LOT #5633 |
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1924-D $20 MS64 PCGS. CAC....
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Sold on Nov 1, 2016 for:
$15,275.00
Bid Source: Live: Phone bidder
Description
1924-D Twenty, CAC-Approved MS64
Sought-After Denver Rarity
1924-D $20 MS64 PCGS. CAC. Personnel at the Colorado branch
mint accomplished a large production of more than 3 million double
eagles in 1924, approaching that of their Philadelphia
counterparts. Yet the D-mint coins are among the scarcest in the
series, while the 1924-P is the most frequently encountered issue
across all grade levels. The difference: all but 13,012 1924-D
double eagles were melted under the Gold Recall of 1933. Many of
the coins that survived the meltings had already been used in trade
with Canada, explaining the high number of XF and AU pieces extent.
Uncirculated representatives derive mainly from European holdings
returned to this country from the 1950s through the 1970s. About
1,200 examples survive in all. Near-Gems are very scarce, and
anything finer is a major rarity.Luminous peach-gold surfaces exhibit a higher level of care than usually encountered, as few overt marks are present. The torch fingers are clear, and the Capital columns are mostly distinct. PCGS shows 11 finer submissions. CAC: 13 in 64, 3 finer (9/16).
From The Cherny Collection.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 26G8, PCGS# 9178, Greysheet# 10178)
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 Cherny Collection ]
Auction Info
2016 October 31 - November 2 US Coins Signature Auction - New York #1241 (go to Auction Home page)
Auction Dates
Oct-Nov, 2016
31st-2nd
Monday-Wednesday
Bids + Registered Phone Bidders: 9
Lot Tracking Activity: N/A
Page Views: 718
Buyer's Premium per Lot:
17.5% of the successful bid per lot.
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