As a solution, he contacted the man who created his 1905 Inauguration Medal that he truly adored – Augustus Saint-Gaudens. He asked for his aid to create a new design for United States coins. The aged sculptor agreed for a price of $5000 to craft the coins similar to the Greek design that Roosevelt truly admired.

Sadly, the old and skillful sculptor passed away because of cancer before he could even complete his project. However, he was able to finish his majestic Double Eagle coin, which came to be known as the Saint Gaudens Double Eagle. Up until today, many consider this to be the most famous among Saint-Gaudens’ works of art…and it’s not really surprising why.

Looking at the obverse side of the coin, you can find Lady Liberty’s image striding towards the viewer into a dawn of a new day. On her right hand, you can find a torch. On the left hand, you can find an olive branch. On the same side of the coin, you can find the Capitol Building to the lower left. On the obverse’s top, you can see the word LIBERTY. Around the border, you can also find 46 stars that represent States in 1907.

The reverse side of the coin is equally majestic! It shows an American Eagle flying above the sun’s rays…and the words UNITED STATES OF AMERICA TWENTY DOLLARS is found arcing across the top of the coin’s reverse.

When Roosevelt laid his eyes on the Double Eagle, he knew it would a coin that would be admired for ages…and he was right!

Just how much gold came out of it? Just to give you an idea, the amount of gold that the gold diggers have amassed gave them unprecedented power as well as influence – they were able to push a legislation that allowed minting of these new gold coin denominations.

The Liberty Head Double Eagle was designed by James B. Longacre – the same man who designed the Liberty Head Gold Coin, the Indian Princess Head Gold Coin, as well as the Indian Head One-Cent.

On the obverse of the Liberty Head Double Eagle, you can find the right-facing image of Lady Liberty with her head filled with thick and tight curls that are adorned with the LIBERTY head band. The bust, additionally, is surrounded by stars and the date when it was minted or struck is found right below the bust.

On the reverse side of the Liberty Head Double Eagle, you can find the majestically-posed eagle with the United States Shield located on its chest. Along with that, it is flanked by 2 ornate banners that reads – E PLURIBUS UNUM. Right above the eagle, you can find a eclipse of stars and rays that emanate out from the eagle’s wings.

This majestic Liberty Head Double Eagle coin was struck in 5 different mints – in Philadelphia where it was produced from 1849 until 1907, at New Orleans where it was minted during 1850, at San Francisco where it was minted from 1854-1907, Carson City from 1870 until 1893, and last but not the least, at Denver from 1906 until 1907.

It was President Roosevelt who insisted with the production of this coin. Apparently, he hated the current design on his Inaugural Medal which was designed by Charles E. Barber along with George T. Morgan. Not only that, he also disliked the coins created the same Engravers and Designers during the time.

As a solution, President Roosevelt enlisted the help of the aging but skillfull sculptor – Augustus Saint-Gaudens to come up with the new design for US coins. The gentleman, however, was too busy…so busy that he only had time to sketch his ideas on a napkin paper while taking a trip from Washington through a train.

To do the actual work, Saint-Gaudens requested the help of his associate – Adolf A. Weinman, who has been well-known for his work on the Mercury Dime as well as the Walking Liberty Half Dollar. The design of the Indian Head Eagle was altered many times until it settled with one that turned out to be the most appealing – it features Lady Liberty wearing an Indian feather headdress. There are reports saying that this picture of Lady Liberty was drawn from a figure of Nike or Victory from the General Sherman monument – which is found standing in New York Central park.

It was only after more alterations to the design (due to minting problems) that the Indian Head Eagle was finally released to the public. Less than 240,000 of these coins were put into circulation during the fall of 1907. The last design of the Indian Head Eagle was used until 1908.

Later on, however, this wreath was removed…and the eagle was instead portrayed with the well-known heraldic shield located on its chest. The very first Liberty Head eagle coins were undervalued in relation to their worth in gold. That explains why the production of these coins were halted in 1804. Here are the 3 basic designs of the Liberty Head Eagle in a nutshell -

- First, we have the Old Style Head, which lasted from 1838-1839

- Second on the list is New Style Head without the motto which lasted from 1839-1866

- Last, the New Style Head with motto, which was in circulation from 1866-1907

However, when 1838 came – the Liberty Head Eagle was reintroduced. This time, however, it features a portrait of Lady Liberty wearing a coronet coupled with a realistic image of an eagle which has a heraldic shield on the reverse side of the coin. This design of the Liberty Head Eagle has been the standard until 1908.

When 1908 came, however, Pres. Roosevelt, with the help of St. Gaudens, created a new design for coins. And this time, it features Lady Liberty wearing an Indian War Bonnet, which is common among Native Americans. In conjunction with this, an eagle is found on the reverse of the coin with its wings closed.

That’s a lot of ups and downs for a single type of coin and denomination if you would ask me.Ultimately, the production of the Liberty Head Eagle came to a full-stop when the year 1933 came.