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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 6088

Starting price: 1 USD
Price realized: 24 000 USD
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Saint-Gaudens Double Eagles
1920-S $20 AU58 NGC. The 1920-S was one of the earliest Saint-Gaudens twenties to be impacted by the Gold Recall Act of 1933. 568,000 pieces were struck, but few coins ever left the storage vaults. It is thought that the only coins available to collectors are remnants of 543 pieces leftover from the Annual Assay Commission work and 144 pieces paid out by the San Francisco Mint Cashier soon after the coins were struck. We estimate no more than 200 pieces exist in all grades.
Among Saint-Gaudens double eagles, the 1920-S ranks only a notch behind the 1921 in overall rarity and the 1920-S is actually slightly rarer in AU58 and finer grades. A few light marks and a touch of wear account for the near-Mint grade of the current example. It is sharply struck with nearly full mint luster remaining on both sides. the surfaces are smooth with a satiny, wheat-gold patina and subtle olive-green highlights. The eye appeal is exceptional. Census: 15 in 58, 54 finer (10/16).
From The Renz Family Collection of $20 Gold Coins.
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