A notable piece of American coinage, this specific type of currency is characterized by its high gold content and its design, created by the renowned sculptor Augustus Saint-Gaudens. Minted from 1907 to 1933, it represents a significant era in United States monetary history. Examples of this particular denomination often exhibit intricate detail and serve as valuable collectibles, appreciated by numismatists and investors alike.
Its significance lies in its artistic merit and its role as a store of value. The design, commissioned by President Theodore Roosevelt, aimed to elevate the aesthetic quality of American currency. Furthermore, due to its gold content, these pieces hold intrinsic value that often surpasses their face value, making them attractive investments and a tangible representation of wealth. The period of their production coincided with a time of economic and artistic flourishing in the United States, adding to their historical importance.