The Saint Gaudens gold coins first came into being in 1906. The then president of the United States, Theodore Roosevelt, had his friend and famed sculptor, Augustus Saint-Gaudens, redesign the countries monetary coinage to show the classical design of the ancient Greeks, which was the birthplace of modern day democracy. Although Augustus Saint-Gaudens was in failing health at the time, he arose to the challenge and offered up several designs for the coins to Roosevelt.

Roosevelt then chose the "High Relief" aspect, and this coin soon become the most well known and loved gold coin to ever be struck by any country in history. The obverse side of the coin was struck to show Lady Liberty striving to bring justice far into the future, while the reverse side shows the ever elegant Flying Eagle. The relief of these coins was struck in an unusual way being that the base became extremely concave and gave the impression that the relief was sitting higher than it should be.

The first set of coins struck was a mere 24 in number. These proofs required an amazing 9 strikes to produce the relief, and were cast between March and April of 1907. Augustus Saint-Gaudens passed away in August 1907 without having the ability to see his wonderful coins pressed into circulation and become the world's most renowned gold coin and striking procedure.

After November 1907, these fascinating coins began to be produced on a large scale to enter regular circulation. At this time just over eleven thousands of these coins were struck, which was an issue for the times due to the fact that each coin ended up having to be struck 5 times in order to get the same relief style. The bankers were not pleased with these coins, as when they were put into a "Bankers Stack" of twenty coins, they would wobble and fall over. Because of this, they were redesigned into a flat relief and soon passed into mass production. The original raised relief coins soon became favorites of coin collectors and the prices for these rare 1907 coins rose like a tidal wave crashing onto the shore.