1925 $20 MS67 PCGS....

Description

1925 Double Eagle, MS67
Frosty, Tied for the Finest Certified

1925 $20 MS67 PCGS. The Philadelphia Mint struck more than 2.8 million double eagles in 1925, these coins primarily intended for trade exports and also for backing of U.S. gold certificates. Double eagles did not circulate to a meaningful extent domestically in the 1920s, although their continued coinage was necessary for the issuance of new gold certificates each year. By law, gold certificates had to be backed by two-thirds of their face value in redeemable gold coinage. If coinage reserves fell short, the issuance of gold certificates halted. In 1925, a significant portion of the double eagle production was, according to records documented by Roger Burdette, intended to balance coin production with gold certificate issuance.

The 1925 double eagle is thus plentiful overall, even in MS66. However, in Superb Gem condition the date becomes a major condition rarity. PCGS reports only seven coins in MS67 and none finer (9/19). This specimen displays shimmering, frosty mint luster with natural wheat-gold hues overall. A well-struck and eye-appealing Registry coin.

David Akers (2008) Comments:
The 1925 is a very common issue that is readily available in quantity in all Mint State grades up to and including MS65. Premium-quality Gems in MS66 are also available fairly often, and there are even a few pieces that easily grade MS67, Although Superb Gems are rare coins in an absolute sense. As an issue, the 1925 is often grouped with the 1924, 1927 and 1928. This is a mistake, as the 1925 is rarer than the 1924, 1927 and 1928 in all grades, and particularly at or above the MS65 level.
From The Rollo Fox Collection of $20 Saint-Gaudens Gold. (Registry values: N4719)

Coin Index Numbers: (NGC ID# 26GA, PCGS# 9180, Greysheet# 10148)

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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