Only 2,946,750 were minted, many were melted down and never circulated. This is a sleeper date much rarer than people realize. This is the kind of coin serious collectors search for.
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. PCGS encapsulation offers protection and guarantees the MS61 condition of the coin.
PCGS certified this coin over 20 years ago. Conservatively graded in our opinion, PQ++. Struck at the Philadelphia 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 "1927-P $20 Saint Gaudens Gold Double Eagle Pre-1933 PCGS MS61 Old Green Holder" is in sale since Saturday, November 6, 2021. 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, Canada, Mexico, Bermuda.