LOT Old Heritage Auctions  /  2008 MAR Phoenix (ANA) Signature Coin Auction #1...  / 

1816

1927-S $20 MS61 NGC

Currency:USD Category:Coins & Paper Money / US Coins Start Price:16,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1927-S $20 MS61 NGC
<B>1927-S $20 MS61 NGC.</B></I> The 1927-S double eagle is clearly not in the same class as its cousin, the 1927-D, yet it still ranks as one of the rare dates in the Saint-Gaudens double eagle series. The mintage of more than 3 million coins suggests nothing but a common date; however, it must be remembered that these coins remained in storage and never entered circulation. Some were stored in Treasury vaults and eventually found an unwelcome home in government melting pots, while a few others were exported. Only a tiny fraction of the mintage wound up in the hands of collectors, and those are the pieces that survive today.<BR> This Mint State piece has brilliant and frosty yellow luster with a few scattered marks that are consistent with the grade. The strike is bold, especially evident on the obverse. Like all survivors, the obverse and reverse rims are beveled. Census: 15 in 61, 69 finer (1/08).<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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