1924 $20 MS67 PCGS. CAC....

Description

1924 Saint-Gaudens Twenty, MS67
Exceptional Type Coin

1924 $20 MS67 PCGS. CAC. The Philadelphia Mint struck a substantial mintage of 4.3 million Saint-Gaudens double eagles in 1924, all delivered between February and September of that year. Most of the coins were shipped to Federal Reserve Banks or the New York Assay Office and many were used to settle large accounts in foreign trade. Some may have been loaned to Germany, under the provisions of the Dawes Plan, and others were shipped to Argentina and Uruguay, to pay for wheat. Thus, many examples were safely held in foreign accounts and escaped the Gold Recall of 1933 and the subsequent melts that destroyed much of the gold coinage of this era. Roger W. Burdette estimates more than 1.2 million specimens have been repatriated from foreign holdings over the years, making the 1924 one of the most available issues of the series and a popular choice of type collectors.

Even at the MS67 grade level, the 1924 can only be called scarce, but finer coins are virtually unobtainable. This spectacular Superb Gem exhibits well-detailed design elements and impeccably preserved orange-gold surfaces, with vibrant mint luster on both sides. Eye appeal is terrific.
From The Joan Zieg Steinbrenner 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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