LOT #7703 |
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1923 $20 MS66 PCGS....
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Sold on Aug 12, 2011 for:
$29,900.00
Bid Source: Live: Phone bidder
Description
1923 Twenty Dollar, MS66
Surprisingly Scarce as a Premium Gem
1923 $20 MS66 PCGS. Ex: Duckor. Highly lustrous surfaces
with bright orange-gold color and brilliant mint frost, this piece
is tied for the finest example that PCGS has certified. Only a few
tiny marks on each side have prevented an even higher grade,
keeping it from the Superb Gem category. It is a sharply struck
piece that presents exceptional eye appeal.Although this particular date is not often named when Saint-Gaudens rarities are mentioned, it has the sixth lowest mintage of any date produced during the 1920s, and it is a prime condition rarity that is seldom encountered in any Gem grade. NGC and PCGS have certified more than 47,000 examples of the date, yet only 486 of those coins have been graded MS65 and just two have been certified as MS66 (7/11). Both of the MS66 coins are certified by PCGS, while the best NGC has ever graded is just MS65. In their Encyclopedia of U.S. Gold Coins, Jeff Garrett and Ron Guth comment: "Curiously, this date is available for a price in MS-65 grades, but above that, only two ... have been certified by PCGS as MS-66; none have been graded that high by NGC or ANACS. Although preserved in great numbers, finding a gem MS-65 example can be a challenge."
For the collector of Saint-Gaudens twenties, the present example will prove to be an excellent acquisition, and it deserves its rightful place among the finest collections of these coins ever formed.
Ex: Long Beach Signature (Heritage, 6/2007), lot 2781.
From The Oliver Collection.(Registry values: N1)
Coin Index Numbers: (NGC ID# 26G5, PCGS# 9175, Greysheet# 10146)
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 Oliver Collection ]
Auction Info
2011 August Chicago Signature US Coin & Platinum Night Auction #1158 (go to Auction Home page)
Auction Dates
August, 2011
11th-14th
Thursday-Sunday
Bids + Registered Phone Bidders: 8
Lot Tracking Activity: N/A
Page Views: 851
Buyer's Premium per Lot:
15% of the successful bid per lot.
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