1929 $20 MS65 PCGS....

Description

Impressive Gem 1929 Double Eagle
Ex: Morse

1929 $20 MS65 PCGS. The 1929 opens the final segment of the Saint-Gaudens double eagle series, and every issue from this year through 1933 faced near-annihilation during the gold recall of the Roosevelt Administration. While the 1929 is the least rare of this group--some have gone as far as to suggest that the 1929 should be classified in a separate and lesser tier of rarity from its peers--it is still a coveted key date whose appearance at auction is an occasion of note among specialists. MS65 pieces are rare, with only 26 pieces graded by both services, and a mere six coins finer (12/09).
As we also previously wrote, the typical 1929, with its generally sharp strike and fully lustrous and frosty surfaces, exudes considerable eye appeal. The example we offer in this lot fits that bill perfectly. All of the design elements are sharply delineated, though minor softness is noted on portions of the Capitol dome. The frosty surfaces exhibit vibrant luster and are toned in variegated yellow, peach, orange-gold, and lime-green. The surfaces are well preserved, although a few minor marks on Liberty's head and left leg are mentioned for accuracy. While this issue often contains copper stains, only one tiny spot is located beneath the eagle's neck. All in all, this is an immensely appealing Gem.
Ex: The Philip H. Morse Collection of Saint-Gaudens Coinage (Heritage, 11/2005), lot 6707.
From The Five Point Collection.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26GL, PCGS# 9190, Greysheet# 10152)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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