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Lot
7716

1921 $20 MS62 NGC. Despite a seemingly substantial ...

2004 January Long Beach Signature Sale #342

 
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Auction Ended On: Jan 30, 2004
Item Activity: 8 Internet/mail/phone bidders Number of Bidders
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Description:
Extremely Challenging 1921 Double Eagle MS62
1921 $20 MS62 NGC. Despite a seemingly substantial mintage of 528,500 pieces, the 1921 is one of the premier condition rarities among collectible Saint-Gaudens Double Eagles. Unlike most of the key issues from the 1930s, the 1921, when encountered, is not guaranteed to grade Mint State, perhaps an indicator that small quantities were released at the time of issue and the majority were kept from commercial channels until the gold recall 12 years later. In fact, this issue's extant population is almost evenly divided between circulated and Mint State representatives.
Both sides of this lustrous, frosty survivor are accented in delicate rose patina that is most evident in the reverse fields. A liberal amount of small contact marks are seen on the obverse, but are significantly less numerous on the reverse. The strike is typically bold and a few pinpoint areas of discoloration (perhaps from grease on the die) are located within the folds of Liberty's gown. There is a reverse die break (as struck, and not uncommon for the type) through the eagle's beak. Last year's FUN Sale featured a PCGS certified MS62 that fetched an impressive $62,100. A coin that would fit nicely into any advanced collection of certified U.S. gold. Population: 17 in 62, 8 finer (11/03).
From a Magnificent Collection of Double Eagles. (#9172) (Registry values: P1, N47000) (NGC ID# 26G2, PCGS# 9172)

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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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