1911-S $20 MS66+ PCGS. CAC....

Description

1911-S Saint-Gaudens Double Eagle, MS66+
Only One Finer Coin at PCGS

1911-S $20 MS66+ PCGS. CAC. Ex: Fox. The 1911-S Saint-Gaudens double eagle has a reported mintage of 757,750 pieces, with most of the coins delivered in February and March and some sizeable deliveries in September and December. Most of the mintage was initially stored in Mint and treasury vaults, but later paid out in overseas transactions with European and Latin American destinations. Many specimens have been repatriated in recent times, including a large number of pieces that surfaced in a Central American hoard of 47,000 double eagles discovered in the early 1980s. Roger W. Burdette estimates the surviving population at approximately 14,000 examples in all grades. The 1911-S can be easily located in grades up to the Gem level, but specimens in MS66 condition are elusive, and finer coins are virtually unobtainable.

This Plus-graded Premium Gem exhibits sharply detailed design elements in most areas, with just a trace of softness on the upper torch. The virtually flawless orange-gold surfaces radiate vibrant mint luster, with terrific eye appeal. Population: 48 in 66 (3 in 66+), 1 finer. CAC: 7 in 66, 0 finer (9/19).

David Akers (2008) Comments:
The 1911-S is similar in overall rarity to the 1916-S, although it is much more challenging to locate in high grades. In grades at or below the MS64 level, this is a decidedly common issue, while Gems can only be considered scarce when viewed in the wider context of this series. In 1983, a hoard of several thousand Mint State coins was discovered in El Salvador. While the hoard contained several thousand mostly lower-grade Mint State coins, it also featured a number of high-grade pieces, including several Gems. A handful of MS66s are also known, but the population dwindles to just one or two coins at the Superb Gem level.
From The Rollo Fox Collection of $20 Saint-Gaudens Gold. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 26FL, PCGS# 9159, GSID# 10168)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 775,750

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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