Flashback to January 20

American History

2005

At the Long Beach Coin, Stamp & Collectibles Expo, a US $20 gold coin, 1927-D PCGS MS-66 sells for US$1.65 million.

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At the Long Beach Coin, Stamp & Collectibles Expo on 6/2/2005, an extraordinary US $20 gold coin from 1927-D was sold for an astonishing US$1.65 million. This rare coin, graded PCGS MS-66, has made headlines in the numismatic world due to its exceptional condition and incredible value. Let’s take a closer look at this remarkable event.

The Long Beach Coin, Stamp & Collectibles Expo is a popular gathering for enthusiasts and collectors from all over the United States. Held multiple times a year, this expo showcases a wide range of rare and valuable items, including coins, stamps, and other collectibles. It provides an opportunity for collectors to meet dealers, browse through unique merchandise, and participate in auctions.

On 6/2/2005, one of the most significant moments in the history of this expo occurred when the 1927-D US $20 gold coin crossed the auction block. What made this particular coin so special? Well, it goes back to its rarity and exceptional state of preservation.

The 1927-D US $20 gold coin is significant because only a limited number of these coins were ever minted. The “D” in the coin’s denomination refers to the Denver Mint, where it was produced. Despite its relatively low mintage, this coin has captured the attention of collectors for decades due to its beauty and historical significance.

Graded at PCGS MS-66, this particular 1927-D US $20 gold coin is considered to be in superb condition. PCGS, or Professional Coin Grading Service, is widely recognized as a leading coin grading company. Their grading system ranges from 1 to 70, with 70 representing a perfect coin. With a grade of MS-66, this coin is exceptionally well-preserved, showcasing the original luster and minimal signs of wear.

The sale price of US$1.65 million is a testament to the rarity and desirability of this coin among collectors. The strong bidding at the auction and the final sale price reflect the intense competition among collectors who vied to own this exceptional piece of numismatic history. It’s important to note that the value of rare coins can fluctuate over time, influenced by various factors such as market demand, condition, and historical significance.

For both seasoned collectors and newcomers to the hobby, the sale of the 1927-D US $20 gold coin provides a fascinating glimpse into the world of high-value numismatic items. While not every coin carries such a hefty price tag, events like this remind us of the potential value and enjoyment that can be found in collecting rare and historical items.

Whether you’re a passionate collector or just someone with a general interest in coins, events like the Long Beach Coin, Stamp & Collectibles Expo offer a unique opportunity to explore the diverse world of numismatics. From rare coins to ancient artifacts, these expos provide a comprehensive overview of the collectibles market, all under one roof.

the sale of the 1927-D US $20 gold coin at the Long Beach Coin, Stamp & Collectibles Expo marked a significant event in the world of numismatics. With a price tag of US$1.65 million, this rare coin showcased its historical significance, exceptional condition, and its enduring appeal among collectors. It serves as a reminder of the vast world of valuable collectibles and the excitement that can be found within this fascinating hobby.

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