1926-S $20 Saint Gaudens Gold Double Eagle NGC MS62 Rare & Flashy JUST CERTIFIED

1926-S $20 Saint Gaudens Gold Double Eagle NGC MS62 Choice and overlooked date

Mintage 2,041,600

This coin just returned from NGC, fresh to the market in a brand new holder.

Collectors Universe Price Guide - $8,000.00

While Saint-Gaudens double eagles such as the 1927-D and 1933 are prominent in the series for their rarity, the 1926-S jumps in rarity at the choice MS62 level. The 1926-S 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 MS63.

This choice SF Mint Saint 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-S is much rarer than a generous mintage of 2,041,500 pieces might imply. Most examples were never released into commercial channels, and remained in storage until destroyed on government order in 1937. Most of the 1,500 or so Mint State survivors represent coins that were used in international commerce and were subsequently repatriated from foreign bank hoards beginning in the 1950s. This is an inviting Select example that will be a very nice addition to an advanced double eagle cabinet.

- 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 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.

Guaranteed Genuine by NGC in a brand new holde