1928-P $20 Saint Gaudens Gold Double Eagle PCGS MS66+ Fresh & Flashy Super Gem

Description: 1928-P $20 Saint Gaudens Gold Double Eagle PCGS MS66+ One Of The Finest PCGS Price Guide $6,500.00 Nothing is graded MS67+ certified by PCGS The value quadruples to $16-17k in MS67 While Saint-Gaudens double eagles such as the 1927-D and 1933 are prominent in the series for their rarity, the 1928 jumps in rarity at the Super Gem MS66 level. The 1928 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 MS66. This Superb Gem displays vibrant, pristine surfaces with flashy 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 1928 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 1928 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 2,831,750 pieces went out almost immediately. In 1928, 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 PCGS in a brand new holder Capstonecoins.com Austin TX 78717

Price: 5188.69 USD

Location: Austin, Texas

End Time: 2025-01-05T06:26:24.000Z

Shipping Cost: 8.95 USD