Collectors of $20 gold pieces know the names Dr. Steven Duckor and Jay Brahin. These two major collectors have built famous sets of Saint Gaudens $20 gold pieces, which are also considered some of the most beautiful American coins.
Heritage Auctions will be offering a $20 Saint Gaudens in the July Summer FUN Auction #1317 that combines rarity, a high grade, and a famous pedigree. This 1927-S $20 graded PCGS MS-65 was previously owned by both Dr. Steven Duckor and Jay Brahin, a double pedigree that would impress even the most jaded gold coin collector. Before third-party grading came onto the scene in the 1980s and became the norm in the years that followed, Dr. Duckor considered this coin to be MS-66 quality. It is today graded MS-65 by PCGS.
Unlike the very common 1927 Philadelphia, the 1927-S minted in San Francisco is a very rare date for the $20 Saint series. At one point, less than five were believed to exist. However, small handfuls of this date were located in European bank hoards over the years, making this a scarce and desirable piece but still available in at least some small quantities today. Despite a population of over 3 million coins, less than 300 are certified in all grades by PCGS and NGC combined.
Given the popularity of collecting these gold coins and the rarity of the 1927-S, these coins are always in demand when they come up for bid. Similar pieces have sold for over $100,000 recently.
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