Saint-Gaudens Double Eagles 1929 $20 MS64 PCGS. This is

Saint-Gaudens Double Eagles
1929 $20 MS64 PCGS. This is one of the premier dates among Saint-Gaudens double eagles and an issue that certainly reflects the times in which it was produced. Writing in The Great Crash of 1929 (1955), economist John Kenneth Galbraith explained:

"The singular feature of the great crash of 1929 was that the worst continued to worsen. What looked one day like the end proved on the next day to have been only the beginning. Nothing could have been more ingeniously designed to maximize the suffering, and also to insure that as few as possible escaped the common misfortune."

In a climate of such financial despair, demand for the high-denomination double eagles remained understandably low. Roger W. Burdette found that just 23,020 coins from a mintage of nearly 1.8 million pieces were paid out. The issue suffered a high rate of attrition, leaving a strictly limited supply for present-day collectors.
The coin offered here is an attractive Choice specimen, with sharply detailed design elements throughout. The lightly marked orange-gold surfaces radiate vibrant mint luster from both sides and eye appeal is outstanding. PCGS has graded 33 numerically finer examples finer (4/17).

HID02901242017