The Lincoln Wheat Penny Valued at $4.44 Million, Still in Circulation

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The Lincoln Wheat Penny Valued at $4.44 Million, Still in Circulation

The 1908-D Saint-Gaudens $20 Double Eagle is more than just a coin – it’s a powerful piece of American history. With a stunning design by Augustus Saint-Gaudens and minted at the Denver Mint, this coin carries both artistic beauty and historical significance.

What truly makes this piece remarkable is that it once sold for an incredible $4.44 million at auction, placing it among the most valuable U.S. coins ever. Let’s take a closer look at why this gold coin holds such an important place in the world of coin collecting and investing.

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Key Specifications

This coin is made of 90% gold and 10% copper, with a diameter of 34.00 mm and a weight of 33.40 grams. Its lettered edge instead of a reeded one gives it a more refined and classical appearance. Minted in Denver, only 180,000 pieces were produced in 1908, making high-grade examples rare and highly desirable today.

A Masterpiece by Augustus Saint-Gaudens

Augustus Saint-Gaudens was a celebrated sculptor chosen by President Theodore Roosevelt to redesign American coinage in the early 1900s. The result was the Double Eagle, which is widely considered the most beautiful U.S. coin ever made. On the front, Lady Liberty strides forward holding a torch and olive branch, symbolizing enlightenment and peace. On the reverse, a majestic eagle soars under the rising sun, representing America’s power and future.

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The Importance of the 1908-D Version

While many Saint-Gaudens Double Eagles were minted, the 1908-D version with the “D” mintmark from Denver is especially notable because it features the “No Motto” version—lacking the words “In God We Trust” that appeared on later issues. This version marks a key moment in U.S. coin design history. It also stands out due to its limited survival rate in top condition, which is why collectors pay premium prices for high-grade examples.

Record-Breaking Auction Price

This particular coin type set a record auction price of $4,440,000, making it one of the most expensive U.S. coins ever sold. The record reflects not only the coin’s rarity and condition but also its strong demand in the collector and investor markets. As gold prices rise and rare collectibles gain popularity, coins like the PCGS #9187 continue to make headlines.

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The 1908-D Saint-Gaudens Double Eagle (PCGS #9187) is a legendary coin that blends beauty, rarity, and investment value. Designed by one of America’s finest sculptors and minted during a transformative time in U.S. coinage, this coin represents a golden chapter in history.

With nearly a full ounce of gold and a record-breaking sale of over $4 million, this Double Eagle continues to capture the imagination of collectors and investors alike. If you’re lucky enough to own or see one, you’re holding a masterpiece of American numismatics.

FAQ’s

What is PCGS #9187?

PCGS #9187 is the 1908-D Saint-Gaudens $20 Double Eagle gold coin, designed by Augustus Saint-Gaudens and minted in Denver. It is part of the ‘No Motto’ series.

How much gold is in the PCGS 9187 coin?

The coin contains around 0.9675 troy ounces of gold, composed of 90% gold and 10% copper, and weighs 33.40 grams.

Why is the 1908-D Double Eagle valuable?

It is valuable due to its beautiful design, limited high-grade survival, historical importance as a ‘No Motto’ coin, and its record auction sale of $4.44 million.

Who designed the 1908-D Saint-Gaudens coin?

Augustus Saint-Gaudens, a renowned sculptor, designed the coin at the request of President Theodore Roosevelt to enhance U.S. coinage design.

What was the auction record for PCGS #9187?

The 1908-D Saint-Gaudens Double Eagle set a record auction price of $4,440,000, making it one of the most valuable American coins ever sold.

Johnson

Johnson is an experienced rare coin enthusiast with in-depth knowledge of valuable collectibles, including wheat pennies. He specializes in identifying high-value coins and understands the best strategies for selling them in the collector's market. With years of hands-on experience, Johnson knows how to maximize the value of each coin through expert evaluation and the right sales channels.

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