1920-S $20 MS62 PCGS....

Description

Attractive, Key 1920-S Saint-Gaudens Twenty, MS62

1920-S $20 MS62 PCGS. The 1920-S is one of the few Saint-Gaudens twenties that never turned up in Europe or South America over the last 50 years. Once in a while a circulated piece would emerge from the numismatic division of a European bank, but essentially the same 80 to 100 pieces that were around 60 years ago are all that are available to today's collectors. When one considers the tremendous increase in the collector base for this series over the same time period, there is only one conclusion one can come to: a huge increase prices for those coins.
Apparently there was an effort by banks to distribute the 1920-S into the channels of commerce. Of the 165 submission events for the 1920-S Saint, one-third are circulated. Among Uncirculated pieces, MS62 probably represents the best value for the grade with 35 coins certified.
As with most 1920-S twenties, the striking details are somewhat soft over the high points. What is notable, and unusual is how strong the Capitol building is, an area that is almost always found ill-defined. The mint luster is softly frosted, certainly not as strong as most S-mint twenties, but nevertheless bright and pronounced with the characteristic look of this issue. Each side shows numerous small abrasions that account for the MS62 grade, but none are individually noteworthy. Attractive, even, light reddish-golden covers each side of this rare, key issue in the Saint-Gaudens series.
(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26FZ, PCGS# 9171, Greysheet# 10175)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

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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