There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Lot
4724

1920-S $20 MS63 PCGS....

2011 February Long Beach Signature US Coin Auction #1152

 
Sold for: Not Sold
Auction Ended On: Feb 4, 2011
Item Activity: 9 Internet/mail/phone bidders
3,770 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

Select 1920-S Double Eagle
Prime Condition and Absolute Rarity
Only 16 Coins Certified Finer at PCGS
1920-S $20 MS63 PCGS. The 1920-S Saint-Gaudens double eagle is one of the premier rarities in the series, especially in high grade. David Akers considers the '20-S the fifth rarest coin of the 53 coin series in absolute terms, after the 1921, 1927-D, 1930-S, and the currently uncollectible 1933. The 1920-S holds an even higher place in the rarity rankings when collectors seek a high quality piece. Excluding the "impossible" 1933, only the 1921 is more difficult to locate in high grades. Experts estimate only 65-75 coins survive in all Mint State grades.
The double eagle denomination actually circulated to some extent in the western United States before World War I, but coinage of twenty dollar gold pieces was discontinued after 1916, when the country entered the war. When coinage was finally resumed in 1920, the role of the double eagle had changed. The public had become accustomed to paper money, and the big gold pieces no longer circulated in the regional economy, much like the half dollar denomination today. Most of the double eagles minted after 1920 were held in Treasury vaults or domestic banks as backing for gold certificates, or used in foreign trade. These coins were easily rounded up and melted after the Gold Recall of 1933. Almost the entire mintage of the 1920-S, 558,000 pieces, was destroyed in this manner. While many dates in the later Saint-Gaudens series suffered the same fate, the 1920-S is the first date to experience this kind of rarity, due to melting.
The present coin is a sharply detailed Select specimen, with just the slightest touch of softness on the Capitol building. The surfaces display rich orange-gold color, with green highlights, and vibrant, frosty mint luster. A few minor abrasions on both sides account for the grade, but do little to diminish the considerable visual appeal. Population: 11 in 63, 16 finer (1/11).(Registry values: N10218) (NGC ID# 26FZ, PCGS# 9171)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

Order Now! Just $95

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
908,032
bidder-members
$974,940,578
sold in the last year
VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 
CONSIGNMENTS WANTED
Only 18 days left to consign to the 2015 January 28 - February 2 Long Beach Expo US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
Everyone was raving about the way it got the word out as well as how it generated so many pre-bids.
Craig,
Tustin, CA
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York
2014 November 14 - 15 Selections from the Eric P. Newman Collection Part V US Coins Signature Auction - New York
REALIZED $10,408,819
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
2014 September 3 - 10 Long Beach Expo World Coins Signature Auction - Long Beach
REALIZED $9,040,554
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
2014 September 4 - 8 Long Beach Expo World Currency Signature Auction - Long Beach
REALIZED $1,817,724