Historic Find! 1927-D Saint-Gaudens Double Eagle Fetches Nearly $2 Million at Auction

The 1927-D Saint-Gaudens Double Eagle is regarded as the rarest US gold coin from the 20th century. In January 2025, a special edition of this coin, graded PCGS MS65+ CAC, was sold for an astonishing $3.84 million (approx. Rs 32 crores), highlighting its immense rarity and historical importance.

History of the 1927-D Saint-Gaudens Double Eagle

This legendary coin was designed by Augustus Saint-Gaudens, one of the most renowned sculptors in history. It was minted between 1907 and 1933, but the 1927-D version, produced at the Denver Mint, is exceptionally rare due to its limited survival.

Key Features of the 1927-D Double Eagle

FeatureDescription
Issue Year1927
Denomination$20 (Double Eagle)
MintmarkD (Denver Mint)
Mintage180,000 coins
Metal Content90% Gold, 10% Copper
Weight33.436 g
Diameter34 mm
Edge Inscription“E PLURIBUS UNUM”
DesignerAugustus Saint-Gaudens

Why is the 1927-D Double Eagle So Rare?

Despite a mintage of 180,000 coins, this coin is now considered extremely rare. The main reason is the 1933 Gold Recall Order issued by the US government, which led to the melting of most gold coins. As a result, only 14 to 15 of these coins are known to exist today, primarily in private collections and museums.

Auction Performance & Notable Sales

The 1927-D Double Eagle has consistently fetched record-breaking prices at auctions, making it a prized possession for collectors and investors alike.

DateGradeAuction PriceAuction House
January 2025MS65+ CAC$3,840,000Great Collections
January 2020MS65+$2,160,000Heritage Auctions
January 2006MS66$1,900,000+North American Certified Trading
August 2005MS67$1,897,500Heritage Auctions

This table clearly demonstrates the steady increase in the coin’s value over the years.

Institutional Collections & Historical Significance

Several prestigious institutions hold 1927-D Double Eagles in their collections:

  • Smithsonian Institution – Houses three specimens for educational and historical research.
  • Connecticut History Museum – Preserves a unique 1927-D Double Eagle, reflecting its historical importance.

FAQs

How many 1927-D Double Eagles still exist?

Only 14 to 15 coins are known to be in private collections and museums today.

Why was most of the 1927-D Double Eagle mintage destroyed?

Due to the Gold Recall Order of 1933, most gold coins were melted and added to the US gold reserves.

What is the highest price ever paid for a 1927-D Double Eagle?

The highest recorded sale was $3.84 million in January 2025

Where can one see a 1927-D Double Eagle?

Institutions like the Smithsonian Institution and the Connecticut History Museum have this coin in their collections.

Who designed the 1927-D Saint-Gaudens Double Eagle?

The coin was designed by renowned sculptor Augustus Saint-Gaudens.

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