LOT Old Heritage Auctions  /  2007 (ANA) Signature Coin Auction #444  / 

2078

1924-D $20 MS65 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:62,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1924-D $20 MS65 PCGS
<B>1924-D $20 MS65 PCGS.</B></I> The 1924-D is one of the median rarities in the Saint-Gaudens series. It is similar in rarity to the 1925-D and 1926-S, especially in the better grades of Uncirculated. Apparently a mindset of frugality was present in the Denver Mint in 1924. All denominations struck there show a general lack of highpoint definition, although the occasional exception can be found to that general rule. This lack of striking detail was apparently related to an attempt to extend die life as much as possible. Even on double eagles from this year striking definition varies quite a lot. It is interesting to contrast this mindset and the coins produced from Denver in this year to those produced in the Philadelphia Mint in 1924. This particular coin shows remarkably strong detailing on all the design elements, and from looking at this piece by itself one would never know that there is variability in strike on 1924-D twenties.<BR> This is an absolutely splendid, high grade coin. Most will surely see this as upper-end, if not undergraded. When searching for abrasions that will help aid in tracing the pedigree of this important coin, the only one that is readily visible is a shallow scrape just below the olive branch on the obverse. The mint luster is outstanding, as usual on this issue, and it is frosted in nature rather than satiny which is normally found on most Denver coins. Only 17 Gems have been certified by both of the major services with a mere three coins finer (7/07).<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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