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SERIES: St. Gaudens $20 1907-1933
LEVEL: Year, MintMark, & Major Variety

1925-S $20 (Regular Strike)

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PCGS MS67

PCGS MS66

PCGS MS65+
PCGS #:
9182
Diameter:
34.00 millimeters
Designer:
Augustus Saint Gaudens
Weight:
33.40 grams
Edge:
Lettered
Mintage:
3,776,500
Metal Content:
90% Gold, 10% Copper
Auction Record:
$287,500 • PCGS MS67 • 11-3-2005 • Heritage
Go To Grade
  • 15
  • 20
  • 25
  • 30
  • 35
  • 40
  • 45
  • 45+
  • 50
  • 50+
  • 53
  • 53+
  • 55
  • 55+
  • 58
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  • 60
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  • 62+
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  • 65
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  • 66
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  • 68
20
3,000
25
3,250
30
3,500
35
3,750
1
45+
4,300
50+
4,700
53+
5,100
55+
5,750
58+
7,500
1
62+
12,500
63+
19,000
1
64+
65,000
1
65+
185,000
1
66+
260,000
67
350,000
1
67+
375,000
68
500,000
1
Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 833 R-5.3 11 / 49 TIE 11 / 54 TIE
60 or Better 466 R-6.0 11 / 49 TIE 11 / 54 TIE
65 or Better 9 R-9.6 4 / 49 TIE 4 / 54 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade  
2 MS67 PCGS grade

Phillip H. Morse Collection - Heritage 11/2005:6681, $287,500 - Simpson Collection

3 MS66 PCGS grade

Manfra, Tordella and Brooks - David W. Akers, sold privately in the mid-1980s - Dr. & Mrs. Steven L. Duckor Collection - Heritage 1/2012:4640, $184,000

3 MS66 estimated grade  
5 MS65+ PCGS grade

Heritage 1/2006:3620, $172,500 - Kutasi Collection - Heritage 1/2007:3298, $149,500 - Bella Collection (PCGS Set Registry)

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade  
2 MS67 PCGS grade

Phillip H. Morse Collection - Heritage 11/2005:6681, $287,500 - Simpson Collection

3 MS66 PCGS grade

Manfra, Tordella and Brooks - David W. Akers, sold privately in the mid-1980s - Dr. & Mrs. Steven L. Duckor Collection - Heritage 1/2012:4640, $184,000

3 MS66 estimated grade  
5 MS65+ PCGS grade

Heritage 1/2006:3620, $172,500 - Kutasi Collection - Heritage 1/2007:3298, $149,500 - Bella Collection (PCGS Set Registry)

6 MS65 PCGS grade  

Phillip H. Morse Collection - Heritage 11/2005:6682 - Jay Brahin Collection - Heritage 1/2010:2325, $218,500

6 MS65 PCGS estimated grade  
8 MS64 PCGS grade  
8 MS64 PCGS grade  
8 MS64 PCGS grade  

David Akers (1975/88): The 1925-S is one of the major rarities of the series, especially in MS-64 or better condition. This is the only mintmarked issue of this decade that is more common in circulated condition than in Mint State. I have seen many otherwise excellent quality collections of this series that have only an About Uncirculated or MS-60 example of this underrated issue. Three specimens stand out above the rest. From a technical grade standpoint, the finest may be the piece from Paramount's 1980 Grand Central Sale to which it had been consigned by a Washington, D.C. doctor who had obtained the piece directly from the Mint in the year of issue. The piece later appeared in the 1987 ANA sale, where I purchased it for a client. The coin grades at least MS-65+, possibly even MS-67. The second best example is owned by Dr. Steven Duckor; it is a fully struck, highly lustrous gem piece with great lustre and color. The third nicest I have seen was a satiny specimen in the 1987 F.U.N. sale that was purchased by Dr. William Crawford. Despite a few faint hairlines, it is an exceptional coin,virtually free of bagmarks, with wonderful lustre and color.

The 1925-S is generally well struck, although some specimens have a slight weakness on the lower obverse and a weak 5 in the date. Some others display a softness or lack of definition on the central devices. As is typical of the San Francisco Mint issues of this decade, the 1925-S often has very rounded, almost beveled rims. It is also quite common to see examples that have hairline die breaks and noticeable signs of die buckling or deterioration near the rims. One variety has a prominent vertical die break through the eagle's beak. The surfaces of the typical 1925-S have a decided satiny texture although fully frosty ones also exist. Lustre and color are both very good to excellent on this issue as a rule and most specimens are an appealing light to medium orange gold color, often with greenish gold highlights.