1924-P $20 Saint Gaudens Gold Double Eagle NGC MS66+ Flashy NEW LISTING PQ!
1924-P $20 Saint Gaudens Gold Double Eagle NGC MS66+ One of the highest grades on the market.
This coin just returned from NGC, fresh to the market in a brand new holder.
The year 1924 from the Philadelphia Mint represents the most common issue of the Saint-Gaudens series. However, the 1924 issue can be sharply struck and is a favorite type coin as a representative of the beautiful Saint-Gaudens double eagle design. This coin is an exceptional specimen, with a bold strike that details the iconic motif, including full and clear definition of the portrait and eagle design elements. The coin is toned in a rich and natural orange-gold coloration, which contributes to the outstanding eye appeal of this example. Full frosty luster radiates throughout the pristine surfaces, including the high points of the design. This wonderful coin is superbly illustrative of the quintessential Saint-Gaudens design artistry and will find a home in the finest of type coin collections
This 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 1924 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 500,000 pieces went out almost immediately. In 1924, 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.