1924 $20 MS67 PCGS. CAC....

Description

1924 Saint-Gaudens Twenty, MS67
Dazzling Cartwheel Luster
One Finer Coin at PCGS

1924 $20 MS67 PCGS. CAC. This is among the most often encountered of all Saint-Gaudens double eagles. The Mint struck 4.3 million twenty dollar gold pieces in 1924 despite holdings of nearly $119 million in gold coinage from previous years. The new coins must have been necessary for international payments. Burdette reports that $50 million in new double eagles were shipped out to the Federal Reserve Banks and New York Assay Office in 1924 for eventual export. Survival rates suggest the 1924 double eagles sat in European and Central and South American vaults, where they were left largely undisturbed. Representatives are widely available through MS66 and only become truly elusive in this remarkable grade. Cartwheel luster swirls over immaculately preserved, peach-gold surfaces. The relief elements show a near-full strike. Slight softness occurs at the lower-left obverse. Locating a more appropriate example for type purposes would prove exceedingly difficult. Population: 97 in 67 (2 in 67+), 1 finer. CAC: 27 in 67, 0 finer (9/16).
From The Cherny Collection.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26G7, PCGS# 9177, Greysheet# 10147)

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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