1922 $20 MS66 PCGS. CAC....

Description

Subtly Patinated MS66 1922 Twenty

1922 $20 MS66 PCGS. CAC. The 1922 Philadelphia double eagle, with a mintage of nearly 1.4 million pieces, largely escaped the gold recall order of 1933. The principal reason for this, according to David Bowers (2004), was that "Vast quantities of 1922-dated double eagles were exported in the 1920s (presumably to Europe) and remained there until after World War II." Consequently, the 1922 is common through the MS64 grade level. MS65 coins become a bit more difficult, but are available with a little patience and searching. There is a precipitous drop, however, in the certified population from Gem to MS66 (specifically, from more than 1,200 MS65 coins to only 15 MS66 pieces), with none finer having been seen by either grading service (6/08).
This beautiful example displays pretty apricot-gold patina with subtle greenish tints and exceptionally attractive luster. A well-executed strike shows strong definition on Liberty's face, fingers, and toes, and on the eagle's breast feathers. The surfaces have a frosty finish, and are well preserved. A few "chatter" marks on the lower part of the torch may help to identify the piece.
From the Stephen Stokely Collection, Part Five.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26G3, PCGS# 9173, GSID# 10145)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 1,375,500

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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