1929 $20 MS (PCGS# 9190)

The March 2012 Baltimore Auction

  • Auctioneer:
    Stack's/Bowers
  • Lot Number:
    4380
  • Grade:
    MS64
  • Price:
    $40,250.00
Lot Description
1929 Saint-Gaudens Double Eagle. MS-64 (PCGS). A boldly lustrous honey gold specimen with lively cartwheel activity and satiny rose highlights. The overall physical quality and aesthetic appeal are substantial for this specimen. The Bowers reference <em>The Official Red Book of Double Eagle Gold Coins</em> (Whitman Publishing, 2004) calls the 1929 double eagle: "A very scarce issue that a few years ago was considered to be a major rarity. However, many hundreds of coins now have sneaked into the market, without fanfare, and now nearly 1,000 have been certified [nearly 300 of those Mint State]-- and of course, many coins have not been. For the first time in modern numismatic history the 1929 is readily available and somewhat affordable (but hardly inexpensive). Now, many collections will end with the 1929 date instead of 1928 as formerly." Choice for the grade and a&nbsp;specimen that should play to a wide audience.<br /> <br /> <strong>Numismatic Reflections by Q. David Bowers</strong><br /> Any double eagle after 1928 is a rarity, and the 1929 joins that illustrious group. The present coin is a splendid example at the MS-64 level -- high enough to be beautiful and not need any upgrading or replacing, yet priced&nbsp; a bit lower than would be one in a higher certified grade.
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