1927-S $20 MS63 PCGS CAC

The 1927-S Saint-Gaudens Double Eagle is one of the great conditional and absolute rarities within the $20 gold series. Although the official mintage was a substantial 3,107,000 coins, virtually the entire output was held back from circulation and later destroyed during the post-1933 Gold Recall. Fewer than 250 examples are believed to survive across all grades, and Mint State specimens with CAC approval are exceedingly rare. Only 4 CAC approved at the MS63 grade and 6 finer. The finest MS67 PCGS CAC example just sold 08/25 HA for an impressive $690,000, considering the same piece sold in 2020 for $264,000 03/20 ST which is representative of how hot the CAC Saints market is for better date. This coin is a top-tier example of the issue, combining technical strength with impressive visual appeal. The coin’s surfaces are bathed in a luminous wheat-gold tone, enriched by medium-intensity orange-gold. The luster is plentiful and abundant. The scarcity of the 1927-S was recognized early by numismatists, even as other Saint-Gaudens double eagles were repatriated after WWII. Unlike its peers, the 1927-S failed to surface in any meaningful numbers, and no hoards have ever been discovered. Only 3,750 coins were originally released to the banking system, making this one of the most elusive San Francisco issues of the series. No CAC has sold in recent years and with the uber strong market for Saint $20 CAC this is an ideal acquisition for the advanced collector pursuing true conditional rarities within the U.S. gold series. No doubt all the Price Guides will increase thanks to the MS67 PCGS CAC sale. Considering non-CAC PCGS MS63 are available now for sale between $63,000-$75,000, and non-CAC NGC MS64 for $95,000 the same as a MS63+ PCGS Price Guide, we find this coin representing excellent value and for appreciation.

PCGS Cert Verification #43321962