LOT #1937 |
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1925-S $20 MS66 NGC....
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Sold on Oct 23, 2009 for:
$149,500.00
Bid Source: Live: Phone bidder
Description
Exceptional 1925-S Twenty, MS66
1925-S $20 MS66 NGC. The 1925-S Saint-Gaudens double eagle is one of the prime condition rarities in the series. NGC and PCGS have combined to grade just two pieces in MS66 and three in MS67, according to current population data. Revising David Akers' reference on 20th century gold coins, Jeff Ambio writes: "The 1925-S is the only mintmarked Double Eagle from the 1920s that is easier to obtain in circulated grades than Mint State." The rarity of this issue is especially fascinating as the 1925-S has the third highest mintage of any Saint-Gaudens double eagle. Dave Bowers also comments on this issue in his Guide Book of double eagles: "The 1925-S is a sleeper. The large mintage belies the rarity of this coin. The population of 1925-S double eagles is about evenly divided between high grade worn pieces and lower level Mint State examples."The two finest survivors are the Norweb specimen that was later part of the Dr. Thaine Price collection, a coin that PCGS has graded MS68, and the Phillip H. Morse specimen that PCGS graded MS67. NGC has also certified a higher grade MS67 example. The present specimen, NGC certified MS66, ranks next in line, and is tied for fourth finest known, to the best of our knowledge. This Premium Gem has a bold strike with excellent definition on both sides, although there is slight weakness at the lower obverse, as seen on many survivors. The rims are somewhat beveled as usual for S-Mint twenties from the decade. The surfaces have brilliant yellow luster with a satin texture. Faint traces of pinkish-orange toning are visible, with green-gold peripheries. The surfaces are nearly perfect and the overall eye appeal of this remarkable double eagle is exceptional.(Registry values: N1)
Coin Index Numbers: (NGC ID# 26GC, PCGS# 9182, Greysheet# 10181)
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.
Auction Info
2009 October Signature US Coin Auction #1130 (go to Auction Home page)
Auction Dates
October, 2009
22nd-24th
Thursday-Saturday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 7,140
Buyer's Premium per Lot:
15% of the successful bid per lot.
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