LOT Old Heritage Auctions  /  2008 Jan. FUN Signature Coin Auction #454  / 

3404

1930-S $20--Improperly Cleaned--NCS. Unc

Currency:USD Category:Coins & Paper Money / US Coins Start Price:42,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1930-S $20--Improperly Cleaned--NCS. Unc
<B>1930-S $20 --Improperly Cleaned--NCS. Unc Details.</B></I> Though the forbidden-fruit 1933 double eagle draws more attention and the handful of 1927-D pieces command astronomical prices, the 1930-S has developed a well-deserved reputation, not only as one of the most challenging Saint-Gaudens twenty dollar issues, but as one of the most elusive American gold pieces of the 20th century. Using the combined certified populations as a rough rubric, these three issues each have double-digit rosters, something no other dates in the series can claim. Though San Francisco struck 74,000 double eagles in 1930, the reason why is unclear; certainly there was not commercial demand for the coins, as evidenced by the condemnation of millions of 1927-S examples that never left the Mint. Only a relative handful of representatives escaped destruction, and any survivor is an important prize.<BR> Though the coin offered here is in an NCS holder due to "improper cleaning" (per the label), it has surprisingly strong visual appeal. The surfaces do not show the hairlined brightness that one might expect; rather, the luster is attractive, albeit subdued compared to the shining appearance found on high-end examples. The central devices offer excellent central detail, and splashes of emerald-silver appear within an apricot-gold matrix. The obverse shows light, scattered marks overall with a pinscratch near the right obverse rim, and an abrasion is noted at the base of the eagle's neck, but these are minor concerns compared with the rarity and desirability of the piece.<BR> Unlike its more famous counterparts, the 1930-S double eagle is within the reach of collectors who are not fabulously wealthy. As with all mintmarked Saint-Gaudens twenties from 1927 on, it offers a challenge, yet the occasional opportunity arises to acquire a comparatively affordable exemplar. With the purchase of this coin, one's date set of 20th century gold can move another step closer to completion.<BR><I>From The Chicago Collection of Saints.</B></I><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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