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Description

Extremely Scarce Mint State 1921 Saint-Gaudens Twenty

1921 $20 MS62 PCGS. If one were to examine mintage figures of Saint-Gaudens Double Eagles in the years prior to 1929, they would never suspect that the 1921 is one of the most challenging issues in the entire series. Federal records indicate that the Philadelphia Mint delivered 528,500 Double Eagles that year. We can only speculate at to what became of most of these coins, but it is likely that most were melted in the 1930s much like late-date branch mints and issues struck from 1929 forward.
In overall rarity, the 1921 compares favorably to the 1920-S, although the edge goes to the P-mint issue in higher grades. The emergence of coins from European hoards has only slightly increased the surviving population over the last few decades, with far fewer located from these sources than issues such as the 1924-D & S or the 1925-D & S. What's more, at least half of the survivors are located in circulated grades. This richly colored Mint State example is boldly defined with typical satin-like fields that show scattered abrasions primarily in the areas surrounding Liberty. An important bidding opportunity for either the Double Eagle or 20th century gold specialist. Population: 18 in 62, 10 finer (10/03).(#9172) (Registry values: P1, N47000)

Coin Index Numbers: (NGC ID# 26G2, PCGS# 9172, GSID# 10144)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 1.06oz
Mintage: 528,500


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.

View Certification Details from PCGS

Auction Info

Auction Dates
January, 2004
7th-10th Wednesday-Saturday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 936

Buyer's Premium per Lot:
15% of the successful bid per lot.

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