LOT Old Heritage Auctions  /  2008 April Rosemont, IL (CSNS) US Coin #1104  / 

2490

1920-S $10 MS64 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:175,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1920-S $10 MS64 PCGS
<B>1920-S $10 MS64 PCGS.</B></I> After a three-year hiatus since 1916, the San Francisco Mint again struck gold eagles in 1920. With a production totaling only 126,500 coins, the 1920-S eagles are the third lowest mintage of the entire series, behind only the legendary 1933 and the 1907 Rolled Edge coins that bookend the series. As such, the 1920-S is today an issue that is in great demand, but seldom offered in high grade. Garrett and Guth write that<BR>most examples entered circulation unnoticed soon after the time of issue. In post-World War I Europe, the few remaining banks were in disarray and had neither the time nor the credit to hoard additional coins. Survival of the 1920-S coins was, accordingly, strictly a matter of chance, and a slim, as it turned out afterward.<BR> The current combined NGC/PCGS population data reveal just how elusive this issue is in Mint State: a total of 52 coins (less duplications, as always) have been certified in all Mint State grades, the overwhelming preponderance of those in MS63 or below. In MS64, the grade of the present example, both services combined have graded eight coins, with another eight pieces finer (3/08). Eliminating duplications and crossovers, it is likely that as few as only a dozen separate coins grade MS64 or finer.<BR><I> </B></I>Both sides of this dazzling coin gravitate toward the orange-gold end of the color spectrum, although a hint of greenish-gold appears in the field behind the Indian's headdress and in other protected areas. In addition to its extreme aesthetic beauty, this piece is made more interesting by the presence of a star-shaped, mint-made impression in the reverse field under the motto, likely due to contact with a raised edge star from among another example soon after striking. Population: 5 in 64, 4 finer (3/08).<BR><BR><B>Coin Engraver:</B> Augustus Saint-Gaudens<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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