1924-S $20 MS64+ PCGS. CAC. Variety HA-2....

Description

1924-S Double Eagle, MS64+
Scarce at This Grade Level
Famous Melt Issue, CAC Endorsed

1924-S $20 MS64+ PCGS. CAC. Variety HA-2. Ex: Fox. One of the great melt rarities in the Saint-Gaudens double eagle series, the 1924-S owes nearly its entire Mint State existence to coins sequestered in European holdings, and returned to the United States over the past several decades. Scarce-to-rare in upper Uncirculated grades to this day, the 1924-S saw nearly its entire 2.9 million-piece mintage melted during the Gold Recall of the early 1930s. Roger Burdette writes about double eagle gold production by all three Mints in 1924: "In 1924 alone, the value was $206,010,000 or 22 percent of the decade's total. This was the second greatest gold coinage of the United States exceeded only by the 1904 total of 11,390,874 double eagles worth $227,817,480."

This Plus-graded near Gem example with CAC endorsement shows traces of die wear among the obverse stars, and missing hair strands near the torch from excessive die polishing. A long, thin die crack extends through LIBERTY. The remaining elements are sharply struck, with scattered small abrasions and marks but no serious contacts. Reddish-gold highlights embellish lustrous and attractive orange-gold surfaces. PCGS reports just eight numerically finer examples. Population: 15 in 64+, 8 finer. CAC: 23 in 64, 0 finer (3/20).
From The Rollo Fox Collection of $20 Saint-Gaudens Gold, Part III. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 26G9, PCGS# 9179, Greysheet# 10179)

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.

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