LOT #2340 |
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1908-S $20 MS62 PCGS....
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Sold on Apr 29, 2010 for:
$13,800.00
Bid Source: Live: Floor bidder
Description
1908-S Saint-Gaudens Twenty, MS62
Scarce With Motto Issue
1908-S $20 MS62 PCGS. The 1908-S Saint-Gaudens double eagle
boasts the lowest mintage of the Arabic Numerals type, with only
22,000 pieces produced. Apparently, the San Francisco Mint waited
for the resolution of the hotly debated struggle between President
Theodore Roosevelt and the American public over the use of IN GOD
WE TRUST on monetary issues before striking any double eagles in
1908. The new dies including the motto were not ready until late in
the year, resulting in the atypically small mintage of S-mint
twenties. Most of the mintage was released into circulation, making
the date scarce in lower Mint State grades. David Akers considers
the 1908-S to be equally as rare as the vaunted 1932 in high
grades.The present coin is a delightful orange-gold example, with sharp striking details and softly frosted luster. A scattering of insignificant handling marks explains the grade. Population: 47 in 62, 72 finer (3/10).(Registry values: N4719)
Coin Index Numbers: (NGC ID# 26FA, PCGS# 9149, GSID# 10161)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 22,000
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.
Auction Info
2010 April-May Milwaukee, WI CSNS US Coin Auction #1139 (go to Auction Home page)
Auction Dates
Apr-May, 2010
28th-2nd
Wednesday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 725
Buyer's Premium per Lot:
15% of the successful bid per lot.
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