1920-P $20 Saint Gaudens Gold Double Eagle PCGS MS64 Low Mintage- 228,250 NEW!

1920-P $20 Saint Gaudens Gold Double Eagle PCGS MS64 A must own Super Gem

Recently certified and Fresh to the market.

Resumption of double eagle coinage in 1920 resulted in a moderate 228,250-piece mintage. The newly struck coins were quickly tucked away in the Treasury vaults as backing for gold certificates. Others were stored at the various Mints. Few 1920 double eagles were distributed during the year and were set aside until 1926, when many were exported. Only a handful of the surviving 1920 twenties achieve the Gem Uncirculated designation.

PCGS Price Guide $7,250.00

A must own low Mintage Sleeper Date, 228,250 overlooked and a must own rarity for any collection.

Created by master sculptor Augustus Saint-Gaudens, the 1920-P $20 Gold Saint Gaudens is the descendant of the $20 Liberty Double Eagle which first entered circulation in 1850. The denomination was created as a means of exhausting an overage in gold supply due to the 1849 California Gold Rush. They were never intended for general use in commerce as the amount easily equated to a month's wage during the time of issue - making them impractical to carry as a coin. Instead, they were struck to monetize the surplus of gold and to be used exclusively in business transactions, largely between banks.

For those who are passionate about collecting gold coins, this is an excellent addition to your collection. This coin is a piece of history and a representation of the United States' past. Its design is timeless, and its value is unmatched. Add this rare coin to your portfolio today!

A better date Philadelphia Mint date rarely seen in high grade like this

Designed by Augustus Saint-Gaudens.

Obverse: Depicts Liberty striding forward holding a torch and an olive branch with the U.S. Capitol building in the backdrop.

Reverse: Features an eagle in flight against the sun in the background.

Beautiful true orange gold color and rare in this high gem grade condition.