1924-D $20 MS64 PCGS. CAC....

Description

1924-D Twenty, CAC-Approved MS64
Sought-After Denver Rarity

1924-D $20 MS64 PCGS. CAC. Ex: Cherny Collection. Personnel at the Colorado branch mint accomplished a large production of more than 3 million double eagles in 1924, approaching that of their Philadelphia counterpart. 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 extant. 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 Capitol columns are mostly distinct. PCGS shows 16 finer submissions. CAC: 15 in 64, 2 finer (3/23).
Ex: New York Signature (Heritage, 10-11/2016), lot 5633, where it sold for $15,275.(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 Certification Details from PCGS