Lot 1900
1920. PCGS graded MS-64. CAC Approved. Beautiful multi-color toning on the reverse. The 1920-P issue is relatively common in bagmarked Uncirculated grades, but then rises in rarity (and collector esteem) once the grade gets to a more rarified altitude like Mint State 64.
The surfaces are a glowing golden bright hue, with nothing subtle about luster. On the heels of such active mint bloom, we are pleased also to describe a coin faithful to every detail from a full blow by the dies. The Mints had ceased gold production after 1916, shortly before the government put the nation on a war footing (1917-18). After the war, world finance found itself in turmoil. America was one of the first countries to return to issuing gold coins with this 1920-dated $20 Double Eagle and its companion piece, the extremely rare 1920-S (along with 1920-S $10 Eagles). Pop 816; 22 finer, 21 in 64+, 1 in 65. (PCGS # 9170) .
Estimated Value $5,000-UP.
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