1924-S $20 Saint Gaudens Gold Double Eagle NGC MS62+ PQ++ Beautiful Better Date rarity

This is a must buy date for serious Saint Gaudens Collectors

Collectors Universe price guide

MS62 $11,000

MS62+ $12,500

MS63 $15,000

We recently acquired a nice fresh group of $20 Saint-Gaudens from Europe and submitted them to NGC These coins are truly premium quality and much nicer in hand. You are receiving this coin exactly as we bought it.

While the Philadelphia issue of this year is famously as common as it gets, the 1924-S Saint-Gaudens double eagle is a starkly contrasting rarity in high grade. Although more than 3 million pieces were produced, most of this production figure was apparently melted in the mid-1930s, following President Roosevelt's Gold Recall executive order. Any Mint State example can be considered a better-date coin in the series, and most exist in grades of MS62 to MS64, finer pieces rare. This choice example displays a bold strike and vibrant honey-gold luster,

Created by master sculptor Augustus Saint-Gaudens, the 1924-S $20 Gold Saint Gaudens is the descendant of the $20 Liberty Double Eagle which first entered circulation in 1850. The denomination was created as a means of exhausting an overage in gold supply due to the 1849 California Gold Rush. They were never intended for general use in commerce as the amount easily equated to a month's wage during the time of issue - making them impractical to carry as a coin. Instead, they were struck to monetize the surplus of gold and to be used exclusively in business transactions, largely between banks.

Coin Highlights:

NGC encapsulation offers protection and guarantees the MS-62+ condition of the coin.

Coveted Plus (+) designation on holder was awarded for outstanding eye appeal and premium quality for the grade

Fresh new NGC holder

This example displays outstanding eye appeal and premium quality for the grade. PQ!

An overlooked and better San Francisco Mint date rarely seen in high grade like this, so fresh.

Designed by Augustus Saint-Gaudens.

Obverse: Depicts Liberty striding forward holding a torch and an olive branch with the U.S. Capitol building in the backdrop.

Reverse: Features an eagle in flight against the sun in the background.

Buy with confidence that this is the coin you will receive USPS Priority Insured Shipping.

Capstonecoins.com

Austin Texas