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8602

1931-D $20 MS60 PCGS. The 1931-D double eagle started out ...

2003 September Long Beach Signature Sale #330

 
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Auction Ended On: Sep 19, 2003
Item Activity: 9 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Very Rare 1931-D Double Eagle, MS60
1931-D $20 MS60 PCGS. The 1931-D double eagle started out with a respectable mintage of 106,500 pieces. However, the majority of these coins were retained in the Denver Mint and then melted during the gold recall of the Great Depression. As a result, today this issue is one of the premier rarities in the Saint-Gaudens double eagle series, an honor that it shares with other dates such as the 1920-S, 1921, 1927-D, 1927-S, 1929, 1930-S, 1931, and 1932. This piece represents an excellent value for the budget-minded collector. The mint luster is thick and creamy with rich orange-gold coloration. There are also very few marks on the obverse; in fact, were the obverse to be graded by itself it would probably rate MS64. However, the reverse is densely populated with small abrasions, which brings the overall grade of the coin down to MS60. But if one lives by the adage that "the obverse sells the coin," then this piece should find an appreciative audience with gold collectors. Population: 3 in 60, 79 finer (8/03).
From the Davis Collection. (NGC ID# 26GP, PCGS# 9193)

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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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