LOT Heritage Rare Coin Galleries  /  2007 Long Beach, CA Sig. Coin Auction #430  / 

5229

1920-S $20 MS63 PCGS. This is a sharply struck and hig

Currency:USD Category:Coins & Paper Money / US Coins Start Price:12,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1920-S $20 MS63 PCGS. This is a sharply struck and hig
<B>1920-S $20 MS63 PCGS.</B></I> This is a sharply struck and highly lustrous piece with rich orange and yellow-gold color on both sides. The obverse and reverse each exhibit frosty surfaces. A few scattered marks on each side are consistent with the grade. This is an important rarity in the double eagle series, seldom offered for sale in any grade, and an object of desire in Select Mint State quality. Several months can often pass between offerings of this date, although we have had the pleasure of offering a small number of attractive pieces in our recent sales. Although today it is believed that as many as 55 or 60 examples of this date still exist, such a quantity is wholly inadequate when the number of active Saint-Gaudens double eagle collectors are considered. For example, the PCGS Set Registry alone shows nearly 90 different collectors actively pursuing their goal, and almost every one of these collectors lacks an example of this rarity.<BR> This example possesses excellent eye appeal, an unusual characteristic according to Dave Bowers in his <I>Double Eagle Guide Book:</B></I> "The 1920-S is a formidable rarity, the earliest among Type 6 With Motto double eagles. Most examples are in circulated grades or low level Mint State and have fairly low eye appeal. Unlike some of the rarities of later years in the decade, the supply of 1920-S has not been augmented by hundreds or thousands of recent imports." Population: 10 in 63, 20 finer (12/06).<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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