1924 $20 SaintPCGS Plus

Description

# 1924 Saint-Gaudens $20 Double Eagle, MS66, PCGS. A Conditionally Rare Example of a Classic American Gold Coin. This 1924 Saint-Gaudens $20 Double Eagle represents the iconic design created by Augustus Saint-Gaudens, one of America's most celebrated sculptural artists. Struck at the Philadelphia Mint with a substantial mintage of 4,323,500 pieces, the 1924 sits at the center of a run of commonly encountered dates within this famous series. The coin is composed of 90% gold and 10% copper, weighing 33.4 grams with a diameter of 34mm and lettered edge, meeting all specifications of this beloved $20 denomination. Graded MS66 by PCGS (Certificate #56523014), this example achieves a level of preservation that elevates it well above typical market expectations for the date. While the 1924 is often dismissed as "generic gold" in the trade, the reality tells a different story: PCGS has certified over 360,000 examples of this date, yet only approximately 3% have achieved MS66 or finer grades. This specimen's MS66 designation places it among a select minority of survivors, representing genuine conditional rarity despite the large original mintage. Historical significance adds to the appeal of this piece. Following President Franklin D. Roosevelt's Executive Order 6102 in 1933, the federal government recalled the vast majority of Saint-Gaudens Double Eagles from circulation. However, hundreds of thousands escaped confiscation, having been distributed internationally. This 1924 represents a tangible artifact from America's pre-Depression era of gold coinage. Population and Market Context: Among 391 total PCGS-graded examples, only 172 have achieved higher grades, underscoring the rarity of superior preservation. At the MS66 level, this coin commands significant numismatic premium above spot gold value, reflecting both its conditional scarcity and the enduring collector demand for high-grade early-20th-century American gold coinage.