DESCRIPTION Incredible Gem 1931 Saint-Gaudens $20Among the Finest of Only 125 Examples1931 Saint-Gaudens Double Eagle. MS-65+ (PCGS).
A visually stunning example with flashy and radiant luster across both sides. The vibrant golden-wheat coloration is accented by areas of bronze patina most notably on the obverse. A delightful matte-like luster in the fields is enhanced by fine traces of die polishing. Remarkably sharp across all regions and devoid of any distracting abrasions. This is a magnificent survivor from this rare and underappreciated issue that will surely go on to grace one of the finest cabinets of this series.
Much of the mintage of this Depression-era issue was withheld from circulation and placed in storage, only to later be sent to the crucibles at the Mint during Roosevelt's Bank Holiday of the early 1930s. While a sizeable quantity of 2.9 million coins were struck, just about 125 distinct examples remain for today's collector. Amazingly, virtually all of the 1931 double eagles accounted for today are Mint State, though mostly at grades of MS-64 and lower. This MS-65+ (PCGS) example is surely one of the more desirable survivors and is ideal for an advance Registry Set of the series. Just a dozen coins have been certified finer by PCGS and none have been graded higher than MS-67. The Bowers reference on the series refers to the 1931 as "one of the key issues in the series" and calls it a "classic rarity," two comments that are inescapably accurate. Similarly, specialist David Akers ranked it "second in overall population rarity only to the 1930-S" among the late date issues from 1929 through 1932 when writing in 1988. Of course, the 1933 ranks as the absolute king of this era, but it remains virtually non collectible.PCGS# 9192. NGC ID: 26GN. http://www.pcgscoinfacts.com/Coin/Detail/9192http://www.ngccoin.com/NGCCoinExplorer/CoinDetail.aspxUCID=26GN
PCGS Population: 2; 12 finer.