The 1927-D Saint-Gaudens Double Eagle is among the rarest U.S. gold coins of the 20th century. In January 2025, a specimen graded PCGS MS65+ CAC sold for $3.84 million, underscoring its exceptional value among collectors.
Understanding the 1927-D Saint-Gaudens Double Eagle
The Saint-Gaudens Double Eagle, designed by sculptor Augustus Saint-Gaudens, was minted from 1907 to 1933. The 1927-D variety, struck at the Denver Mint, is particularly scarce, with estimates suggesting only 14 to 15 examples remain.
Key Specifications:
| Specification | Details |
|---|---|
| Year of Issue | 1927 |
| Denomination | $20 (Double Eagle) |
| Mintmark | D (Denver Mint) |
| Mintage | 180,000 coins |
| Composition | 90% gold, 10% copper |
| Weight | 33.436 grams |
| Diameter | 34 mm |
| Edge | Lettered: “E PLURIBUS UNUM” |
| Designer | Augustus Saint-Gaudens |
Factors Contributing to Rarity
Despite a mintage of 180,000, the 1927-D Double Eagle is exceedingly rare today. This rarity is primarily due to the gold recall of 1933, during which most gold coins, including the 1927-D, were melted down. Consequently, only a handful of these coins have survived in private hands and institutional collections.
Market Performance and Notable Sales
The 1927-D Double Eagle has consistently fetched high prices at auctions, reflecting its desirability among collectors.
Noteworthy Sales:
| Date | Grade | Price Realized | Auction House |
|---|---|---|---|
| January 2025 | MS65+ CAC | $3,840,000 | GreatCollections |
| January 2020 | MS65+ | $2,160,000 | Heritage Auctions |
| January 2006 | MS66 | $1,900,000+ | North American Certified Trading |
| August 2005 | MS67 | $1,897,500 | Heritage Auctions |
These sales highlight the coin’s enduring appeal and investment potential.
Institutional Holdings
Several institutions hold specimens of the 1927-D Double Eagle:
- Smithsonian Institution: Holds three examples, contributing to public numismatic education.
- Museum of Connecticut History: Holds one specimen, enhancing regional historical collections.
The 1927-D Saint-Gaudens Double Eagle remains a pinnacle of numismatic achievement, captivating collectors and investors alike with its rich history and enduring allure.
FAQs
Why is the 1927-D Saint-Gaudens Double Eagle so valuable?
Its scarcity, resulting from the 1933 gold recall, and its high demand among collectors contribute to its substantial value.
How many 1927-D Double Eagles are known to exist?
Estimates suggest that only 14 to 15 examples remain today.
What factors affect the value of a 1927-D Double Eagle?
Condition (grade), provenance, and market demand significantly influence its value.
Are there any 1927-D Double Eagles in public collections?
Yes, institutions like the Smithsonian and the Museum of Connecticut History hold specimens.
