1929 $20 MS64 PCGS....

Description

Favored Near-Gem 1929 Double Eagle

1929 $20 MS64 PCGS. Few coins have been subject to such wildly differing opinions on its rarity as the 1929 double eagle. Historically, the 1929 has been classed with other melt rarities, but in the 2004 edition of A Guide Book of Double Eagle Gold Coins, Q. David Bowers described the 1929 twenty as having a "changing rarity in modern times." He sounded the call for numismatists to reevaluate the date, claiming the 1929 double eagle was:

"A very scarce issue that a few years ago was considered to be a major rarity. However, many hundreds of coins now have sneaked into the market, without fanfare, and now nearly 1,000 have been certified--and, of course, many coins have not been. For the first time in modern numismatic history the 1929 is readily available and somewhat affordable (but hardly inexpensive)."

While it is difficult to ascertain exactly what proportion of certified-to-uncertified coins exists for the issue, his assertions about the certified population have proven incorrect. As of (6/10), there are just over 300 examples of the date in the combined certified population--a far cry from the figure given six years before, and even the smaller figure does not account for resubmissions.
In addition, while a major numismatic auction may feature multiple representatives of the date, collectors recognize ownership of an example as the mark of a sophisticated collector. This near-Gem offers stylish eye appeal, including lustrous yellow-gold surfaces that turn orange when tilted to the light. A handful of ticks are noted on the peripheral reverse, but the obverse is clean aside from a single blemish at Liberty's midsection.(Registry values: N7079)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 1,779,750

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