Lot 4829
1908 $20 St. Gaudens. No motto. PCGS graded MS-64 PQ. Lovely original golden toning. Old green holder (PCGS # 9142) .
In 1908: The Model T made its debut in 1908 with a purchase price of $825.00. Over ten thousand were sold in its first year, establishing a new record. That puts the original price at 41.25 ounces of gold for one of the most famous cars in American (indeed, world) history. Forty-one of these 1908 $20 gold pieces. (Today, at $900 an ounce, the same weight in gold would equal $37,125 -- a good way of measuring the relative buying power of "hard" money then and now.).
Estimated Value $1,200 - 1,250.
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| Realized $1,323 |
