1927-S $20 MS63 PCGS....

Description

Lustrous 1927-S Double Eagle, MS63
An Absolute Rarity in the Series

1927-S $20 MS63 PCGS. As numismatists grow in their collecting interests and their budgets for coin purchases also increase, it is natural that many of them sooner or later turn to the Saint-Gaudens twenty dollar gold pieces. They are our nation's largest classic circulating gold denomination. They also bear the unmistakable imprimatur of "the Saint," likely the most gifted artist ever to design a U.S. coin. Even though Saint-Gaudens' original concept for this gold denomination was tempered both through practicality and jealousy, the resulting business strike Saint-Gaudens twenties retain much of the original appeal of his grand vision for coinage in the style of the high-relief coinage of the ancient Greeks.
But these coins possess another intrinsic quality that furthers their appeal, as they combine classic beauty with classic rarity. President Franklin D. Roosevelt's Gold Recall of 1933 resulted in the melting of many millions of examples, and today the posted mintage figures bear no relation whatsoever to their current rarity.
The 1927-S is a popular issue in its own right and because it is a sibling to the 1927-D, the rarest mintmarked Saint-Gaudens issue that is still obtainable at some price. Although the 1927-S was produced to the extent of more than 3.1 million pieces, research by pioneering 1940s collector Dr. Charles W. Green revealed that the San Francisco Mint had released only 3,750 examples of the 1927-S by the time of the Gold Recall, explaining its absolute rarity in all grades today. PCGS' CoinFacts website estimates that 225 examples of the 1927-S exist in all grades today, with about two-thirds of those in Mint State. We believe but cannot prove that that estimate is a bit on the high side, and that the upper limit is 190 or 200 coins in all grades.
The present Select Mint Mint State example boasts the usual terrific, frosted mint luster that the issue is well-known for. The strike is good, although some softness appears on Liberty's nose and some of the eagle's breast feathers. Numerous small abrasions scattered over each side help account for the grade. A small planchet void resembles a tiny hole in Liberty's forehead. This is a nonetheless remarkably attractive coin, with splendid luster its chief calling card. Population: 23 in 63, 12 finer (4/10).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26GJ, PCGS# 9188, GSID# 10185)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 3,107,000

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.

View Certification Details from PCGS