished career.
The physical perfection of this coin makes one realize why Theodore Roosevelt was so proud of these pieces and why he used them for presentation purposes.
Most 1907 High Reliefs are a pleasure to behold. This one, however, is (even) much better than that!
The NGC population is 20 (two of which have been designated “Star” by NGC) with 5 graded higher.
Listed at $312,000 in the CDN CPG and $290,000 in the NGC price guide.
Offered at $208,100
Like other gold denominations, gold dollars were minted in generous quantities in 1861, a year that saw a large influx of the yellow metal from out West. After the outbreak of the Civil War, gold and silver were quickly driven out of circulation by hoarding, so it is unsurprising to find that the 1861, with its mintage of 527,150 pieces, is readily collectible in Mint State grades through MS62 and MS63. Even near-Gems do not pose much of an issue. The certified population thins out in MS65 and drops precipitously beyond that.
The PCGS population is only 3 with 1 graded higher, the latter being an MS67+ example.
Listed at $24,000 in the CDN CPG and $30,000 in the PCGS price guide.
Offered at $23,100