1924-D $20 AU58 PCGS CAC

With a mintage of 3,049,500, only 1,216 survivors exist across all grades, amounting to a mere 0.039%. That fact alone shows the desirability of this PCGS encased 1924 D $20 Saint Gaudens Gold Double Eagle. Most 1924 D Double Eagles were initially stored in Treasury vaults before being released, mainly for export to Europe. They are among the scarcest in the series, with many melted under the Gold Recall of 1933. Surviving coins, often XF or AU, were frequently used in trade with Canada, while uncirculated specimens mainly come from European holdings returned to the US from the 1950s through the 1970s.

This example showcases a pleasing lustrous appearance with an attractive greenish gold hue, complemented by hints of rose shining through the well-defined devices. Unlike some examples of this year that may be weakly struck around the edges, this coin displays excellent striking. Acquiring an AU58 specimen offers excellent value, considering that GEM coins are major rarities. For instance, a MS66 non-CAC specimen sold for $312,000 08/22 HA. The last AU58 CAC sale occurred over 12 years ago, and there have been no recent PCGS CAC sales as well.

PCGS Cert Verification #11269058

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