The 1907 St. Gaudens $20 Coin was produced by the US Mint from 1907-1933. The Gold Coin is named after Augustus Saint-Gaudens, who designed the coin. This coin is undoubtedly one of the most popular and most beautiful US coins. The Saint-Gaudens $20 Gold Coin is a coin valued by investors, treasured by numismatists, and loved by just about anyone who manages to get their hands on one.
For collectors, finding a 1907 St. Gaudens $20 Gold Coin in excellent condition is always the goal, but is not such an easy goal to accomplish. Thanks to their age, these coins can never have their condition guaranteed and can range from being in great shape to being in extremely poor shape.
For coins from the early 1900’s, the most difficult task for collectors is finding a piece that has remained in decent condition through its 100+ year history. Though well-preserved pieces do exist, they are seldom easy to be found, and even more seldom found in decent condition. For this reason, you will see collectors carefully analyzing every facet of a coin prior to it being purchased.
Under normal circumstances, a coin that is having its condition called into question will be sent away to a professional organization for grading. Understanding that not everyone has the time and money set aside to send their coins away for grading, we have provided below an outline of the different characteristics of the most popular coin grades.
Uncirculated: A coin that is determined to be Uncirculated is one that spent very little time, and sometimes none whatsoever, in circulation. These Gold Coins will have all of their imagery and inscriptions perfectly preserved such that the coin’s actual texture is no different than what it was the day it was first minted. For collectors, finding a Gold Coin in Uncirculated condition is no simple task.
Extremely Fine: Extremely Fine is a coin grade given to pieces that were circulated, but not for very extended periods of time. These coins will show some light surface wear, but for the most part will appear to be in pristine condition. For collectors, these coins are often preferred over Uncirculated editions simply because they can often be acquired for a lesser price.
Fine: Fine is a middle of the road grade given to coins that have been circulated, but have not incurred the type of damage you would expect to find on a coin that was exchanged for so long. All in all, coins of Fine grade will have had their surface worn down a bit due to the changing of hands over the years, and consistent surface scratching will be able to be made out.
Good: Good is the worst grade a coin can receive, but is not all that uncommon for a piece that is well over one hundred years old. These coins exchanged hands for an extended period of time, and because of that have had ample opportunities to become damaged and worn. All in all, these coins are a great addition to any collection simply because they are so old and only becoming increasingly difficult to get ahold of.
When it comes to trying to determine a price for a given 1907 St. Gaudens $20 Gold Coin, there is no cut and dry way of doing so. Instead, you must first look at the type of coin you are buying. Since collectors care so much about condition, the condition of the coin will play a major role into the asking price. Below is a chart aimed at giving you a better idea of what you might be asked to pay for a St. Gaudens $20 Gold Coin.
St. Gaudens $20 Gold Coin
|1907 St. Gaudens $20 Gold Coin||N/A||N/A||$11,000||$12,000||Source: Red Book|