1928 Saint Gaudens Double Eagle
Struck on the eve of the Great Depression, the 8,816,000 double eagles struck at Philadelphia in 1928 proved to be by far the largest mintage for the series and the last readily available issue for the entire series. A significant portion were shipped abroad in international trade while a smaller quantity were paid out domestically. The massive Treasury melts of the 1930s took their toll on the coins that remained. The coins that sat in European and South American vaults fared better since the vast majority of the surviving specimens among those that returned stateside beginning in the 1940s and 1950s are Uncirculated. The issue is readily available up through Gem Mint State and even above, a fortunate situation for today's quality conscious collectors.
The example to the left was sold by Stack's Bowers Galleries in the Spring 2023 Showcase Auction, where it realized $38,400.