1931 $20 MS63 PCGS.

1931 $20 MS63 PCGS. Opinions vary regarding the rarity of the 1931 relative to the 1929, 1930-S, and 1931-D. In an absolute sense, the 1931 is more difficult to locate than the 1929 across virtually all grades. Some experts feel that, in terms of total number of coins known, it is also scarcer than the 1931-D and 1932. As a Gem, the 1931 appears to be more plentiful than the 1929, 1930-S, and 1931-D, but less available than the 1932. Such debates, however, are largely academic, since the 1931 ranks among the keys to the 20th century U.S. gold series in any condition. As noted by Garrett and Guth, "Virtually the entire mintage was wiped out, leaving perhaps 200 to 300 surviving pieces."
Most known examples of the 1931 are sharply struck, and the present Select representative is no exception. Liberty's portrait, the eagle's feathers, and the peripheral devices are all crisply defined. The surfaces show lovely rich coloration and a pleasing satiny sheen. The reverse is practically immaculate and from an early die state, judging by the lack of the die crack that bisects the eagle's beak on most 1931 double eagles.
There are a few minor marks on the obverse, the most noticeable of which resides in the right field area, below Liberty's elbow. Despite these flaws, the eye appeal is largely unaffected. While copper stains are common on this issue, the present example has entirely avoided this unsightly tendency, one of the reasons that this Select representative boasts a level of visual appeal that definitely seems exceptional for the MS63 grade level. An exciting opportunity for the discerning 20th century gold enthusiast.
From the Stephen Stokely Collection, Part Five.

Coin Engraver: Augustus Saint-Gaudens

Shipping: Coins & Currency (view shipping information)

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