Lot 1321
1930-S $20 St. Gaudens. PCGS graded MS-65. Well struck and delicately toned. The lovely natural golden toning on both sides improves the already expansive beauty of this Gem quality example. A very rare late date Saint-Gaudens double eagle. The production run was a mere 74,000, serving to give an explanation to the low supply of coins to be had by collectors. Always difficult to obtain. There do not appear to be many abrasions that would bar this frosty double eagle from its lock-solid MS65 designation by the grading service. It is really quite spectacular! Since it is a full-bore Gem we see no need to persuade one and all to prepare a strict market price. There will be no slipping through the cracks with this one when it comes up for bidding. Besides the coin's smooth features, both sides show 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. Identical to other issues in the late 1920s and early 1930s, this year was a heavily melted one. In the vein of the 1929, 1931, 1931-D, and 1932 from the standpoint of total number of coins known, the number saved was severely reduced after the great gold confiscation by the Federal government in 1933 (approximately $2.8 billion in gold valued at the then $20.67 per ounce fixed price).
As an MS65, the 1930-S is an extremely rare coin with very few pieces having been so graded by the major services. Of the highest order of rarity, this piece will be certain to spawn much interest at lot viewing and the price it finally realizes at the sale could be a revelation to many. Pop 8; 5 in 66 (PCGS # 9191) .
Estimated Value $170,000 - 190,000.
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