DESCRIPTION Superior 1928 Saint-Gaudens $20Only 13 Finer at PCGS1928 Saint-Gaudens Double Eagle. MS-67 (PCGS).
The vibrant yellow-gold color of this Superb Gem is complemented by hints of peach and powder-blue throughout. Satiny luster cartwheels across both sides and remains fully undisturbed by handling. A visually sensational example.
Struck on the eve of the Great Depression, the 1928 boasts the highest mintage of any double eagle struck by the US Mint, including both the Liberty Head and Saint-Gaudens series. While 8,816,000 pieces were struck, a significant portion were shipped abroad in international trade and a smaller quantity were paid out domestically. The massive Treasury melts of the 1930s took their toll on the coins that remained. The coins that sat in European and South American vaults fared better since the vast majority of the surviving specimens among those that returned stateside beginning in the 1940s and 1950s are uncirculated. This issue is readily available up through Gem Mint State and even above. However, at the Superb Gem level, the numbers diminish drastically. Even the most selective of connoisseurs would be hard pressed to locate a finer example than that offered here. With only 13 coins graded finer by PCGS, this is surely an ideal candidate for an advanced Registry Set.PCGS# 9189
.NGC ID: 26GK
.PCGS Population: 97; 13 finer.