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

3407

1932 $20 MS63 PCGS

Currency:USD Category:Coins & Paper Money / US Coins Start Price:45,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1932 $20 MS63 PCGS
<B>1932 $20 MS63 PCGS.</B></I> The mintage of slightly over 1.1 million pieces, like that of numerous issues late in the Saint-Gaudens series, proves meaningless. The federal gold recall, combined with excess inventory of double eagles of previous issues, ensured that the vast majority of the 1932-dated coins never left government control. Only a tiny fraction of the production run, many of which were ordered singly by those who desired examples of recent issues, survives today. This is in marked contrast to the eagle issue of the same year, which, though also melted heavily, is readily available to collectors of almost any budget.<BR> Representatives of this noted issue, the final collectible Saint-Gaudens double eagle, trade only infrequently. Heritage has not offered an example at auction since January 2007, and other appearances are sporadic. Garrett and Guth (2006) lavish praise on the 1932 twenty: "As one of the great rarities of the series, any 1932 double eagle will always bring considerable attention."<BR> This Select exemplar should attract the attention of series specialists. The devices are well-defined overall, and the apricot-gold and sun-yellow surfaces offer strong luster with just a hint of satin. Though abrasions appear above Liberty's branch arm and on her legs and gown, the reverse is clean, and the coin as a whole retains significant eye appeal for the grade assigned. The present piece represents a significant opportunity to own one of the most elusive and challenging Saint-Gaudens double eagle issues, a date that is more challenging than the combined certified population might suggest. Population: 8 in 63, 52 finer (11/07).<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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