1920-S $20 MS64 PCGS. CAC. HA-2....

Description

1920-S Double Eagle, MS64
Key Saint-Gaudens Rarity

1920-S $20 MS64 PCGS. CAC. HA-2. Roger Burdette estimates in Saint-Gaudens Double Eagles that only 187 of the 1920-S double eagles were actually distributed from the 558,000-coin mintage, accounting for the rarity of this issue. That estimate closely aligns with the combined total NGC and PCGS population of 173 coins, including a certain number of resubmissions. The average certified grade of this issue is 59.7. Many of the surviving double eagles have the annual assay coins as their source in contemporary collections. Others were paid out at the cashier's window of the San Francisco Mint. Burdette analyzed a number of coins that appeared in recent auctions and concluded that the present variety is part of the group that was distributed at the Philadelphia Mint following the annual assay in February 1921.

Burdette mentions that several die varieties of the 1920-S double eagles exist, with two notable varieties individually described. This example is variety HA-2 that is typically better struck than HA-1. The stars at the lower left obverse are sharp, and the reverse rim is separated from the legend letters. The mintmark is well-positioned over the right edge of the 9 in the date, and is centered between two rays. A die crack from the R of LIBERTY passes through the T and Y to the branch. This Choice Mint State double eagle exhibits brilliant and frosty orange-gold luster with trivial, grade-consistent marks on each side. An exceptional example for the grade fully deserving its CAC approval. Population: 12 in 64 (1 in 64+), 6 finer. CAC: 3 in 64, 2 finer (12/19).
From The Kodiak Collection. (Registry values: N10218)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 1.06oz
Mintage: 558,000

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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