Title: 1920-S Saint-Gaudens $20 MS61 NGC Liberty Gold Piece
Shipping: $29.00
Artist: N/A
Period: 20th Century
History: Art
Origin: North America > United States
Condition: Very Good
Item Date: N/A
Item ID: 634
1920-S Saint-Gaudens $20 MS61 NGC | Rare Liberty $20 Gold Piece This 1920-S Saint-Gaudens double eagle is exceedingly rare in all grades. Composition: Gold Fineness: 0.900 Weight: 33.44g AGW: 0.9675 oz Diameter: 34mm This beautiful and very collectible coin is valued at over $73,000, and we will verify its availability upon your price inquiry. At BusaccaGallery.com, we vet all customers for transactions over $5,000 to ensure a secure and satisfactory experience for both parties. Value of 1920-S St. Gaudens $20 Gold. Almost all 1920-S St. Gaudens double eagles extant are softly struck along the lower left obverse border, especially over the Capitol building and the adjacent stars. The strike is generally sharp elsewhere, but luster can be somewhat subdued with truly vibrant examples few and far between. Among the few coins known lightly to moderately abraded surfaces are common. This Saint-Gaudens double eagle is very rare in all grades. Rather than seeing widespread exportation like many other issues from the 1920s, virtually the entire mintage for the 1920-S remained in storage in government vaults, including as backing for Gold Certificates. When the federal government stopped paying out gold coins in 1933, and then began calling in examples held by the public the following year, the stage was set for the wholesale destruction of millions of Saint-Gaudens double eagles. The 1920-S is one of several issues in this series that suffered a particularly high rate of attrition; most were melted in 1937 alongside countless other double eagles that had either never left government holdings or were returned to Treasury Department control during the recall. Since few were exported, the 1920-S has not had its population increased by the repatriation of coins from foreign banks and other holdings. It is likely that no more than 150 examples have survived, some professional opinions providing an estimate of just 100 or so coins extant. The population is fairly evenly split between circulated coins in the VF to AU range and Mint State pieces, with most of the latter grading no finer than MS-64. Gems are exceedingly rare, one of the finest certified being the PCGS MS-66 from Louis E. Eliasberg United States Gold Coins sold by Bowers and Ruddy in October 1982.
The 1920-S Saint-Gaudens $20 gold piece, often referred to as the "double eagle," is one of the most sought-after coins by collectors due to its rarity and historical significance. Background and Design: The Saint-Gaudens double eagle was designed by the renowned sculptor Augustus Saint-Gaudens, at the request of President Theodore Roosevelt, who wanted to beautify American coinage. The obverse features a striking image of Lady Liberty holding a torch and an olive branch, symbolizing enlightenment and peace. The reverse depicts a majestic eagle in flight, set against a rising sun. Mintage and Rarity: The 1920-S Saint-Gaudens double eagle was minted in San Francisco, which is indicated by the "S" mint mark. While a relatively high number of these coins were produced, many were melted down in the 1930s following the Gold Reserve Act, which required the public to turn in gold coins. As a result, only a small number of these coins survived, making the 1920-S a rare and valuable piece, particularly in higher grades. Collectibility: The 1920-S Saint-Gaudens double eagle is extremely rare across all grades, but it becomes exceptionally scarce in Mint State (MS) conditions. Coins graded MS61 by NGC (Numismatic Guaranty Corporation) represent a desirable balance of condition and affordability for collectors. The coin’s rarity, coupled with its historical significance, makes it highly coveted among numismatists. This coin is not just a piece of currency but a symbol of America's rich numismatic history, reflecting the artistic achievements and turbulent economic conditions of its time.