1920-S $20 AU58 PCGS....

Description

Coveted Near-Mint 1920-S Double Eagle

1920-S $20 AU58 PCGS. Unlike a number of earlier S-mint double eagle issues, the 1920-S did not feature prominently in international commerce. With the American economy in recession and European banking scarcely on the mend from the Great War, there was little demand for the pieces, either at home or abroad. Garrett and Guth (2006) hail the issue as "one of the most significant rarities" among Saint-Gaudens double eagles, adding that "the few that remain are apparently simply here by chance."
The AU58 piece offered here is one of the fortunate survivors. The devices are well struck overall, though Liberty's toes and the rock show a degree of softness, a typical aspect for the issue. The lustrous, lightly abraded surfaces are sun-gold with elements of wheat in the fields. Overall, the visual appeal is strong, and only a touch of friction on the highpoints keeps this desirable piece from a Mint State designation. Population: 16 in 58, 48 finer (11/07).
From The Chicago Collection of Saints.(Registry values: N4719)

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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