1929 $20 MS61 NGC....

Description

1929 Double Eagle, MS61
Heavily Melted in the 1930s

1929 $20 MS61 NGC. The 1929 is among the late-date rarities of the Saint-Gaudens series, but it is more collectible than the coins date from the 1930s. According to recent research by Roger Burdette in his authoritative reference Saint-Gaudens Double Eagles, no 1929 twenties were distributed to the Federal Reserve Banks. Almost all of the nearly 1.8 million pieces struck remained in government vaults until destroyed in the 1930s. Through assays and the Mint Cashier, Burdette suggests that no more than 1,176 coins could have left the control of the Mint, and of those, only 350 pieces are believed to survive today.

This Mint State example displays vibrant original mint luster and rich straw-gold coloration. Well-struck devices add to the visual appeal. Scattered abrasions determine the grade, as expected.
From The Stockbridge Collection. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 26GL, PCGS# 9190, Greysheet# 10152)

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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