:hail:yaaaaa:hail: 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. A price has not yet been set for the coin, and it will depend on prevailing gold prices at the time coins go on sale. Time and location for $20 Double Eagle unveiling The 2009 Ultra High Relief Double Eagle gold coin exhibit will remain on display throughout the week at the United States Mint booth on the bourse floor at the World’s Fair of Money. The following time, location and information was provided by the Mint for its initial official unveiling:
To me it very much is the prettiest Amsrican coin , so detailed it looks more like a piece of art . rzage
They will sell for whatever the price of gold is at the time they are minted plus a premium. People that buy gold from the Mint can give you a better idea of exactly how much that premium will be than I can. The thing that gets me is "mintage will be unlimited" which means that they will be collectors items and move briskly for a while when they first come out, and then will most likely become a bullion item once people realize how many were struck.
Yep. Since it's unlimited, it will be more than enough to satisfy collector demand. There's no reason to believe these will ever appreciate with a collector's premium... bullion only.
