1924-P $20 Saint Gaudens Gold Double Eagle NGC MS67 One Of The Finest

Description: 1924-P $20 Saint Gaudens Gold Double Eagle NGC MS67 One Of The Finest PCGS Price Guide $18,500 Only 3 MS68’s are known While Saint-Gaudens double eagles such as the 1927-D and 1933 are prominent in the series for their rarity, the 1924 jumps in rarity at the Super Gem MS67 level. The 1924 serves to make it one of the most important dates in the series. Classic gold investors routinely acquire this issue in large numbers in low Mint State grades, while high-grade pieces are the epitome of the perfect type coin. Eye appeal is often strong on this date as well, and there is a variety of visual traits that studious collectors can find. Whether one wants frosty or satiny luster, greenish-gold, orange, or yellow color, a 1924 double eagle exists to fill those desires. And finally, the date also has an element of conditional scarcity, as it is nearly uncollectible finer than MS67. This Superb Gem displays vibrant, pristine surfaces with rich honey-gold color and boldly rendered devices. The luminance is satiny, rather than frosted, and a few small, coppery alloy spots on the lower obverse and right reverse margin attest to the originality of the patina without significant detraction. The 1924 is widely famous for being the most plentiful date in the Saint-Gaudens double eagle series. Yet, the issue never circulated domestically to any meaningful extent but was instead struck for international trade. Most extant representatives -- particularly those in low and middle Mint State grades -- likely came from repatriated foreign shipments. In Saint-Gaudens Double Eagles, Roger Burdette writes: - Most 1924 double eagles were shipped to Federal Reserve Banks or the New York Assay Office for use in international payments within the first year of production. Approximately 1,800,000 pieces went out almost immediately. In 1924, the United States sent $20 million in gold coin to Germany under the Dawes Plan. Much of this was likely in double eagles dated 1922, 1923, and 1924, with the transfer arranged by J.P. Morgan & Co. Guaranteed Genuine by NGC in a brand new holder Capstonecoins.com Austin TX 78717

Price: 11288.13 USD

Location: Austin, Texas

End Time: 2024-09-23T23:27:50.000Z

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