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Impressive Gem 1925-D Saint-Gaudens Double Eagle

1925-D $20 MS65 NGC. In a year of moderate production at the Denver Mint, 2,938,500 double eagles were struck in 1925. Apparently, some of these were released into general circulation. However, as had been the case for a number of years, many newly minted 1925-D double eagles were sent to Europe, and remained stored in banks, primarily in Switzerland and France. At one time, the 1925-D was considered a major rarity, much more so than the 1920-S, 1930-S, 1931, and 1932. This was before an unknown quantity was discovered in the 1950s, followed by much larger quantities in Europe in the 1960s. Presently, the '25-D is regarded to be on a par in rarity with the 1924-D, although in finer Mint State grades (MS65 and better), it is slightly rarer, with only a dozen examples certified.
The current offering is a sharply struck Gem with beautiful coloration and lustrous, matte-like surfaces that have a layer of sparkling mint frost over both sides. The carefully preserved surfaces show a few of the scattered trivial nicks common to a coin at this grade level, and one slightly more noticeable mark, a lengthy superficial luster graze beneath LI in LIBERTY, tailing down into the left obverse field. Some very wispy pinscratches are also noted, for the sake of accuracy, in the field area just to the left of the lower torch. All in all, however, on the basis of eye appeal and technical merit combined, this piece seems entirely worthy of its lofty rating, which makes it one of the top dozen examples of its highly respected date and mintmark. Combined PCGS Population and NGC Census: 9 in 65, 3 finer (11/05).
From The Delbert McDougal Set of $20 Saint-Gaudens Coins.(Registry values: N10218) (NGC ID# 26GB, PCGS# 9181)

View all of [The Delbert McDougal Set of $20 Saint-Gaudens Coins ]

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Auction Dates
January, 2006
3rd-7th Tuesday-Saturday
Bids + Registered Phone Bidders: 7
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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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