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Lot
3651

1931-D $20 MS63+ PCGS Secure....

2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143

 
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Auction Ended On: Aug 11, 2010
Item Activity: 7 Internet/mail/phone bidders
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Location:

Hynes Convention Center
900 Boylston Street
Boston, Massachusetts 02115

Description:

1931-D Saint-Gaudens Twenty, MS63+
One of the Great Prizes in the Series
1931-D $20 MS63+ PCGS Secure. Mintmarked Saint-Gaudens twenties in the 1920s and 1930s were hit especially hard by meltings in the mid-1930s. The 1931-D had a mintage of 106,500 pieces, not a large mintage but one that should be sufficient for most collectors to afford an example--that is if most were not melted. But the 1931-D, like the 1930-S, was heavily melted. One indication of how thoroughly the issue was eradicated is the absence of circulated examples. To date (7/10) only three coins have been certified in circulated grades, one AU50 and two AU58s (one at each major service). In mint condition the 1931-D is far from plentiful also. PCGS and NGC have certified a total of 133 pieces in MS60 to two pieces in MS66. Once resubmissions are factored out there are probably no more than 100 individual coins extant.
Whether the 1931-D encountered is frosty or satiny, eye appeal is a constant when one sees an example. This coin has lovely mint frost that has an overlay of incredible reddish-golden color. The combination of luster and color undoubtedly explain the + designation from PCGS. The striking definition is strong except in two areas: Liberty's nose and the center of the eagle's breast. Abrasions are remarkably few for an MS63, the only one of note is a cluster to the right of the head of Liberty. Even though a hoard of 15-20 pieces entered the market more than 20 years ago, the 1931-D is one of the great prizes in the Saint-Gaudens series and one of the keys to the late-dates in the series.(Registry values: N7079) (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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