The 1927 P Double Eagle Saint Gaudens in PCGS MS-61 is a collectible gold coin from the Saint Gaudens series, minted at the Philadelphia Mint. This coin features the stunning and iconic design by Augustus Saint-Gaudens, with the obverse depicting Lady Liberty holding a torch and an olive branch, and the reverse showing a soaring eagle in flight.
Made of 90% gold and weighing 33.436 grams (1.075 ounces), the coin is valued for both its historical design and its gold content. The PCGS MS-61 grade indicates that the coin is in Mint State, meaning it has never been circulated, but may show some minor imperfections such as light contact marks, hairlines, or slight scuffing. Despite these imperfections, the coin retains its strong luster and sharp design, offering an appealing example for collectors.
The 1927 P Double Eagle is particularly significant because it is part of the Saint Gaudens series, which is widely regarded as one of the most beautiful and important coin designs in U.S. history. While the 1927 P is not as rare as some other dates in the series, it remains highly desirable, particularly in Mint State condition, as it provides collectors with a high-quality example of U.S. gold coinage from the early 20th century.
The PCGS MS-61 grade makes this coin a more affordable option for collectors seeking a high-quality example of the Saint Gaudens Double Eagle without paying the premium prices associated with higher grades like MS-62 or MS-63. Its historical significance, design beauty, and affordability make it a solid choice for those looking to add a key piece of U.S. coinage to their collection.