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Description

Highly Attractive 1924-D Double Eagle, MS64

1924-D $20 MS64 PCGS. In the 1940s and early 1950s, like many Saint-Gaudens issues, the 1924-D was considered to be quite rare. Its status changed in the mid-1950s, however, when several small hoards turned up in European banks. David Akers, in his catalog of the Dr. Thaine Price Collection (May 1998) writes of the '24-D:

"...the status of the coin was reduced from very rare to only very scarce. Nevertheless, since most of the specimens that have been found in the last four decades have been only Choice Uncirculated or lower grade, the 1924-D is still considered (and correctly so) to be a rare issue in Very Choice Uncirculated. True Gems are of the highest rarity with only a very small number of pieces known."

Examination of PCGS/NGC population data corroborates Akers' assessment of surviving coins. The two services have seen nearly 600 pieces in the MS60 to MS63 grade levels, about 250 near-Gems, and 20 coins grading higher. The present MS64 offering is thus among the finest most collectors can hope to obtain.
Full luster characterizes both sides, with the obverse showing two shades of honey-gold in the center, framed by greenish-gold at the margins. Rich apricot-gold dominates the reverse, accented with splashes of mint-green and lilac. A better-than-average strike imparts strong definition to the design elements, including those in the peripheral areas that often exhibit weakness. A handful of minute contact marks preclude Gem classification.
(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26G8, PCGS# 9178, GSID# 10178)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 3,049,500


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

Auction Info

Auction Dates
Jul-Aug, 2008
30th-3rd Wednesday-Sunday
Bids + Registered Phone Bidders: 3
Lot Tracking Activity: N/A
Page Views: 334

Buyer's Premium per Lot:
15% of the successful bid per lot.

Sold on Jul 31, 2008 for: $12,650.00
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