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In the course of his presidency, President Theodore Roosevelt frequented a renowned exhibition of historic coins with the Smithsonian and what he noticed encouraged him to market a brand new era of coins for The united states, coins that would reflect the grandeur and greatness on the country.

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Early design for the reverse in the double eagle, exhibiting the day in Roman numerals On January two, 1906, Saint-Gaudens wrote to Shaw, enquiring no matter whether a high relief was functional on coins struck within the Mint. Shaw didn't instantly reply, but alternatively achieved with Roosevelt, who wrote that there was no objection to have the coins, many of which would be stored in bank vaults and never circulated, "as artistic since the Greeks could motivation".[eleven] Roosevelt secured Shaw's aid for that redesign, While as being the President wrote to Saint-Gaudens, "obviously he thinks I'm a crack-brained lunatic on the subject".

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The coin was submitted by GreatCollections Coin Auctions (), on the list of world’s major auction homes for Qualified unusual coins and banknotes.

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Even though the beasts are highlighted to the coins' reverse, the obverse showcases the fifth portrait of Her Majesty to grace British coinage during her historically extended reign.