LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

3809

1920-S $20 MS61 PCGS. The 1920-S is one of the keys to

Currency:USD Category:Coins & Paper Money / US Coins Start Price:55,000.00 USD Estimated At:1.00 - 2.00 USD
1920-S $20 MS61 PCGS. The 1920-S is one of the keys to
<B>1920-S $20 MS61 PCGS.</B></I> The 1920-S is one of the keys to the series of Saint-Gaudens twenties, and it is a prized find in any grade. A previous estimate by Breen (1988) of "Probably 8-12 survive" is woefully inadequate; nevertheless, most collectors have never seen, much less owned a 1920-S. A more realistic estimate is somewhere around 55-60 examples are extant today in the various grades of Uncirculated. This estimate underscores the unavailability of this issue from the usual hoards from Europe or South America. Apparently the 1920-S was struck, a number were released into circulation, most were set aside in government vaults, apparently none were exported, and what was not distributed or sold in the early 1920s appears to have been melted in the mid-1930s.<BR> This is an attractive example, especially for the grade. Numerous small to mid-sized abrasions seem to be the primary deterrent to a higher grade. The surfaces display pleasing, although somewhat muted mint frost. Both sides also possess rich reddish-golden coloration--a deeper hue than the often-seen orange-gold color, and certainly different from the green-gold pieces that are known. The strike on this coin is somewhat atypical, as the Capitol building, Liberty's toes, and the breast feathers on the eagle are all strongly defined. Only the nose of Liberty shows any weakness.<BR> This coin represents the opportunity for the collector of Saint-Gaudens twenties to acquire this key issue in solid Uncirculated condition.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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