LOT #3939 |
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1921 $20 AU58 NGC....
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Sold on Jan 12, 2023 for:
$87,000.00
Bid Source: HA.com/Live bidder
Description
1921 Dollar Saint-Gaudens Twenty Dollar, AU58
Rare in All Grades and Infrequently Offered
1921 $20 AU58 NGC. With more than a half-million pieces
struck, why are 1921 twenties so difficult to find? Roger
Burdette's response in his Saint-Gaudens Double Eagles
explains it beginning with the 179 coins transferred to the
Philadelphia Mint Cashier after the last delivery:"These were residual coins from a partial bag that did not get moved to the vault at the end of December. At the end of February 1922 the Cashier received another 403 coins leftover from the pyx. If this quantity of double eagles was not required for daily use, the Cashier would have put 250 in a bag and added them to uncurrent gold in the main vault, leaving only 153 pyx coins in his cash. It appears these two small groups of coins, totaling only 332 or 582 pieces, were the only 1921 double eagles to survive."
The result was a meager survivorship of only 175 coins in all grades. To be certain, there are several high-grade, and high-visibility, 1921 twenties known; coins that were undoubtedly from the 403 leftover pyx coins. But any 1921 is really a high-visibility coin and a double eagle that will undoubtedly be needed in multiple collections of this always-popular series. It is always interesting to note who did not have a certain rarity. One obvious omission is the Connecticut State Library. Mint Curator Louis Comparette was the go-between for the State Librarian George Godard for coinage each year. Godard recognized the rarity and value of the 1921 Saint in early 1922, and when offered an example, rather than sell it to the library, he kept it for his own account.
The rarity of the 1921 precludes any general statements about what type luster to expect. This particular coin retains significant mint frost with just a touch of friction over the high points. Both obverse and reverse are remarkably free from abrasions. This is a significant coin for the advanced collector of this popular series. Census: 21 in 58, 41 finer (11/22).
From The 712 Collection. (Registry values: N7079)
Coin Index Numbers: (NGC ID# 26G2, PCGS# 9172, Greysheet# 10144)
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.
View all of [The 712 Collection ]
Auction Info
2023 January 11 - 15 FUN US Coins Signature® Auction #1356 (go to Auction Home page)
Auction Dates
January, 2023
11th-15th
Wednesday-Sunday
Bids + Registered Phone Bidders: 41
Lot Tracking Activity: N/A
Page Views: 475
Buyer's Premium per Lot:
20% of the successful bid per lot.
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