"No motto" on a U.S. gold coin, primarily the 1907–1908 Saint-Gaudens $20 Double Eagle, signifies that the phrase "In God We Trust" is missing from the coin. President Theodore Roosevelt intentionally omitted it, believing it was irreverent to use God's name on circulating currency. These are highly sought-after, short-lived, and, in some cases, rare collector's items.
A lower relief version of Saint Gauden's design was put into play and became known as the "No Motto" type because of the omission of the motto "In God We Trust". This motto first appeared on regular-issue coins in 1864 (theTwo-Cent piece) and had been required by law to appear on every U.S. coin thereafter.
From its introduction in 1907 through most of 1908, this stunning gold piece did not carry the motto in god we trust (when added in late 1908, the motto remained on the coin throughout the series). Get this prized second-year-of-issue double eagle with no motto today!
All of today's coins and banknotes feature the motto In God We Trust but at one time, the motto was not included in the designs. During the Civil War 150 years ago, Congress mandated that In God We Trust had to appear on the nation's money.
While RBI doesn't allow lending against primary (bullion) gold and silver, loans against jewellery, ornaments and coins are allowed. This is because borrowing against bullion often attracts traders or speculators instead of consumers or businesses.
Coin Legacy & History: 1908 "No Motto" and 1928 Saint-Gaudens Gold Double Eagles
Can I sell my pledged gold?
Yes, you can sell your gold without your purchase bill. At White Gold, we offer an added bonus if you have the original bill of your gold. However, you have to go through a mandatory KYC process to sell your gold. What is the timeframe for releasing the pledged gold and getting paid?
What does it mean when a gold coin is uncertified?
During certification, numismatic experts will grade and assess the authenticity of your coins. On the other hand, uncertified coins lack formal authentication and grading. Their authenticity and grade rely solely on the expertise of the buyer or seller.
Not rare— common Philadelphia issue. Upwards of 99% of Philadelphia minted coins have no mint mark. No mint marks indicate it was minted in Philadelphia.
A motto is a slogan or favorite saying, like "When life hands you lemons, make lemonade." A motto is something you might see on a t-shirt or bumper sticker — a short sentence or phrase that has meaning for that person. Some mottoes have to do with politics, religion, or another belief.
One of the coins with the purest gold content is the special edition Canadian Gold Maple Leaf, which boasts a remarkable purity of 99.999%, often referred to as "five-nines" gold.
The short answer is sometimes. Certain coins without mint marks are extremely valuable, but it's essential to watch out for the coins that were altered or damaged by someone outside the mint. Here are several rare coins without mint marks that hold a much higher value than the original minted face value.
Answer – Look for the BIS triangle logo, a purity mark (like 916), assaying centre number, year of hallmarking, and the jeweller's unique ID mark on your gold jewellery. These 5 signs confirm it is BIS hallmarked.
Philadelphia never put mint marks on their coins until relatively recently, other than war nickels. All other mints put mint marks, but it was assumed, no mint marks equals Philadelphia. What makes a no mint marks coin an error is that it wasn't minted in Philadelphia and should have a mint marks.
It's a transitional mint error — struck on leftover copper planchets when the Mint had already switched to zinc. What is the value of a 1982-D Small Date Copper penny? Depending on grade, examples have sold for $10,000 to $25,000+ at major auctions.
There is no duty on gold coins, medals or bullion but these items must be declared to a U.S. Customs and Border Protection (CBP) Officer. Please note a FINCEN 105 form must be completed at the time of entry for monetary instruments over $10,000. This includes currency, ie. gold coins, valued over $10,000.
A "split before strike" will show design on both sides of the coin, have coarse to fine striations, and will usually be weakly struck. A "split after strike" will show a normal strike on one side, but will have a rough, design-free surface on the other side and will always weigh less than a normal planchet.
