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Lot
5465

1932 $20 MS65 NGC....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 8 Internet/mail/phone bidders Number of Bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
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1932 Twenty, Problem-Free MS65
One of the Rarest of the End-of-the Series Issues
1932 $20 MS65 NGC. The 1932 double eagle is generally included with the last five collectible issues in the series that also comprise the 1929, 1930-S, 1931 and 1931-D -- and excluding the 1933 issue, for which only a single specimen has uncontested legality of ownership.
Writing in the Numismatic Sun magazine (issue 5) in 2005, prolific author-numismatist Q. David Bowers discusses the Saint-Gaudens double eagles dated from the 1920s and 1930s:

"Because of differences in distribution, double eagles of the 1920s vary widely in their availability today. Those that were sent overseas in bulk are easily collectible today, as many have been repatriated. Issues that were stored in Treasury vaults and later melted, or that were sent overseas in only small quantities, are scarce or rare today. In the category of key issues the 1920-S, 1921, 1927-D (in particular), 1930-S, and a few others are notable.
"As to the double eagles of the 1930s, while some of 1930-S, 1931, and 1931-D may have been exported, it is likely that all of 1932 and 1933 remained stateside. Today, all of those are rare."


Given that the family of Joan Langbord, daughter of Philadelphia jeweler Israel "Izzy" Switt, has lost the recent case against the U.S. Government over ownership of 10 disputed 1933 double eagles -- pending possible appeals -- the 1932 Saint-Gaudens twenty assumes new importance as the last collectible issue of the series.
This lovely Gem has soft mint frost with only the slightest abrasions visible, but a loupe is required to see them. Even, light reddish-gold color covers each side of this exceptional 1932 twenty.
From The Harvey Collection.(Registry values: N7079) (NGC ID# 26GR, PCGS# 9194)

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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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