1908 $20 Saint Gaudens Double Eagle, No Motto NGC MS68 Ex. Wells Fargo Hoard

Top pop of Wells Fargo Hoard at NGC!

Would you like to own a stunning coin in a superior grade that also has a great backstory? Well, then look no more. AU Capital Management has your coin!

NGC has graded 144 of the Wells Fargo Hoard of 1908 No Motto Saints as MS68—with none finer! Collectors Universe prices this issue at $27,500.00 in MS68.

It was in 1996 that the population of the 1908 Saint-Gaudens No Motto double eagles dramatically increased. An enormous hoard of those coins had been traded in Europe as an international payment back in 1917. After surviving and avoiding the notorious Gold Surrender of 1933, they remained intact until the 1960s. By that time their original mint bags had disintegrated, and the coins were then carefully placed in fresh, new bags and sealed.

Mud Wagon --  Wells Fargo U.S. Mail service. Photo: Wikimedia Commons.

They were stored until 1996, when dealer Ron Gillio was given the opportunity to purchase the entire hoard. He was astounded by the quality of the coins. After Gillio purchased them, he had them stored in a Wells Fargo bank in Las Vegas before arranging for all of them to be graded the following year. However, these were no ordinary pieces. They were of incredibly high quality and Jeff Garrett writes, "There were 19,900 pieces and most were Choice to Gem in condition." PCGS graded the majority of those coins. However, 5,522 of those coins from the Wells Fargo Hoard, including this offering from AUCM, were graded by NGC.