Lot 2314
1920. NGC graded MS-65. A well struck frosty untoned example exhibiting light mint bloom colors. Very rare date in this high grade. The 1920 double eagle is of relatively low mintage (228,250), and yet examples are readily available and thousands have been certified up to MS63 quality. This issue heralds the 1920s, a decade in which Philadelphia coins from 1922 to 1928 are very common (especially 1924 and 1928), but where many scarce to rare mintmarked varieties are in the wings. Condition rarity is the key here.
To reiterate, whereas the 1920 is available through MS63, it becomes more challenging at the near-Gem level. Then, in Gem condition, the 1920 is one of the most, if not the most widely respected condition rarities in the entire series of Saint-Gaudens double eagles. In Mint State 65, only eight have been so graded (one by PCGS, and seven by NGC) with none finer at either service. This is an absolutely grand coin whose rich mint frost and natural color accents the bold design elements. Devices on both sides are well defined, as demonstrated by the detail on the Capitol building, on Liberty's eyes and lips, her hands and toes, the olive branch, etc. Not to be overlooked is a strong bold eagle: plumage, flight feathers, tail feathers. A few trivial marks fall well within the dimensions of the MS65 grade. Minute abrasions include one on the nose and another at the top of the torch hand -- these may aid in identifying this particular specimen. We see it as a rare opportunity for the specialist, no two ways about it. For the collector who wants a stunning certified Gem 1920 Saint, this is the chance of a lifetime to obtain this date. Pop 7; none finer (PCGS # 9170) .
Estimated Value $40,000 - 45,000.
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