1908 $20 St. Gaudens Wells Fargo Hoard No Motto MS67
The “Wells Fargo Hoard” of 1908 “No Motto” $20 St. Gaudens gold coins is a special discovery of hidden gems, stored at a Nevada Wells Fargo Bank in original condition— “untouched” by human hands since 1917. Originally designated as World War I debt payment gold, these pristine coins are considered some of the finest examples of U.S. gold available to investors. In 1907, President Theodore Roosevelt commissioned the most famous sculptor of the day, Augustus Saint-Gaudens, to re-design U.S. gold coinage. The President thought it was inappropriate to have “In God We Trust” on coinage, and instructed Saint-Gaudens to remove the Motto. However, after the first release of gold to the public, the tremendous outcry from citizens across the USA cause an Act of Congress to restore the “In God We Trust” motto in the latter part of 1908.