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Sharp MS63 1932 Double Eagle

1932 $20 MS63 PCGS. The mintage of slightly over 1.1 million pieces, like that of numerous issues late in the Saint-Gaudens series, proves meaningless. The federal gold recall, combined with excess inventory of double eagles of previous issues, ensured that the vast majority of the 1932-dated coins never left government control. Only a tiny fraction of the production run, many of which were ordered singly by those who desired examples of recent issues, survives today. This is in marked contrast to the eagle issue of the same year, which, though also melted heavily, is readily available to collectors of almost any budget.
Representatives of this noted issue, the final collectible Saint-Gaudens double eagle, trade only infrequently. Garrett and Guth (2006) lavish praise on the 1932 twenty: "As one of the great rarities of the series, any 1932 double eagle will always bring considerable attention."
This Select exemplar should attract the attention of series specialists. The devices are well-defined overall, and the apricot-gold and sun-yellow surfaces offer strong luster with just a hint of satin. Though abrasions appear above Liberty's branch arm and on her legs and gown, the reverse is clean, and the coin as a whole retains significant eye appeal for the grade assigned. The present piece represents a significant opportunity to own one of the most elusive and challenging Saint-Gaudens double eagle issues, a date that is more challenging than the combined certified population might suggest. Population: 8 in 63, 59 finer (11/08).(Registry values: N7079) (NGC ID# 26GR, PCGS# 9194)

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Auction Dates
January, 2009
Internet/Mail/Phone Bidders: 4
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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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