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1929 $20 MS65 PCGS. CAC....

Lot: 1955, Auction: 2009 October Signature US Coin Auction #1130

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Ended: Oct 22, 2009
Item Activity: 7 Internet/mail bidders
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Description:

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Exceptional 1929 Double Eagle, MS65

1929 $20 MS65 PCGS. CAC. Like many issues of this era, the 1929 double eagle was produced in large quantities with an extremely low survival rate. Nearly every one of the 1,779,750 coins was later melted, leaving a net population of just a few hundred coins.
At one time the 1929 double eagle was considered a major rarity in the Saint-Gaudens series. With the importation of examples from overseas in recent decades, this issue is available to a wider audience. A single group of about 40 coins was discovered in England in 1984. In A Guide Book of Double Eagle Gold Coins, Dave Bowers writes: "For the first time in modern numismatic history the 1929 is readily available and somewhat affordable (but hardly inexpensive). Now, many collections will end with the 1929 date instead of 1928 as formerly." NGC and PCGS have certified nearly 300 submissions in all grades, but only 32 of those coins grade MS65 or finer. In the 16 years that we have tracked our auctions, we have offered 93 examples of the 1929 twenty, including six offerings of MS66 coins and 18 in MS65, including duplicate appearances of a smaller number of coins.
This bold specimen has a sharp strike with frosty yellow and orange-gold luster. A few minuscule abrasions are evident on each side although they are of no consequence. A lovely piece, this Gem carries exceptional aesthetic appeal. Population: 22 in 65, 5 finer (9/09).
From The Volunteer Collection.(Registry values: N7079) (#9190)

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The Coinage of Augustus Saint-Gaudens: as Illustrated by the Phillip H. Morse Collection
By James L. Halperin, Mark Van Winkle, Jon Amato and Gregory J. Rohan

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 the extraordinary collection of Phillip H. Morse. When Morse's collection was sold in November 2005 it brought $19.2 million with many records broken for both rare and common coins.

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Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1137, Lot 1844 Sunday, February 7, 2010 65 PCGS $80,500.00
Auction 1136, Lot 2336 Sunday, January 10, 2010 65 PCGS $69,000.00
Auction 1136, Lot 2335 Sunday, January 10, 2010 65 PCGS $97,750.00
Auction 1128, Lot 1359 Sunday, August 2, 2009 65 NGC $60,375.00
Auction 1117, Lot 2511 Saturday, October 25, 2008 65 NGC $80,500.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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