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Lot
4503

1927-S $20 MS62 PCGS....

2008 September Long Beach, CA US Coin Signature Auction #1116

 
Sold for: $36,800.00 (includes BP )
Bid Source: Internet bidder
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You now have the opportunity to acquire very rare items that may not be auctioned again for some time by making an anonymous offer that will make the owner sell. Note that the owner's availability to receive offers has not been verified.
Auction Ended On: Sep 19, 2008
Item Activity: 4 Internet/mail/phone bidders
2,742 page views

Description:

Desirable MS62 1927-S Double Eagle

1927-S $20 MS62 PCGS. Though Mint records show over 3.1 million double eagles produced at San Francisco in 1927, that figure is utterly disconnected from the numismatic reality of today. While it is not of the supreme rarity that characterizes its Denver counterpart, it is nonetheless highly prized and elusive. As recounted in Garrett and Guth: "This tremendous mintage did little to provide coins for future collectors. Virtually the entire mintage was destroyed in the 1930s, leaving just a few hundred around today for collectors to fight over."
Interestingly for an issue that saw little circulation, the 1927-S appears frequently in worn grades, as shown by the NGC Census Report and the PCGS Population Report. In fact, the mean grade for the combined certified population is a mere 60.1, which puts virtually any Mint State coin, including the present MS62 piece, ahead of the curve.
Deep sun-gold shadings prevail on this desirable and satiny 1927-S twenty, though a hint of orange is present on the reverse. It is well struck overall, though the edges show a degree of the usual beveling and the peripheral stars are a trifle soft. A number of wispy abrasions are present in the fields and a handful of small digs appear on the central devices, yet the overall eye appeal is far better than the MS62 grade might suggest. It would make an excellent candidate for most double eagle cabinets, even one that has mainly Select or better pieces. Population: 36 in 62, 42 finer (7/08).(Registry values: N7079) (#9188)

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1152, Lot 4746 Sunday, February 6, 2011 62 PCGS $29,900.00
Auction 1143, Lot 3642 Sunday, August 15, 2010 62 PCGS $27,600.00
View prices realized from this item in other grades (you must be signed in)
PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Previous Prices Reported By Other Auction Firms (Not Verified By Heritage)

Source Date Grade Service Realized
Unconfirmed Monday, January 2, 2006 62 PCGS $35,075.00
Unconfirmed Monday, January 2, 2006 62 PCGS $35,075.00
Unconfirmed Monday, July 25, 2005 62 PCGS $32,200.00
Unconfirmed Thursday, July 22, 2004 62 NGC $33,350.00
Unconfirmed Tuesday, May 4, 2004 62 PCGS $31,625.00
PLEASE NOTE: Heritage has not verified this data, which represents the sale or auction of an item from a third party (and includes the Buyer’s Premium where applicable). All information listed is intended to be as accurate as possible, but it has been taken from sources that may or may not be reliable and errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
61 $30,000 $31,560 $25,250 $23,250 $23,500 $32,500 ---
62 $40,000 $35,940 $28,750 $26,500 $26,750 $39,000 $40,000
63 $60,000 $50,630 $40,500 $36,500 $37,000 $50,000 $57,500
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 3,107,000 Augustus Saint-Gaudens
NGC 62 36 41 121 -
CAC 62 3 6 9 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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