1932 $20 St. Gaudens MS-66
 At first glance looking at the official mintage figures, one would assume that this coin would fall into the “common” category. However, like many of the latter dates from the St. Gaudens series, the vast majority of the 1932 production sat in bank vaults and never circulated. Eventually they were recalled and melted after March of 1933 when President Franklin Roosevelt took the country off the Gold Standard in a desperate attempt to bring the economy out of the “Great Depression.”Today, scarcely more than a hundred examples exist in mint-state grades and this particular coin is certainly among the finest known. There are none graded higher by either major service with 7 PCGS and 15 NGC pieces in the respective population reports at present. It is unknown just how overstated those figures are, as many most assuredly have been resubmitted numerous times in the hopes of upgrading.Designed by Augustus St. Gaudens and produced during the administration of Herbert Hoover, this is one of the rarest of the rare from a series which began in 1907 and ended with the famous 1933 issue which is today, the most valuable coin in the world. A rare opportunity to own a museum- quality example of a classic American coin and one considered the most beautiful of all the world’s coins |
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Time Capsule 1932:
- February 27 - Adolf Hitler gains German citizenship prior to elections.
- March 1 - Charles Augustus Lindbergh III, the baby son of Anne Morrow Lindbergh and Charles Lindbergh is kidnapped.
- June 6 - The Revenue Act of 1932 is enacted, creating the first gas tax in the United States (1 cent per gallon sold).
- November 8 - U.S. presidential election, 1932: Franklin D. Roosevelt defeats Herbert Hoover in a landslide victory.
- March 14 - George Eastman, inventor of the camera dies (b. 1854)
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Related posts:
- 1907 High Relief $20 NGC MS-66 Wire Rim CAC
- 1907 High Relief Saint NGC Wire Rim MS-67
- 1929 $20 PCGS MS-64
- 1922-S $20 NGC MS-65
- 1907 High Releif St. Gaudens $20 MS-63 Wire Rim CAC
Tagged as: double eagle, Gold, Saint Guadens
