Heritage provided this writeup of a rare U.S. gold coin that has been moved to the August American Numismatic Association sale from the cancelled Summer FUN show.
-Editor
Owning a $20 Saint Gaudens gold coin from the 1920s is typically a very achievable goal for many coin collectors given the large quantities that were produced at the Philadelphia Mint in 1924, 1927, or other common years of that decade. However, when you get to the last year of that decade--1929--you reach a sudden stumbling block. Despite the fact that just over 1,700,000 coins were minted, less than 330 pieces total have been certified by PCGS and NGC.
Very few of these coins from 1929 are available to collectors today, and this is where the $20 Saint series becomes very tough to obtain. The last few pieces of the series--1929, 1930-S, 1931, 1931-D, and 1932--are all rarities and generate spirited bidding on the rare occasions that they come up for bid.
Heritage Auctions will be offering a 1929 $20 Saint graded a lofty PCGS MS65 in the July Summer FUN Sale #1317. With similar coins selling in the $60,000 to $70,000 range in the past, elite collectors will be ready to compete with one another to add this rare date to their set! Whether you are working on a date and mintmark set of Saint Gaudens Double Eagles or simply appreciate the history of a scarce date 20th Century gold coin, this would be a wonderful piece for an advanced coin cabinet.
To see the coin images online:
Coin Index Numbers: (NGC ID# 26GL, PCGS# 9190)
(https://coins.ha.com/itm/saint-gaudens-double-eagles/double-eagles/coming-soon-pcgs-9190-/p/1318-22014.s)
Wayne Homren, Editor
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