1925-S $20 MS64 PCGS....

Description

1925-S Double Eagle, MS64
A High-End Example of This Scarce Issue

1925-S $20 MS64 PCGS. In their gold coin Encyclopedia, Garrett and Guth write: "The tremendous mintage reported for the 1925-S double eagle should be disregarded, as most of this issue ended up being melted in the 1930s." The "tremendous mintage" is not an overstatement. There were 3.77 million examples struck of the 1925-S in 140 deliveries, from January 2 through July 23. In 1947 when Dr. Charles Green was researching Mint records, he was told by Assistant Mint Director Leland Howard that 454,700 1925-S twenties had been released by the San Francisco mint. Later in the year (after October) he saw the actual Cashier's Daily Statements, which showed that only 360,500 San Francisco twenties dated 1925 had been released. No explanation was ever given for the discrepancy of the 94,200 coins.

Recent research by Roger Burdette suggests that only about 1,500 examples survive in all grades, many originating in European or South American hoards and others distributed domestically through the Mint Cashier. This Choice example is among the finer Mint State pieces known and is conditionally rare in this grade. Gem and finer coins are rare, far out of reach for even many well-heeled collectors. The coin is satiny and lustrous with yellow-gold surfaces. Slight weakness is seen on the top of the torch, but the strike is otherwise bold. Only a few faint grazes on the high points of the design elements limit the grade. Population: 25 in 64 (4 in 64+), 6 finer (11/22).
Ex: Long Beach Signature (Heritage, 9/2017), lot 4098, where it sold for $33,600.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26GC, PCGS# 9182, Greysheet# 10181)

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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