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$18+ Million Record Sale for the 1933 $20 Saint

June 14, 2021

Sotheby's has sold the 1933 $20 Saint Gaudens again. This is the only example of the 1933 $20 Saint that is legally authorized by the U.S. Government. It sold this time for $18,872,250. While this coin is not in a certified holder, it has been certified on several occasions by PCGS as MS65 and it was also approved by John Albanese at CAC. This coin came from the collection of Stuart Weitzman who purchased it in the 2002 Sotheby's sale for $7.59 million. This is truly a unique coin and can only be owned by one entity at a time; there are no others to collect.
Historical data from the U.S. Mint for the 1933 $20 Saint Gaudens indicates that there were over 400,000 coins originally minted, however, none were released into circulation. At the time, in 1933, a Presidential order was issued preventing banks from releasing the 1933 $20 coins. Two of the coins were sent to the Smithsonian and the rest were designated to be melted. Yet, we know that at least a total of eleven coins missed the melting pot, the current coin, which last sold by Sotheby's in 2002, and another ten coins that were later found in a safe deposit box in a bank in Philadelphia. The latter ten coins were deemed illegal in a court of law and confiscated by the U.S. Government.


The 1933 $20 Gold Saint Gaudens (previously certified as PCGS MS65 CAC) was sold for $18,872,250 by Sotheby's
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Internet bidding was in full swing for last week's Stack's Bowers Galleries Sale from their headquarters in California with some very impressive coins and prices realized. There were numerous highest graded Walkers sold, in grades MS67 & MS68, most with the + and or CAC. Serious money was bid on these top graded coins and the competition created some record prices.
1943 Walking Liberty Half Dollar certified by PCGS MS68+ and CAC

This is the finest recorded Walker for this date; there is one other coin listed in PCGS MS68, but it does not have the CAC approval. This coin brought $120,000, way above our listed price; many of these top grade Walkers brought record prices.


1943 Walking Liberty Half Dollar PCGS MS68+ CAC sold for $120,000 in Stack's Bowers Galleries June 2021 Auction in Costa Mesa, California, June 10-16, 2021
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1944 Walking Liberty Half Dollar certified by PCGS MS68 and CAC

This 1944 Walker is one of the highest graded by PCGS at MS68; this one has the CAC approval, and there are no + certified coins for this grade and there are none graded higher. This coin realized $84,000, again, above most pre-auction estimates. There were many highlights throughout the Stack's Bowers Galleries Sale with noteworthy final bids, some examples are listed below.


1944 Walking Liberty Half Dollar PCGS MS68 CAC sold for $84,000 in Stack's Bowers Galleries June 2021 Auction in Costa Mesa, California, June 10-16, 2021
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| Date/Denomination | Grade | Price Realized |
| 1794 Liberty Cap Large Cent Head of 1794 | PCGS AU58 CAC | $20,400 |
| 1806 Draped Bust Large Cent | PCGS MS63 BN | $19,200 |
| 1877 Indian Cent | PCGS MS65 RD | $26,400 |
| 1909 S Indian Cent | PCGS MS67 RD | $45,600 |
| 1914 S Lincoln Cent | PCGS MS66 RD | $57,600 |
| 1915 Lincoln Cent | PCGS MS67+ RD | $33,600 |
| 1853 Three Cent Silver | PCGS MS67+ CAC | $38,400 |
| 1871 Shield Nickel | NGC PR68 UCAM | $28,800 |
| 1913 S Buffalo Nickel TI | PCGS MS67+ CAC | $15,000 |
| 1804 Draped Bust Dime | PCGS VF35 | $27,600 |
| 1796 Draped Bust Quarter | PCGS VF35 | $33,600 |
| 1921 Standing Liberty Quarter | PCGS MS66 FH | $10,800 |
| 1794 Flowing Hair Half Dollar | PCGS VF30 | $15,600 |
| 1917 S Walking Liberty Half Obverse | PCGS MS66 | $40,800 |
| 1942 Walking Liberty Half | PCGS MS68+ CAC | $78,000 |
| 1942 D Walking Liberty Half | PCGS MS68 CAC | $72,000 |
| 1944 Walking Liberty Half | PCGS MS68 CAC | $84,000 |
| 1945 Walking Liberty Half | PCGS MS68 CAC | $66,000 |
| 1795 Flowing Hair Dollar Two Leaves | NGC AU58 | $50,400 |
| 1922 D Peace Dollar | NGC MS67 | $14,400 |
| 1855 $1 Gold TII | PCGS MS66 | $31,200 |
| 1804 $5 Gold Capped Bust Small 8 | PCGS MS62 | $20,400 |
| 1820 $5 Gold Capped Bust | PCGS MS65+ CAC | $192,000 |
| 1929 $5 Gold Indian | PCGS MS64 | $36,000 |
| 1801 $10 Gold Heraldic Eagle | PCGS MS64 | $102,000 |
| 1859 O $20 Gold | PCGS AU58 | $102,000 |
| 1875 S $20 Gold | PCGS MS64+ | $66,000 |
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After several weeks of strong prices and activity, the metals have taken a hit in the last few trading sessions and Gold fell to under $1,850 in morning trading, and Silver was at $27.75. However, a strong rebound now has Gold at $1,865 and Silver up for the day at $27.95. This week should be interesting are we headed lower or is this a great buying opportunity.

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