1920 $20 MS64+ PCGS. CAC....

Description

1920 Saint-Gaudens Double Eagle, MS64+
Underrated Condition Rarity in Finer Grades

1920 $20 MS64+ PCGS. CAC. Ex: Fox: A small mintage of 228,250 Saint-Gaudens double eagles was accomplished at the Philadelphia Mint in 1920, the first time double eagles were struck at any mint since 1916. The coins were initially held as currency reserves and not released for commercial use until 1926. It is likely that some of the mintage was sent to Federal Reserve Banks for distribution at that time, while some of the production may have been sent to Germany under the provisions of the Dawes Plan. The 1920 is a plentiful issue in all grades up to the MS64 level today, but Plus-graded examples are scarce, and finer coins are virtually unobtainable.

This Plus-graded Choice specimen offers well-detailed design elements and well-preserved yellow and rose-gold surfaces that show only minor signs of contact. Vibrant mint luster adds to the outstanding eye appeal, as attested by the CAC sticker. The 1920 is an underrated issue at this level and this coin should be a Registry Set contender. Population: 92 in 64+, 2 finer. CAC: 80 in 64, 0 finer (2/20).

David Akers (2012) Comments:
The 1920 is the ultimate standard by which we judge a coin to be a "condition rarity," at least among the issues of the Saint-Gaudens double eagle series. As a date, the 1920 is not even remotely close to being rare. Thousands exist, nearly all of them in AU or uncirculated condition. Even choice and very choice uncirculated examples exist in rather large quantities and can easily be obtained at almost any time. Above the MS64 grade level, however, there is virtually nothing ... The 1920 is perhaps the most underrated of all Saint-Gaudens double eagles in gem condition.
From The Rollo Fox Collection of $20 Saint-Gaudens Gold, Part II. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 26FY, PCGS# 9170, Greysheet# 10143)

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.

View all of [The Rollo Fox Collection of $20 Saint-Gaudens Gold, Part II ]

View Certification Details from PCGS