1930-S Twenty Dollar, MS63
1930-S $20 MS63 NGC. Among collectible business-strike
Saint-Gaudens double eagles, the 1930-S is the second-rarest issue
of the series, behind the ultra-rare 1927-D. Overshadowed by more
famous issues like the uncollectible 1933 and the proof 1907 Ultra
High Relief, the elusive nature of the 1930-S has been
underappreciated historically, outside of series specialists.
Fortunately, recent research has expanded our understanding of the
series and the importance of the 1930-S is becoming better known in
Rarely Seen Late-Date Issue
The rarity of the 1930-S is due to a combination of factors. First, the issue claims a mintage of just 74,000 pieces, an extremely low production total for any 20th century coin. The second, and even more important, factor is found in the distribution pattern of the 1930-S. By the late 1920s, gold coins were seldom seen in circulation, and the primary role of the double eagle was to serve as a currency reserve. The great majority of 1930-S double eagles was stored in large banks or Treasury vaults during this era. When President Franklin Roosevelt ordered the Gold Recall of 1933, almost the entire mintage was returned to government holdings and melted. Although examples of the 1930-S could be ordered from the Treasury Department for face value (plus shipping) until the summer of 1932, only a few collectors took advantage of this situation. Research conducted by Dr. Charles W. Green in the 1940s indicates only 3,250 examples of the 1930-S double eagle were released through official channels before the 1933 recall took effect. Many of the coins that were released were turned in by conscientious citizens during the recall, as the law required. Today, experts believe no more than 50 to 75 examples of the 1930-S survive, almost all in Mint State grades.
Thick mint luster is one characteristic seen on all 1930-S twenties, and that is what is seen on this piece. The surfaces exhibit even reddish-gold patina that lightens to lilac around the margins. The devices are well-struck (are any 1930-S twenties fully struck?), there is one quick pedigree identifier on the reverse: a copper alloy spot is located just above the beak of the eagle. Census: 5 in 63, 15 finer (6/20).
From The Collection of a Distinguished WW2 Veteran. (Registry values: N7079)
Coin Index Numbers: (NGC ID# 26GM, PCGS# 9191)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
View all of [The Collection of a Distinguished WW2 Veteran ]
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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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