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1929 $20 MS63 PCGS....
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Description
1929 Twenty Dollar, MS63
Late-Series Key, Scarce in All Grades
1929 $20 MS63 PCGS. Recent research by Roger Burdette in the
reference work Saint-Gaudens Double Eagles, suggests that
about 350 1929 double eagles survive. Most of the nearly 1.8
million-coin mintage never left Mint custody and was melted down in
the 1930s. Burdette records the transfer of 1,000 coins to the
Treasury, which were one source of coins paid out to individually
collectors and other requestors. Some coins were also released
through the Philadelphia Mint Cashier.As with the other late-series Saints, the 1929 was not recognized as a rarity until the Gold Recall of 1933, when collectors realized how few coins had escaped the Mint. Most survivors are in Mint State, as the issue never circulated to a meaningful extent, and the typical grades of coins offered at auction are MS63 and MS64. Although finer pieces exist for the patient and well-heeled collector, attractive mid-level pieces are ideal for most collecting purposes. The present coin, housed in a green label MS63 holder, is much more eye-appealing than the grade suggests. Frosty, luminous butter-gold surfaces yield bold design elements and remarkably few abrasions, particularly on the obverse, where the fields are virtually flawless and little contact is visible on the high points of Liberty's figure.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 26GL, PCGS# 9190)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
Auction Info
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Revised Edition by Roger Burdette, and edited by James L. Halperin and Mark Van Winkle
Saint-Gaudens Double Eagles is an issue-by-issue examination of this artistically inspired series of gold coins.
Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published.
The book is based on two extraordinary collections: The Phillip H. Morse Collection and the Dr. and Mrs. Steven L. Duckor Collection.
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