1929 $20 Saint-Gaudens Double Eagle PCGS MS64

$39,250

Description

1929 $20 Saint-Gaudens Double Eagle PCGS MS64. This is a beautiful, original coin with full frosty mint luster, a very sharp strike and superb medium greenish-gold and orange color. As noted gold coin specialist and author David Akers commented “…beginning with this issue, all of the Saint-Gaudens Double Eagles through the end of the series in 1933 are great rarities. Of course, of this group, the 1933 $20 issue is not collectible because of the U.S. government’s questionable claim that any specimen in private hands is stolen property and thus not legal to own. Of the final collectible issues of the Saint-Gaudens series, the 1929 is, by a substantial margin, the most “common” in terms of population rarity since specimens below Gem quality can be obtained with moderate difficulty. This is especially true in the past few years since a number of newly discovered specimens have recently come on to the market, some of which are quite nice, grading Choice (63) and Very Choice (64) Brilliant Uncirculated.”

The current PCGS population in MS64 condition is 82 coins with 44 finer, the finest being a sole MS66+. The average of the seven NGC and PCGS MS64 examples that have come to market via public auction is $45,330. The last example to sell publicly occurred in January of 2018. This specimen brought $48,000 against the PCGS published price of $45,000.