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1920-S gold highlights Heritage Money Show sale 
A 1920-S $10 Indian gold piece brought $1,725,000 in the Charlotte, N.C., auction conducted March 14-17 by Robert Korver and cataloged by Heritage Auction Galleries.

Graded MS-67 by Professional Coin Grading Service and referred to by sale catalogers as the finest known example of its date, the 1920-S eagle opened at $600,000.

It “quickly passed the million dollar mark with six active bidders – two on the phones and four in the room,” said Korver. “The final three bids involved two floor bidders, both standing in the back of the room, and who were, according to the underbidder, ‘very much aware of each other!’ but unable to see other.”

Korver said $1,725,000 is the second-highest price paid for a regular-issue U.S. coin, noting that $1.897 million is the highest, paid for a 1927-D $20 in 2005.

Consignor of the 1920-S $10 was Dr. Steven Duckor, “who purchased this coin in June 1979 for $85,000,” Korver said. “This is the most important and desirable Saint-Gaudens eagle in existence, and the new owner has a national treasure.”

The overall sale, which was held in conjunction with the American Numismatic Association convention, topped $11 million. All prices reported here include buyers’ fees, which vary from 15 percent for floor bids to a maximum of 22.5 percent depending on bidding method.

Numismatic News and Heritage


1920-S $10 Indian gold - 1920-S gold highlights Heritage Money Show sale

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