Jeff Garrett:The mintage for this issue is astounding considering that it is quite scarce today. This is a date that suffered tremendously from the massive meltings of gold coins in the 1930s. At one time is was considered one of the prime rarities for the series ranking along side the 1920–S, 1929, and 1930s issues. Small hoards of the date have surfaced continually over the years. This issue is now scarce, but collectible. Most seen grade MS 62 to MS 64. Gems are rare and only a few have been graded as MS 66. Production quality for the issue is high and luster and strike are not a problem for the issue. Some examples seen have a noticeable die bulge on the obverse and the rims are somewhat rounded. The Smithsonian collection contains a single MS 62 example.