1927-S $20 AU55

CERTIFICATION#: -35706
PCGS#: 9188

Owner's Comments

PCGS grade. Ex. Donner (1956) Sold by David Akers Numismatics Oct '97 Price realized $8800

Expert Comments

David Akers (1975/88): Four decades ago, the 1927-S was considered to be the fourth rarest issue of the series after the 1924-S, 1926-D and 1926-S (in that order). It was thought to be more rare than the 1920-S or 1921 and even the 1927-D. Over the next 20 or so years, one or a few specimens at a time showed up in shipments of double eagles from Europe, but I do not recall ever hearing of any "hoards" or even a single roll quantity of this issue being discovered. Some real gems of this issue are known and I have seen two or three examples that were distinctly better than MS-65, i.e. MS65+ if not MS-67.

The 1927-S is usually very sharply struck with fully frosty or somewhat satiny surfaces and very good to excellent lustre and color. Some specimens have very rounded or beveled rims and many show evidence of die bulging or die deterioration near the borders. Die breaks are commonplace and on some soecimens they are very prominent. (One variety has a large semicircular die break running along the bottom of RTY through the olive branch to the date.) The typical 1927-S is a rich greenish gold and orange or coppery color. Copper stains are very common on this issue.

 

 

Diameter: 34.00 millimeters Designer: Augustus Saint Gaudens Edge: Lettered
Mintage: 3,107,000 Weight: 33.40 grams Metal Content: 90% Gold, 10% Copper
40
9,500
1
45
10,500
1
45+
10,750
50+
15,500
53
17,500
1
53+
18,000
55+
20,500
58+
23,500
62+
36,500
1
63+
57,500
64+
100,000
65+
200,000
1
66+
265,000

Rarity and Survival Estimates

Grades Survival Estimate Numismatic Rarity Relative Rarity by Type Relative Rarity by Series
All Grades 225 R-6.7 9 / 49 9 / 54
60 or Better 160 R-7.4 8 / 49 TIE 8 / 54 TIE
65 or Better 20 R-9.1 10 / 49 TIE 10 / 54 TIE

Condition Census

Pos Grade Thumbnail Pedigree and History
1 MS67 PCGS grade

Museum of Connecticut History - Heritage 6/1995:6027, $181,500 - Philip Morse - Heritage 11/2005:6698, $345,000 - Heritage 2/2006:13724, not sold - sold privately to Dr. and Mrs. Steven L. Duckor Collection - Heritage 1/2012:4645, $276,000 - Heritage 8/2012:5460, $282,000 - Heritage 1/2013:5966, $340,750

1 MS67 estimated grade  

National Numismatic Collection at the Smithsonian Institution

3 MS66 PCGS grade   Dr. Thaine Price - David Akers 5/1998:116, $132,000
3 MS66 PCGS grade

Bowers & Merena 7/2002:931, $97,750 - Kutasi Collection - Heritage FUN 1/2007:3304, $172,500 - Heritage ANA 8/2007:2084, $184,000 - Jay Brahin - Heritage FUN 1/2010:2334, $276,000

3 MS66 estimated grade