1925-S $20 MS63 PCGS....

Click the image to load the highest resolution version.

Sold on Jan 7, 2010 for:

$16,100.00 Bid Source: Internet bidder

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

1925-S Saint-Gaudens Double Eagle, MS63

1925-S $20 MS63 PCGS. For many later issues in the Saint-Gaudens double eagle series, there is simply no relationship between the size of the original mintage and the availability of the coins today. The 1925-S is a case in point. In the Thaine B. Price Collection (Akers, 5/1998), lot 110, David Akers expounds:

"Despite its extremely high mintage of 3,776,500 pieces (third highest mintage of the series after only the ultra-common 1924 and 1928) the 1925-S is one of the major rarities in the series and has long been regarded as such.-- Also, unlike most of the other rare mintmarked issues of the 1920's, the 1925-S is actually seen more often in high grade circulated condition than it is in mint state condition, meaning that the 1925-S Double Eagles were put into circulation and not just stored as gold reserves the way most other $20 issues were."

Akers' statement about the unusual availability of circulated examples is explained by the research of Dr. Charles Green, which shows that 454,700 1925-S double eagles were actually released into circulation, while the balance of the large mintage was melted after the Gold Recall of 1933. In A Guide Book of Double Eagle Gold Coins, Q. David Bowers estimates a surviving population of 600 to 1,000 examples of the date in all grades today.
The present coin is an attractive specimen, with thick, frosted mint luster and even orange-gold color throughout. A few small abrasions in the fields and on Liberty's face are consistent with the grade. Population: 77 in 63, 25 finer (11/09).
From The Ralph P. Muller Collection.(Registry values: N4719)

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.

View all of [The Ralph P. Muller Collection ]

View Certification Details from PCGS