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Lot
5461

1929 $20 MS62 NGC....

2012 August 2-5 US Coins Signature Auction- Philadelphia #1173

 
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Auction Ended On: Aug 3, 2012
Item Activity: 6 Internet/mail/phone bidders
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Location: Sheraton Philadelphia Downtown Hotel
201 North 17th Street
Philadelphia, PA 19103

Description:
Softly Frosted 1929 Double Eagle, MS62
Lightly Abraded for the Grade
1929 $20 MS62 NGC. Once considered a great rarity, the 1929 Saint-Gaudens is still relatively scarce compared to other issues in the series. Slightly more than 300 submissions, including certainly many duplications, have been graded by the two major services in Mint State. This is a beautiful piece with softly frosted luster and lovely yellow-green coloration. The scattered small abrasions on either side seem minimal for the grade.
The 1929 is the first of a series of scarce dates at the end of the Saint-Gaudens double eagle series. While this issue is the least rare of this group, it is still a coveted date among specialists. Only a minuscule percentage of the nearly 1.8 million pieces minted survived the recall of gold coinage in the 1930s.
Ex: Dallas Signature (Heritage, 10/2006), lot 3655, which brought $46,150.
From The Harvey Collection.(Registry values: N4719) (NGC ID# 26GL, PCGS# 9190)

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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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