The 1927-D Saint-Gaudens Double Eagle holds the title of the rarest US gold coin of the 20th century. In January 2025, a specimen graded PCGS MS65+ CAC sold for approximately $3.84 million (around Rs 32 crores), further highlighting its extreme rarity and historical importance.
History of the 1927-D Saint-Gaudens Double Eagle
Designed by the famous sculptor Augustus Saint-Gaudens, the Double Eagle series was minted from 1907 to 1933. The 1927-D version, produced at the Denver Mint, stands out due to its incredible scarcity.
| Feature | Description |
|---|---|
| Issue Year | 1927 |
| Denomination | $20 (Double Eagle) |
| Mintmark | D (Denver Mint) |
| Mintage | 180,000 coins |
| Metal Content | 90% Gold, 10% Copper |
| Weight | 33.436 g |
| Diameter | 34 mm |
| Edge Inscription | “E PLURIBUS UNUM” |
| Designer | Augustus Saint-Gaudens |
Why is the 1927-D Double Eagle So Rare?
Despite a mintage of 180,000 coins, the 1927-D Double Eagle is incredibly rare today due to the 1933 Gold Recall Order issued by the US government. This order required citizens to return gold coins to the Treasury, where most were melted down to boost the nation’s gold reserves. As a result, only 14 to 15 known specimens of the 1927-D Double Eagle remain in private collections and museums.
Auction Market Performance and Notable Sales
The 1927-D Double Eagle consistently fetches record-breaking prices at auctions, making it one of the most coveted pieces for collectors and investors.
| Date | Grade | Auction Price | Auction House |
|---|---|---|---|
| January 2025 | MS65+ CAC | $3,840,000 | Great Collections |
| 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 |
The increasing auction prices over time emphasize the coin’s growing value and desirability.
Institutional Collections and Historical Significance
Several prestigious institutions house this remarkable coin, preserving its cultural and historical value:
- Smithsonian Institution: Holds three 1927-D coins, serving as critical pieces for educational and research purposes.
- Connecticut History Museum: Safeguards a unique 1927-D specimen representing local and national historical importance.
Conclusion
The 1927-D Saint-Gaudens Double Eagle is more than a rare and valuable coin—it symbolizes America’s economic, political, and historical landscape. Its rarity, artistic beauty, and historical significance make it a priceless treasure for collectors and investors alike.
FAQs
Why is the 1927-D Saint-Gaudens Double Eagle so valuable?
Its rarity stems from the 1933 Gold Recall Order, which led to the melting of most gold coins. Only 14 to 15 specimens remain today.
Who designed the 1927-D Double Eagle?
The coin was designed by renowned sculptor Augustus Saint-Gaudens.
What makes the 1927-D Double Eagle different from other Saint-Gaudens coins?
It was minted at the Denver Mint, and due to the Gold Recall, very few specimens survived.
How much did the 1927-D Double Eagle sell for in 2025?
In January 2025, a PCGS MS65+ CAC-graded coin sold for $3.84 million.
Where can I view an authentic 1927-D Saint-Gaudens Double Eagle?
Authentic specimens can be found at institutions like the Smithsonian Institution and the Connecticut History Museum.