1916-S $20 MS66 PCGS. CAC....

Description

1916-S Saint-Gaudens Twenty, MS66
Registry Set Contender

1916-S $20 MS66 PCGS. CAC. Ex: Fox. From a substantial mintage of 796,000 pieces, the 1916-S Saint-Gaudens double eagle is only somewhat scarce at the MS66 grade level, but finer coins are virtually unobtainable. This delightful Premium Gem exhibits well-detailed design elements, with just a trace of softness on the Capitol. The virtually flawless orange-gold surfaces radiate vibrant mint luster and outstanding eye appeal. PCGS has graded no numerically finer examples (1/20).

David Akers (2008) Comments:
The rarity of this issue has been understated in the past. It was once thought that the 1916-S was the most plentiful pre-1920 mintmarked issue in the Saint-Gaudens Double Eagle series after only the 1911-D. Several hoards totaling thousands of coins were certainly dispersed during the 1970s and 1980s, the largest of which appears to be a group of 4,000+ pieces that surfaced in El Salvador in 1983. Nevertheless, it can now be said that the 1916-S is rarer than the 1911-D, 1914-D, 1914-S and 1915-S in an absolute sense. Current research also reveals that the 1916-S is rarer than the 1911-D, 1914-S and 1915-S in high grades. Many of the hoard coins were of relatively high quality, nevertheless, and the 1916-S is still a readily obtainable issue in all Mint State grades up to and including MS65. MS66s are scarce, but they are still fairly plentiful by the standards of the pre-1920 Saint-Gaudens Double Eagle series. There are two or three Superb Gems known.
From The Rollo Fox Collection of $20 Saint-Gaudens Gold, Part II. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 26FX, PCGS# 9169, Greysheet# 10174)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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