1932 $20 MS66 NGC....

Description

Phenomenal MS66 1932 Twenty Dollar

1932 $20 MS66 NGC. The 1932 is a popular coin with collectors as it is the last collectible date in the Saint-Gaudens series (except, of course, for the single legal-to-own 1933). The 1932 should be abundant if one were to judge by mintage figures alone. But this issue underscores the unreliability of mintage figures for this series as 1,101,750 pieces were struck; however, in all grades it is estimated that today only 115 coins are known. Almost all 1932 twenties are in mint condition as the coins had virtually no time to circulate before the Gold Recall Act of 1933.
The average grade for the 1932 twenty is 64.4, placing this piece considerably above the median grade. In fact, only 21 pieces have been certified MS64 when one combines the two major grading services (seven at PCGS and 14 by NGC), and none are finer (6/08). The 1932 is roughly equivalent in overall rarity and high grade rarity to the 1931. This particular piece has extraordinary luster characteristics and color. The color palette for 1932 twenties is wide ranging and can include medium to rich yellow or green-gold to light and medium orange and green-gold. This piece is atypical in that regard. The green-gold base color of the coin is accented by subtle pink overtones. The striking details are strongly brought up on each side and the only pedigree identifier is a shallow luster scrape (that gives the coin a different color in this area) located near the rim at 3 o'clock on the obverse. Just a phenomenal example and more colorful than the Morse coin that we sold in November 2005.
From The Pierson MacDonald Grieve Collection.(Registry values: N10218)

Coin Index Numbers: (NGC ID# 26GR, PCGS# 9194, GSID# 10154)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 1,101,750

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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