1932 $20 MS64 PCGS. CAC....

Description

1932 Saint-Gaudens Twenty, MS64 CAC
Final Collectible Double Eagle
Sought-After Series Key

1932 $20 MS64 PCGS. CAC. Only one example of the 1933 Saint-Gaudens double eagle is legal to own, making the 1932 the final collectible issue of the extremely popular series. Despite a substantial reported mintage of more than 1.1 million pieces, the 1932 double eagle is one of the most elusive issues of the entire series. In his standard series reference, Roger W. Burdette notes the actual mintage of 1932-dated double eagles was slightly smaller than the reported total of 1,101,750 pieces, because 43 defective coins were counted in the reported figure to balance the bullion accounts at the end of the fiscal year. These pieces were later removed, melted for recoinage, and replaced with 43 examples of the new 1933-dated double eagles. These replacement coins probably are the source of the small group of 1933 double eagles that have surfaced over the years, to confound Mint and Treasury officials ever since.

Burdette notes only 175 examples were held outside of vault storage and available to the public after the untested assay coins were returned. Sales records indicate 113 of those specimens were sold to individuals and museums, but a few more may have been paid out for bullion deposits or exchanged for other gold coins. All the coins held in government storage (1,101,500 pieces) were melted after the Gold Recall of 1933 took effect. The surviving population probably numbers about 95 examples, the great majority in high grade. In A Handbook of 20th Century Gold Coins, David Akers ranks the 1932 as the seventh-rarest coin of the 53-coin series.

The 1932 Saint-Gaudens double eagle was a well-produced issue and almost all survivors are in Mint State grades. The present coin is an attractive Choice specimen that exhibits the sharply detailed design elements expected of this issue. The well-preserved orange-gold surfaces radiate vibrant mint luster throughout and only the most minor signs of contact are evident under close inspection. Overall eye appeal is outstanding and the high quality within the grade is confirmed by CAC. Population: 33 in 64 (4 in 64+), 43 finer. CAC: 6 in 64, 7 finer (11/24).(Registry values: N7079)
From The Mississippi Collection of Double Eagles.

Coin Index Numbers: (NGC ID# 26GR, PCGS# 9194, Greysheet# 10154)

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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