  For the first time high-resolution optical spectroscopy of the variable star
V2324Cyg associated with the IR-source IRAS20572+4919 is made. More than 200
absorption features (mostly FeII, TiII, CrII, YII, BaII, and YII) are
identified within the wavelength interval 4549-7880AA. The spectral type and
rotation velocity of the star are found to be F0III and Vsini=69km/s,
respectively. HI and NaID lines have complex PCyg-type profiles with an
emission component. Neither systematic trend of radial velocity Vr with line
depth Ro nor temporal variability of Vr have been found. We determined the
average heliocentric radial velocity Vr=-16.8\pm 0.6km/s. The radial velocities
inferred from the cores of the absorption components of the H$\beta$ and NaI
wind lines vary from -140 to -225km/s (and the expansion velocities of the
corresponding layers, from about 120 to 210km/s). The maximum expansion
velocity is found for the blue component of the split H$\alpha$ absorption:
450km/s for December 12, 1995. The model atmospheres method is used to
determine the star's parameters: Teff=7500K, log g=2.0, $\xi_t$=6.0km/s, and
metallicity, which is equal to the solar value. The main peculiarity of the
chemical abundances pattern is the overabundance of lithium and sodium. The
results cast some doubt on the classification of V2324Cyg as a post-AGB star.
