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Description

1926-D Twenty, MS63
An Enduring Scarcity in the Series

1926-D $20 MS63 PCGS. CAC. While other issues in the Saint-Gaudens series, such as the 1922-S and 1926-S, were once considered great rarities, over the past 50 years substantial hoards of these have been found in European bank vaults. In fact, very few of the rarities from the 1940s and early 1950s have withstood the test of time. However, the 1926-D is one that has. Probably fewer than 300 pieces are extant today in all grades, and the vast majority of those are MS62 or less. When writing the reference on the ten Indians and Saint-Gaudens twenties in the Morse Collection, we compared the 1926-D to the 1925-S, an issue that is similarly unavailable in the better grades of Uncirculated. However, one striking dissimilarity between the two issues are the large number of circulated 1925-S twenties that are known. Apparently an effort was made to actually circulate that issue, but only a couple of dozen circulated 1926-D twenties are known.
As initially indicated from the CAC sticker, this is a premium coin for the grade. Much of this comes from the subtle interplay of reddish-golden and lilac color on each side. The surfaces are also remarkably clean for the MS63 grade. The only marks of any note are a diagonal series of shallow abrasions that trails down to Liberty's right (facing) arm from the T in LIBERTY. A short, diagonal abrasion is also located just below the bottom of the R in LIBERTY. Sharply defined as well, the only area of softness is seen on the Capitol building, but this appears to be a trait common to most 1926-D twenties.
Ex: ANA Signature (Heritage, 7-8/2008), lot 2122.(Registry values: N7079) (NGC ID# 26GE, PCGS# 9184)

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Auction Info

Auction Dates
January, 2012
3rd-8th
Internet/Mail/Phone Bidders: 5
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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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