1929 $20

Description

1929 Double Eagle, A Well Known Rarity

1929 $20 MS 61 PCGS. Although not as rare as the following five issues, the 1929 ranks as one of the well known "stoppers" in the Saint-Gaudens double eagle series. Since NGC and PCGS have graded few 1929 double eagles below the BU threshold, it seems likely that this issue never saw widespread circulation. Instead, most examples were stored by the federal government, only to be melted in the 1930s. This fully frosted example displays swirling cartwheel effects and deep green-gold color. Warmer orange patina is also noted throughout, but the grade-defining abrasions are largely confined to the obverse. Every feature displays crisp striking definition.
From the David & Jeannie Cheung Collection.

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.

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