One of the rarest Saint-Gaudens $20 coins could sell for $50,000

Following on from their recent grand sales of US and World coins in Boston, Heritage, who rarely rest for long, are planning another major US coin auction in just a few weeks' time.

Some of the details are still coming through, but here's a quick look ahead.

The current expected leader in the September auction - though as yet not carrying an estimate - is a high grade 1927-S Saint Gaudens $20 Liberty Eagle.

Previously this rare specimen has brought values in the region of $40,000-50,000 at auction.

At one time, in the 1950s, this would have been likely to have caused even more excitement than now as, despite its recorded mintage of 3.1 million, until the late 1940s-early 1950s, the 1927-S was considered the rarest of the entire series.

Saint Gaudens Liberty Eagle 1927-S
Saint Gaudens Liberty Eagle 1927-S

The early collector Dr. Charles Green demonstrated that, despite the high mintage figure, only just over 3,000 specimens had been released before the Gold Recall of 1933.

Whilst a few examples have been discovered here and there which have edged the 1927-S down the listings, it is still exceptionally rare, especially in high grade. The example on offer at Heritage has the bright yellow-gold mint lustre which the 1927-S often exhibits.

The strike is good and solid for the date, and the abrasions mostly very minor, and it is likely to make a strong investment and is graded MS-63. The Long Beach, California auction takes place from September 22-26, whilst online bidding begins from September 3.

Alternatively, there are collectible gold coins available to buy now.

 

Join our readers in 192 countries around the world - sign up for your free weekly Collectibles Newsletter today

 

Register to receive more in-depth articles from our dedicated team.

Register Here

Featured products

Elvis Presley Authentic Strand of Hair
Elvis Presley Authentic Strand of Hair
Sale price£399
In stock
Fidel Castro signed certificateFidel Castro Signed Certificate
Fidel Castro signed certificate
Sale price£2,995
In stock
King Henry VIII Autographed DocumentKing Henry VIII Autographed Document
King Henry VIII Autographed Document
Sale price£55,000
In stock