1923-D $20 Saint Gaudens NGC MS64 CAC

Out of stock

Add to Favorites

Description

Two major changes and two relatively minor changes were made to this design. The first major modification added the motto IN GOD WE TRUST to the reverse in 1908. The motto is seen just above the sun. The second major change took place in 1912 when New Mexico and Arizona became states, and two stars were added to the obverse, bringing the total to 48. The new stars were added at the lower right end of the arc pattern of stars. In 1908, minor modifications changed the number of eagle tail feathers from eight to nine, and the number of rays on the reverse was reduced from 34 to 33.

The addition of the motto to our coinage came at the urging of Reverend Mark R. Watkinson of Ridleyville, Pennsylvania. The uncertainties and horrors of the Civil War engendered strong religious feelings among the citizenry, and Rev. Watkinson felt this should be acknowledged. Secretary of the Treasury, Salmon P. Chase agreed, and using his discretion as to the inscriptions on our coins, Chase first had the motto added to the 2-cent piece in 1864. Originally the motto was intended to be expressed as “In God Our Trust”, but Chase’s collegiate alma mater may have influenced the final version. Secretary Chase was a graduate of Brown University, whose motto IN DEO SPERAMUS translates to “IN GOD WE HOPE”. It is believed that Chase had this in mind when he made the final decision as to the exact wording of the motto. The Coin Act of March 3, 1865 gave the Treasury discretionary power to place the motto “on all coins able to accommodate it”, meaning coins large enough to have room for it. The Mint took this to mean all silver coins larger than a dime, half eagles, eagles and double eagles. It was not until 1908 that Congress mandated that the motto be placed on gold and silver coins. In 1955 Congress passed legislation that required the motto to be placed on all coins.

Reviews

There are no reviews yet.

Be the first to review “1923-D $20 Saint Gaudens NGC MS64 CAC”

Your email address will not be published. Required fields are marked *

Prices Shown Subject to Change

The prices quoted are based on the current market price for this precious metal, which constantly fluctuates and is updated every few minutes. Bullion products are not subject to return or exchange, all sales are final.

Placing Your Order

Your price will be locked in for 5 minutes after you start the checkout process and you will be charged the price listed at the time you place your order and it is confirmed as paid. If your order was not confirmed as paid, it may need to be reviewed by our fraud team and your price will not be locked in until you speak with a Bullion & Collectibles Exchange account representative.

Market Conditions

To protect against the rare event of abnormally volatile market conditions, we reserve the right to deny pricing quoted on this website.