Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254 26-28 Apr 2017
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Saint-Gaudens Double Eagles
1920-S $20 AU58 NGC. Despite an adequate mintage of 558,000 pieces, the 1920-S Saint-Gaudens double eagle is one of the most challenging issues of the series in today's market. The great majority of the substantial production total was never released into circulation, and few examples were used in overseas commerce. As a result, most of the coins were still being held in Treasury vaults or banks when President Roosevelt's Gold Recall took effect in 1933. Virtually the entire mintage of the 1920-S was rounded up and turned over to the government and later melted into gold bars for the Fort Knox Bullion Depository. The 1920-S was the first date in the Saint-Gaudens series to suffer this fate, but several later dates were also heavily melted.
This attractive near-Mint specimen shows just a trace of wear on the well-detailed design elements and the lightly abraded yellow and orange-gold surfaces retain most of their original mint luster. The overall presentation is readily appealing. Census: 15 in 58, 54 finer (1/17).
HID02901242017
1920-S $20 AU58 NGC. Despite an adequate mintage of 558,000 pieces, the 1920-S Saint-Gaudens double eagle is one of the most challenging issues of the series in today's market. The great majority of the substantial production total was never released into circulation, and few examples were used in overseas commerce. As a result, most of the coins were still being held in Treasury vaults or banks when President Roosevelt's Gold Recall took effect in 1933. Virtually the entire mintage of the 1920-S was rounded up and turned over to the government and later melted into gold bars for the Fort Knox Bullion Depository. The 1920-S was the first date in the Saint-Gaudens series to suffer this fate, but several later dates were also heavily melted.
This attractive near-Mint specimen shows just a trace of wear on the well-detailed design elements and the lightly abraded yellow and orange-gold surfaces retain most of their original mint luster. The overall presentation is readily appealing. Census: 15 in 58, 54 finer (1/17).
HID02901242017