1931-D Saint-Gaudens Twenty, MS64
1931-D $20 MS64 PCGS. CAC. Ex: Calvin Collection. In 1931,
amid the Great Depression, the Philadelphia Mint struck a
substantial number of double eagles, primarily intended for export,
with the Denver Mint producing only 106,500 pieces. It appears that
few were actually shipped overseas as no substantial hoards have
been found in Europe. Most of the year's double eagle gold coins
never left Treasury or bank vaults and were ultimately melted. Both
the 1931 double eagle and the 1931-D were victims of Franklin
Delano Roosevelt's Presidential Executive Order 6102, The Gold
Confiscation Act of April 5, 1933, calling for holders of
significant quantities of gold to sell their coins at the
prevailing price of $20.67 per ounce. Cents, nickels, and dimes
were the only other denominations minted during the year,
reflecting a need for small change, but no demand for
One of the Keys to the Series
Only an estimated 100 or so examples survive today, making this issue a classic rarity. Fortunately, the majority are well-preserved and attractive.
A delicate blend of medium peach-gold color with greenish-gold highlights bathes the radiantly lustrous surfaces of this gorgeous near-Gem twenty dollar. The design elements exhibit a strong degree of design detail, including sharp definition on Liberty's head, branch-hand fingers, and toes, the Capitol building, and the eagle's feathers. The presence of a few minuscule marks prevents Gem classification. Population: 33 in 64, 20 finer (11/13).
Ex: FUN Signature (Heritage, 1/2009), lot 4199, which realized $80,557.50.(Registry values: N7079) (NGC ID# 26GP, PCGS# 9193)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
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Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers
The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two 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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