Thank you for contacting Mearto with your appraisal inquiry. Based on the photographs and description provided, the subject of this appraisal is a non-graded 1908 S with motto $20 Double Eagle Gold Coin.

The coin is estimated to be in About Uncirculated to Choice About Uncirculated condition as there appears to be evidence of friction on the design's high points.

According to the current owner, the piece was acquired via inheritance. In consideration of the factors noted, a Fair Market Value (pre-auction estimate) of this piece would be estimated at $5,000 to $7,500.