Lot 1544
1932 $20 St. Gaudens PCGS MS65. PCGS graded MS-65. A frosty untoned coin with over 1 million minted, but virtually all were melted, leaving fewer than 100 of these today. This is one of the key dates to the series of Saint-Gaudens which is seldom offered, especially this nice. With the 1933 double eagles still under litigation and likely to be off the market going forward, this is the last obtainable date for most collectors. An opportunity for the astute numismatist.
In early 1933 President Roosevelt called in all the gold coins, with exceptions allowed for coin collectors. Naturally there was no premium on a coin like the 1932 double eagle, which seemed to be widely available. Add to this the fact that few collectors could afford to put away a $20 coin even at face value. Thus the vast majority of these were lost to the melting pot, leaving precious few for collectors today. An exceptional opportunity! Pop 32; 12 finer, 1 in 65+, 10 in 66, 1 in 66+ (PCGS # 9194) Estimated Value $75,000 - 80,000
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