:
|
Lot 2370 |
1932 $20 MS66 PCGS....
2010 April-May Milwaukee, WI CSNS US Coin Auction #1139
|
Bid Information
For your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.Minimum Next Bid
Bid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the Current Bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a Cut Bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment.Internet bids are required only to bid the increment past the Current Bid, or more. Internet bids greater than one increment over the Current Bid can be any whole dollar amount.
It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
Number of Bidders
This number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.Status
Reserve (If Any) Not Posted Yet:
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.
Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
No Reserve:
This lot is being sold without a consignor reserve.
(Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserve Met:
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Minimum Bid:
Lots bearing bidding estimates shall open at Auctioneer's discretion (approximately 25% to 60% of the low estimate).
What's This?
Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
What's This?
The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.Our Auction Results Archives now allow our members to make anonymous offers on items that may not be auctioned again for some time. Please note that the winner of this Heritage auction lot may or may not still own this item and may or may not be willing to sell.
This Make Offer to Owner (MOTO) program is still in the Beta Test phase, and we would appreciate any suggestions to help us improve our system. Please email your suggestions to Webmaster@HA.com.
Heritage retains 10% of the total price as its commission (compared with a 12%-25% Buyer's Premium charged on auction transactions), from which Heritage absorbs all credit card/PayPal costs. This service is free to the buyer (no Buyer's Premium), includes a 7 day return policy, and protects the identity of both parties. Because no Buyer's Premium is charged on Make Offer to Owner transactions, auction consignment discount coupons are invalid.
Our software allows offers and counter-offers, but we suggest making your best offer the first time as most owners will not respond to low offers at all. You will receive a response or no-response email from Heritage within 72 hours.
BP - Buyer's Premium
A Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $14) per lot. Please see #2 in our Terms & Conditions.Not Sold
This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.Opening Bid
The opening bid is the minimum amount required to begin bidding, and is generally a percentage of the low estimate.
| Sold for: |
$126,500.00
(includes BP  ) Bid Source: Internet |
| Auction Ended On: | Apr 29, 2010 |
| Item Activity: |
7 Internet/mail/phone bidders
6,699 page views |
Description:
Key 1932 Twenty Dollar, MS66
Tied for Finest Certified
1932 $20 MS66 PCGS. The 1932, representing the last readily collectible Saint-Gaudens double eagle, is one of the most desired issues in the series. Estimates vary on the number of survivors out of the original 1,101,750-piece mintage. Walter Breen writes in the Complete Encyclopedia of U.S. and Colonial Coins that possibly 22 to 25 examples exist, almost all Uncirculated. David Bowers, in the Guide Book of Double Eagle Gold Coins, estimates that between 60 to 80 coins are extant. David Akers, in his cataloging of the Gem Uncirculated 1932 twenty dollar gold piece from the Dr. Thaine Price Collection, gives a similar estimate of surviving examples (see below).Akers presents an in-depth assessment of the rarity status of the 1932 double eagle:
"... A number of years ago, it was, for some reason, fashionable to consider the 1932 double eagle the rarest of the late date Saint-Gaudens double eagles, and the 1932 often sold for a significant premium over the prices realized by the other issues. That situation has been corrected, however, and now it is generally agreed that the 1932 is more rare in terms of the total number of specimens known than only the 1929 and 1931-D. There are certainly fewer 1930-S double eagles in existence than there are 1932, and the 1931 also seems to be a little more scarce than the 1932 in terms of population rarity. With respect to condition rarity, however, the situation is a little different. The 1932 is slightly more rare than the 1931 in Gem Uncirculated condition, but less rare than the 1931-D and even the 1929. (The 1930-S is the uncontested late date champion in terms of both population rarity and condition rarity.) Perhaps as many as 70-80 examples are known of this issue. Most are quite nice and many of them grade Very Choice Uncirculated, or at least Choice Uncirculated. True Gems, however, are very rare with approximately 13-16 pieces known."
Of the 142 1932 specimens that have been seen by PCGS and NGC to date, all are in Mint State, particularly in MS64 and MS65 (88 pieces). In MS66 there have been 22 coins certified MS66, and none finer. The frequency of appearance of 1932 double eagles at auction more or less reflects the PCGS/NGC population data. MS64 and MS65 pieces have made slightly over 40 appearances within the last 17 years, while MS66-graded specimens have appeared 18 times over the same time period. Undoubtedly there are numerous repeat offerings included in these numbers.
An overall strong strike on the current MS66 specimen shows good definition on Liberty's facial features and fingers, and on the eagle's plumage. The creamy, frosty surfaces display attractive hues of greenish-gold highlighted with an occasional splash of orange, and radiate pleasing luster. There are no contact marks worthy of individual mention. A small alloy spot on the lower left obverse between the eighth and ninth rays that are located close to the gown may help in identification of the coin. Population: 8 in 66, 0 finer (2/10).
From The Carter Family Collection.(Registry values: N10218) (#9194)
View Entire Collection
View large image(s) of this item
Shipping Description: Coins & Currency (view shipping information)
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.
Order Now! Just $95
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1166, Lot 4652 | Sunday, January 8, 2012 | 66 | PCGS | $184,000.00 |
| Auction 1143, Lot 3653 | Sunday, August 15, 2010 | 66 | PCGS | $126,500.00 |
| Auction 1114, Lot 2133 | Sunday, August 3, 2008 | 66 | NGC | $126,500.00 |
| Auction 336, Lot 3279 | Saturday, January 10, 2004 | 66 | NGC | $71,875.00 |
| Auction 308, Lot 9404 | Saturday, January 11, 2003 | 66 | NGC | $58,650.00 |
| 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.
|
||||
BP - Buyer's Premium
A "Buyer's Premium" is charged in addition to the successful bid according to the rate defined in our terms and conditions.Price Guide*
| Grade | Coin World (Coin Values) |
Numismedia Retail |
Numismedia Wholesale |
Numismedia NGC (nmn) |
Numismedia PCGS (nmp) |
PCGS Price Guide |
PCGS+ |
|---|---|---|---|---|---|---|---|
| 65 | $100,000 | $108,130 | $86,500 | $77,500 | $80,000 | $110,000 | $120,000 |
| 66 | $145,000 | $169,000 | $130,000 | $110,000 | $117,500 | $170,000 | $220,000 |
| 67 | --- | --- | --- | --- | --- | --- | --- |
| *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 | 1,101,750 | Augustus Saint-Gaudens | ||||
| NGC | 66 | 9 | 0 | 67 | - | ||
| CAC | 66 | 2 | 0 | 4 | - | ||
| *This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions. | |||||||
Find Auction Prices for Comparable Items:
Photographs:
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f3%2f3%2f4%2f5334783.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f3%2f3%2f4%2f5334785.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f3%2f8%2f3%2f5383255.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
![](javascript:popUpBigPic("/common/view_image_only.php?img=" + encodeURIComponent("http://images.ha.com/lf?source=url%5bfile%3aimages%2finetpub%2fnewnames%2f300%2f5%2f3%2f8%2f3%2f5383256.jpg%5d%2ccontinueonerror%5btrue%5d&source=url%5bfile%3aimages%2finetpub%2fwebuse%2fno_image_available.gif%5d%2cif%5b%28%27global.source.error%27%29%5d&sink=preservemd%5btrue%5d"));)
We changed the way we image slabbed coins on February 1, 2010, in order to get a more accurate image of the coin. To get the sharper details and more accurate colors we have focused the lighting on the actual coin, which has caused the top of the holders to appear darker and milky. Please disregard the color of the holders when examining the images.
Videos:
Company Info
Help
3500 Maple Avenue, 17th Floor
Dallas, Texas 75219-3941
1-800-872-6467 / (214) 528-3500 / Fax: (214) 409-1425
Plan a Visit to Heritage
Copyright © 1999-2012 Heritage Auctions, Inc. | All Rights Reserved
