The 1927 St. Gaudens $20 Gold Coin provide many opportunities for numismatists and investors of almost any budget. Some question why the St. Gaudens $20 Gold Coin, that produced such high mintages, is so valuable? The fact is, many 1927 St. Gaudens $20 Gold Coins were returned to the U.S. Mint after their release, and they were subsequently melted.
The St. Gaudens $20 Gold Coin has since been dubbed the most beautiful gold coin the U.S. has ever produced, with a majestic image of Lady Liberty on the obverse and a flying eagle on the reverse. As time moves forward, fewer and fewer of these coins will be available for purchase. Because of that, now is the perfect time to get your hands on Morgan Silver Dollars.
For coins that are almost a century old, like the 1927 St. Gaudens $20 Gold Coin, the condition of the piece is something that is constantly going to be called into question by collectors. Prior to making any purchase, a prospective buyer is going to carefully analyze every surface of the coin looking for even the smallest imperfections.
For most people, the best option is to have Morgans sent away to a professional company in order to be graded. Taking into consideration the fact that this is not an option for everyone, we have provided an outline of the basic coin grades below.
Uncirculated: A coin that is determined to be in Uncirculated condition is one that has spent absolutely no time exchanging hands. These coins will have had their imagery and inscriptions entirely intact and they will take on the look of a brand new coin. For collectors, these are the best coins available.
Extremely Fine: If a coin is determined to be in Extremely Fine condition, the coin is one that was circulated for only a short period of time. Despite not being circulated all that much, these pieces will show some minor signs of damage that can range from scratching to the wearing down of the coin’s surfaces. Collectors also love these coins because they are affordable but also in decent condition.
Fine: If a coin is determined to be of Fine grade, this means that it was circulated for a good bit of time. Despite this, these pieces will not show all that much damage and will appear to have been generally well-preserved. These coins are great for collectors who are looking to put together a complete collection.
Good: Good is the worst grade a coin can receive and is indicative of a piece that has seen its better days. These coins spent a good bit of time in circulation and will show exactly that. From scratching, to chipping, and even the bending of the coin itself, the damage present on these coins is something that cannot be ignored or overlooked.
If you are attempting to determine an accurate price point for a 1927 St. Gaudens $20 Gold Coin, there are a few things you must pay attention to. First, condition is important because no collector wants to add a poorly preserved coin to their collection. For this reason, well-preserved coins will always sell for higher prices than those that have been extensively damaged. Secondly, because multiple types of Gold Coins were minted almost every year, the exact type you own will also play into the asking price. Below exists a chart aimed at giving you a better idea of what you might be asked to pay for a 1927 St. Gaudens $20 Gold Coin given its condition and type.
St. Gaudens $20 Gold Coin
|1927 St. Gaudens $20 Gold Coin||N/A||N/A||$1,475||$1,485|
|1927 St. Gaudens $20 Gold Coin (D)||N/A||N/A||N/A||$475,000|
|1927 St. Gaudens $20 Gold Coin (S)||N/A||N/A||N/A||$14,000||Source: Red Book|