1920-S $10 MS63 NGC....

Description

Noteworthy Select 1920-S Eagle

1920-S $10 MS63 NGC. The mintage for the 1920-S Eagle is 126,500 pieces, only slightly less than that of its S-mint predecessor, the 1916-S. Yet the latter is common until attractive Mint State examples are required, while the 1920-S is a great rarity in all grades. The difference is due to distribution. Many 1916-S Tens were shipped to foreign vaults, while the 1920-S remained in Treasury vaults until FDR's 1933 gold recall condemned them to the smelter. A few 1920-S pieces escaped Treasury holdings, several of these were used in commerce because of the lingering hard money tradition of the west. The very rare Mint State examples were generally indifferently stored, since their numismatic significance would not be known for more than a generation. This lovely piece, however, has sweeping cartwheel luster and no relevant marks. The absence of a full strike on the obverse center is perhaps all that prevents a Choice designation. Population: 4 in 63, 2 finer (10/04).(#8881) (Registry values: N7079)

Coin Index Numbers: (NGC ID# 28H8, PCGS# 8881, GSID# 9774)

Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 126,500

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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