1920-P $20 Saint Gaudens Pre-33 Gold Double Eagle PCGS MS64 Low Mintage 228,250
1920-P $20 Saint Gaudens Gold Double Eagle PCGS MS614 Blazing orange Color PQ++
Low Mintage of 228,250
PCGS Retail Price $10,000
This coin is from a fresh group a Gold $20’s we recently bought out of a local collection that’s been off the market for many years. This better date is really tough to find in MS64 condition. A small 228,250 were minted, many were melted down and never circulated. This is a popular popular Philadelphia Mint $20.
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.
PCGS Encapsulation offers protection and guarantees the MS-MS64 condition of the coin.
Conservatively graded in our opinion, PQ++ This is an amazing coin that’s choice for the grade.
Struck at the Philadelphia Mint
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 color and very rare in this condition.
Buy with confidence that this is the coin you will receive USPS Priority Insured Shipping.