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Lot
3924

1927-S $20 -- Cleaning -- PCGS Genuine. AU Details....

2013 December 5 - 8 US Coins Signature Auction - Houston #1192

 
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Auction Ended On: Dec 5, 2013
Item Activity: 7 Internet/mail/phone bidders
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Location: George R. Brown Convention Center
1001 Avenida de las Americas
Houston, TX 77010

Description:
Rare 1927-S Twenty Dollar
AU Sharpness
1927-S $20 -- Cleaning -- PCGS Genuine. AU Details. Despite a prodigious mintage of more than 3 million pieces, the 1927-S is rare today. It appears that most were held by the Treasury as reserves backing gold certificates, then melted following Franklin D. Roosevelt's 1933 gold recall. Many survivors were likely paid out at the Treasury counter to importers whose foreign customers demanded bullion payment. This example has has olive-green centers and broad peach-gold margins. Luster is prevalent but the eagle's breast has light wear. Wispy field hairlines emerge when held at extreme angles.(Registry values: N4719) (NGC ID# 26GJ, PCGS# 9188)

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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.

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