- Posted in: Numismatics (Rare Coins)
With a history more rich and vibrant than any other coin in American numismatics: the 2009 Ultra High Relief Double Eagle makes the vision of its creators come true almost a century after the design was first dreamed up. Comprised of 1 troy ounce of 24-karat gold, the High Relief Gold Double Eagle is a high quality coin that achieves the desired features thanks to advancements in our minting technology.
Graded by the Numismatic Guarantee Corporation as a perfect MS70, the 2009 Ultra High Relief Gold Double Eagle has the added distinction of appearing in the Congressman Mike Castle Signature Label. An advocate and contributor to numismatics, the signature series promises to be a fantastic collector’s item.
History of the Design
Originally commissioned by President Theodore Roosevelt in 1905, the High Relief design was created by his friend, and world famous sculptor Augustus Saint-Gaudens. Known as the “renaissance” of American coinage, the period of change within the American monetary system was sparked by President Roosevelt’s desire to see our currency rise above the archaic design of the past so that they compete with other countries on the world stage.
Out of the collaboration between President and artist rose what has been deemed the most beautiful coin minted by the U.S.: the Saint-Gaudens Double Eagle. Unfortunately, minting capabilities were not where the are today, and the original High Relief design could not be manufactured for the public, after several revisions, the Double Eagle was released in a much more manageable relief and was minted from 1908 until 1933.
Congressman Mike Castle and His Impact on Numismatics
The longest serving Congressman in Delaware’s history, and an avid representative of the state whose career in public service started in 1967; Mike Castle was the driving force for some of our most recognizable modern commemoratives, and the voice of Numismatics in government.
When first approached by coin collectors with the idea of 50 state quarter program, Castle was not interested; but upon a second meeting Castle saw the potential in the series. The seigniorage, or the profit of the potential new coinage, was an added bonus for the quarter program.
The States Quarter program had a transformational effect on US coinage and collecting. Castle could delight in its financial success: in total, the program generated $6.3 billion in seigniorage, and $470.1 million in numismatic sales. The response from the public, however, was more significant and has proven longer lasting. In 1999, surveys conducted suggested that 77% of Americans knew about the coinage program and 48% were saving coins. A US Mint survey conducted in May 2005 showed that 147 million Americans were collecting States Quarters.
Throughout his tenure, Castle routinely praised circulating coins and commemoratives for their ability to “incite an interest in our nation’s history…and serve as an educational tool in our classrooms.”
REP. MIKE CASTLE, COINAGE CONGRESSMAN
BY MICHAEL “MILES” STANDISH
Uniting a numismatic ally, and the iconic Double Eagle design: the 2009 Ultra High Relief Double Eagle would be a fantastic item to add to any coin collection or investment. If you’d like to learn more about this remarkable coin, please contact a GMRgold precious metals investment expert at 877-795-9585.