Goldberg Coins and Collectibles



Sale 47


 
 
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Lot 4488

1930-S $20 St. Gaudens. PCGS graded MS-64 PQ. CAC Approved. In PCGS holder 11617033. Lovely golden toning. A popular key date. Well struck and choice for the grade. The production run was a mere 74,000 pieces, helping to explain the low supply of coins available for collectors to obtain. There do not appear to be many abrasions that would bar this frosty double eagle from its lock-solid MS64 designation by the grading service. Since it is a near-Gem we encourage one and all to formulate a strict market price. There will be no slipping through the cracks when it comes time for bidding. In addition to the coin's smooth features, both sides reveal a precision strike that conforms well with what we know about other 1930-S $20 gold pieces, that this date was more carefully produced than other S-mint twenties in the Saint-Gaudens series and that few escaped into the channels of commerce. Identical to other issues in the late 1920s and early 1930s, this was a heavily melted year. Like the 1929, 1931, 1931-D, and 1932 from the standpoint of total number of coins known, the amount saved was drastically reduced after the great gold seizure by the Federal government in mid-1933 (approximately $2.8 billion in gold valued at the then $20.67 per ounce fixed price). Pop 20; 13 finer; 8 in 65; 5 in 66. (PCGS # 9191) .
Estimated Value $120,000 - 130,000.
Ohringer Family Trust Holdings.


 
Realized $149,500
 



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