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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 6104

Starting price: 1 USD
Price realized: 30 724 USD
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Saint-Gaudens Double Eagles
1929 $20 MS64 PCGS. Ex: Park Avenue Collection. With a combined certified population of just over 300 coins and no significant foreign holdings having surfaced in the past several decades, the 1929 remains an elusive "melt rarity" and one of the key late-series issues. While some researchers believe as many as 1,750 pieces may exist, a recent review of Mint records indicate a maximum possible survivorship of 1,176 pieces, before any attrition. The rest of the 1929 double eagles (more than 1.6 million coins) were cast into .900 fine gold bars and sent to Fort Knox. One has to believe that no great hoards of the 1929 twenty remain to be found.
It is, however, the most-available date of the late-series twenties (1929-1933) when all grades are taken into consideration. In Gem and finer conditions, it is almost equally rare to the 1931, 1931-D, and 1932 issues. This lustrous and sharply struck near-Gem displays exceptional color with lilac, lemon-yellow, and rose-gold highlights. The surfaces are smooth and attractive. Population: 95 in 64 (14 in 64+), 33 finer (10/16).
From The Renz Family Collection of $20 Gold Coins.
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