1926-P $20 Saint Gaudens Gold Double Eagle PCGS MS66+ Rare & Flashy Super Gem PQ
1926-P $20 Saint Gaudens Gold Double Eagle NGC MS66+ One of the highest grades on the market.
Mintage 816,750
This coin just returned from NGC, fresh to the market in a brand new holder.
Only 11 coins have been graded higher by NGC. Nothing finer
Collectors Universe Price Guide - $10,000
While Saint-Gaudens double eagles such as the 1927-D and 1933 are prominent in the series for their rarity, the 1926 jumps in rarity at the Super Gem MS66+ level. The 1926 serves to make it one of the most important dates in the series. Classic gold investors routinely acquire this issue in large numbers in low Mint State grades, while high-grade pieces are the epitome of the perfect type coin. Eye appeal is often strong on this date as well, and there is a variety of visual traits that studious collectors can find. Whether one wants frosty or satiny luster, greenish-gold, orange, or yellow color, a 1924 double eagle exists to fill those desires. And finally, the date also has an element of conditional scarcity, as it is nearly uncollectible finer than MS66+.
This Superb Gem displays vibrant, pristine surfaces with flashy honey-gold color and boldly rendered devices. The luminance is satiny, rather than frosted, and a few small, coppery alloy spots on the lower obverse and right reverse margin attest to the originality of the patina without significant detraction.
The 1926 is overlooked for being a low Mintage date in the Saint-Gaudens double eagle series. Yet, the 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 1926 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 1926, the United tes 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.
Guaranteed Genuine by NGC in a brand new holder.