1928 $20 MS67+

CERTIFICATION#: 16342403
PCGS#: 9189

Owner's Comments

Expert Comments

David Akers (1975/88): The 1928 has the highest mintage of any U.S. Double Eagle, Liberty Head or Saint-Gaudens. In fact, it has the highest mintage of any U.S. gold coin of any denomination. It is hardly surprising then that the 1928 is a very common date. It is available in fairly large quantities in all Mint State grades below MS-65. True gems are also relatively common and can be located with no real difficulty. Some extraordinary quality examples of this issue exist, and I have seen quite a few at the MS-67 level and even a small number that graded higher. For the person wanting a nearly perfect Saint-Gaudens double eagle with great "eye appeal," the 1928 is the most likely issue to be available although, admittedly, there really are not all that many examples of this issue, or of any issue in the series, that fall into that category.

From an overall apppearance standpoint, the 1928 is typically one of the best of the series, virtually on par with the 1927 and 1923-D and generally superior to the 1924, 1925 or 1926. The 1928 is always very sharply struck. This issue was clearly minted to a very high quality standard. The surfaces are fully frosty or slightly satiny and the lustre and color are invariably excellent. With such a large number of specimems in existence, color obviously varies rather widely, but the vast majority are a light medium greenish or yellow gold color.

 

Diameter: 34.00 millimeters Designer: Augustus Saint Gaudens Edge: Lettered
Mintage: 8,816,000 Weight: 33.40 grams Metal Content: 90% Gold, 10% Copper
3
1,385
1
4
1,390
8
1,400
10
1,405
12
1,410
15
1,415
20
1,420
25
1,425
1
30
1,430
2
35
1,430
40
1,440
45
1,440
2
45+
1,440
50
1,445
7
50+
1,445
53
1,450
3
53+
1,450
55+
1,480
58+
1,490
1
62+
1,610
18
67+
55,000
2

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 745,000 R-1.3 47 / 49 51 / 54
60 or Better 718,333 R-1.3 48 / 49 53 / 54
65 or Better 67,500 R-2.3 47 / 49 51 / 54

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67+ PCGS grade   Dr. Steven Duckor collection
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade
1 MS67 PCGS grade