Lot 4098
1922 $20 St. Gaudens. PCGS graded MS-64. Choice frosty appearance from top to bottom, and a very attractive specimen of this year.
Radio was the new big thing in America in the early 1920s. Led by Westinghouse company's 1920 and 1921 establishment of four well-financed stations -- located in or near Pittsburgh, Boston, Chicago and New York City -- there was a growing sense of excitement as broadcasting activities became more organized. In December, 1921, the Department of Commerce created regulations formally establishing a broadcast service. Then, in early 1922, the year of this double eagle, a "broadcasting boom" hit, as a sometimes chaotic mix of stations, sponsored by a wide range of businesses, organizations and individuals, sprang up, numbering over 500 by the year's end (PCGS # 9173) .
Estimated Value $700 - 750.
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| Realized $891 |
