Lot 2006

1930-S $20 St. Gaudens. Sharpness of MS-60 but one bagmark was removed. Careful examination reveals a small bagmark was removed left of the branch on the obverse, then that area was acid treated to simulate natural luster. The work was done by an expert and is scarcely detectable, even with a strong glass or microscope. Another area near the torch may also have been carefully repaired, but the work is so well done that the only evidence is a slight change in the color and luster in that area. The entire surfaces were then expertly cleaned. What is remarkable, is that this coin has the appearance of a near gem, with otherwise pristine fields, devices and rims. The strike is sharp and complete, and any collector who takes the time to study this coin will find very little wrong with it and lots of appeal.
As stated by Breen, perhaps 25 survive, almost all from European banks in the 1960s, and nearly all in varying grades of mint state. PCGS has only graded 24 of this date in their years of grading and regrading coins, so don't expect to find several to choose from in the near future. We feel this coin will do very well in spite of its minor problems, as these are greatly overshadowed by its rarity and overall quality.