LOT #1350 |
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1924-S $20 MS64 NGC....
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Sold on Jul 31, 2009 for:
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Description
Scarce Near-Gem 1924-S Double Eagle
1924-S $20 MS64 NGC. This is one of the issues that was virtually wiped out by Roosevelt's 1933 gold recall, and the subsequent mass meltings. Fewer than 1,000 pieces have been certified by NGC and PCGS, despite the substantial mintage of 2.9 million pieces. According to Jeff Garrett and Ron Guth, writing in their Encyclopedia of U.S. Gold Coins: "During the 1940s and 1950s, it was generally believed that fewer than a half-dozen examples of this date existed! A few coins trickled out from Europe in the late 1950s, and by the 1960s enough had arrived to make this date available to collectors." The obverse of this near-Gem exhibits fine-grain textures reminiscent of matte proofs, while the reverse is bright and satiny. A well struck piece with only mild surface marks.(Registry values: N4719)Coin Index Numbers: (NGC ID# 26G9, PCGS# 9179, GSID# 10179)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 2,927,500
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.
Auction Info
2009 August Los Angeles, CA US Coin Auction #1128 (go to Auction Home page)
Auction Dates
Jul-Aug, 2009
31st-2nd
Friday-Sunday
Bids + Registered Phone Bidders: 15
Lot Tracking Activity: N/A
Page Views: 816
Buyer's Premium per Lot:
15% of the successful bid per lot.
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