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Lot
2080

1930-S $20 MS66 PCGS. While the PCGS holder indicates that this coin came from the Pittman Collection, it matches exactly t...

2005 December Dallas Signature Auction #398

 
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Auction Ended On: Dec 13, 2005
Item Activity: 17 Internet/mail/phone bidders
2,359 page views
Location: Dallas, TX
Description:
One Of The Finest Known 1930-S Double Eagles
1930-S $20 MS66 PCGS. While the PCGS holder indicates that this coin came from the Pittman Collection, it matches exactly the double eagle in the Dr. Thaine Price Collection sold by David Akers in May 1998. The identifiers are a diagonal toning streak across the inner elbow of Liberty's outstretched left arm, light gold toning spots beneath the tip of the olive branch, another between the fourth and fifth rays extending from Liberty's left (right facing) side, and one to the left of the lower flowing hair strand. Other toning spot identifiers are located above the IN on the reverse and in the field between the eagle's tail and left wing tip.
We quote portions of Akers' description of the Price Coin: "This is a fabulous coin...maybe even the finest, with its only rivals being the gorgeous Gem from Stack's March 1991 sale, lot 1221, and the coin from the Museum of Connecticut History sold by Heritage as lot 6031 in June 1995. This coin is fully struck with highly lustrous surfaces and sublimely beautiful color, a rich orange gold with a few copper highlights. The surfaces are extremely clean and have just a very slight natural haze, a hallmark of the coin's originality and the fact that it has never been cleaned, dipped or otherwise tampered with in any way....There are some minor contact marks, including one on Liberty's lower right (facing) leg, but the fields are immaculate and generally free of marks or hairlines."
To Akers' description we would add the following. The orange-gold surfaces are imbued with subtle lime-green accents, that are especially prominent on the reverse. The luster is frosted, as is typical for this issue. The long, nearly horizontal die scratch from the obverse rim at 3 o'clock that is seen on most specimens is not present on this coin. It does, however, contain the often-seen die lump inside the 0 of the date.
Of the 74,000 pieces originally struck of this issue, virtually all were later melted in the 1930s, leaving only 35-40 coins extant today in all grades. Of the five collectible dates at the end of the Saint-Gaudens series, the 1930-S is probably the most difficult, surpassing the 1929, 1931, 1931-D, and 1932. As an MS66, it is extremely rare with only three other pieces having been so graded by PCGS, and one by NGC; no finer coins are known (11/05).
From The Phillip H. Morse Collection of Saint-Gaudens Coinage, Part Two.(Registry values: N1) (NGC ID# 26GM, PCGS# 9191)

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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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