A sleeper issue thats much rarer than we previously thought. This better date is really tough to find in MS64 condition. Only 796,000 were minted, many were melted down and never circulated. The denomination was created as a means of exhausting an overage in gold supply due to the 1849 California Gold Rush.They were never intended for general use in commerce as the amount easily equated to a month's wage during the time of issue - making them impractical to carry as a coin. NGC encapsulation offers protection and guarantees the MS-64 condition of the coin. Graded almost 20 years ago by NGC, this is as fresh as they come. Conservatively graded in our opinion, PQ++. Struck at the San Francisco Mint. Obverse: Depicts Liberty striding forward holding a torch and an olive branch with the U.
Capitol building in the backdrop. Reverse: Features an eagle in flight against the sun in the background. Beautiful color and very rare in this condition.
The item "1916-S $20 Saint Gaudens Gold Double Eagle Pre-33 NGC MS64 Blazing Color PQ++" is in sale since Tuesday, October 27, 2020. This item is in the category "Coins & Paper Money\Coins\ US\Gold (Pre-1933)\$20, Double Eagle". The seller is "capstonecoins" and is located in Austin, Texas. This item can be shipped to United States.