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Lot
5290

1925-S $20 MS64 NGC....

2012 November 29 - December 2 US Coin Signature Auction - Houston #1177

 
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Auction Ended On: Nov 30, 2012
Item Activity: 8 Internet/mail/phone bidders
1,016 page views
Location: George R. Brown Convention Center
1001 Avenida de las Americas
Houston, TX 77010

Description:
1925-S Saint-Gaudens Twenty, MS64
Prime Condition Rarity
Only Four Numerically Finer Coins at NGC
1925-S $20 MS64 NGC. The 1925-S is much more elusive than its reported mintage of more than 3.7 million pieces would suggest. Most of the large mintage was melted into gold bars and stored at the Fort Knox Bullion Depository after the Gold Recall of 1933. The 1925-S is actually a scarce date in all grades and one of the leading condition rarities of the series. Like the more famous 1921, a significant number of 1925-S double eagles were released into circulation, and the issue is most often seen in AU grades. The 1925-S is the only mintmarked double eagle of the 1920s that is easier to locate in circulated grades than Mint State.
The 1925-S was known as an elusive issue in the 1940s, when collecting large denomination gold coins first became popular in this country. The 1925-S was not considered to be an ultra-rare issue, like the 1924-S, 1926-S, and 1926-D, but it was solidly in the second tier of rarities and, unlike those other dates, few examples of the 1925-S were ever found in the European holdings that began surfacing in the 1950s. While most of the mintmarked issues of the 1920s declined in the rarity ratings over the years, the 1925-S has held its place consistently, down to the present day.
The present coin is an attractive MS64 example, sharply detailed in most areas, with just a touch of softness on the eagle's feathers. A long vertical die crack passes through the eagle's beak on the reverse, but the surfaces show only scattered minor contact marks. The pleasing surfaces are predominately rose-gold with green and orange highlights. Vibrant mint luster adds to the considerable visual appeal. Census: 21 in 64 (1 in 64+), 4 finer (10/12).
Ex: The Bella Collection, #1 NGC Registry Set (Basic Set and One-Per-Date).(Registry values: N7079) (NGC ID# 26GC, PCGS# 9182)

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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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