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Lot
3623

1921 $20 AU58 PCGS. CAC....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 8 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:

Near-Mint 1921 Saint-Gaudens Twenty
Rare, In-Demand Key Date
1921 $20 AU58 PCGS. CAC. The 1921 Saint-Gaudens double eagle is one of the rarest dates of the series, especially in high grades. To quote Q. David Bowers from his series reference on double eagles:

"The 1921 is a classic rarity in the series. Few specimens are known, and many of those are in circulated grades. True gems are exceedingly rare. While some have sneaked into the market in recent years, and offerings of the past decade are more numerous than in earlier times, no quantities of hundreds or more Mint State pieces have turned up, unlike the case for certain former rarities later in the decade. For the well-moneyed specialist the 1921 is one of the supreme challenges of this decade."


The 1921 double eagle established itself as a rarity before the other rare issues of the series were appreciated. Examples have realized strong prices since the first offerings of the issue in the late 1930s. Today, the finest known pieces are million-dollar coins, and circulated examples bring lofty prices, as well. The AU58 coin offered as lot 4184 of the FUN Signature (Heritage, 1/2009), realized $69,000.
The elusive nature of high-grade examples makes a nice near-Mint piece, such as the coin offered here, an appropriate choice for most collectors. The present coin is an attractive near-Mint specimen with vibrant, frosty mint luster, and pleasing orange-gold surfaces. The striking details are sharp, and only the slightest touches of wear are evident on the high points of the design. A few hairline die cracks are evident through the letters of LIBERTY, as frequently seen on this issue. The eye appeal of this piece is outstanding. Population: 26 in 58, 42 finer (6/10).(Registry values: N7079) (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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