1925-S $20 MS63 PCGS....

Description

Challenging 1925-S Double Eagle, MS63

1925-S $20 MS63 PCGS. Like most branch mint issues from the 1920s, the 1925-S was an unlikely candidate for future rarity status at the time of its production. In fact, only three issues in the entire series had a greater mintage: the 1928, the 1924, and 1908 No Motto. But the commercial demand for double eagles was limited, and primarily met by deliveries of Philadelphia-coined issues. Thus, all but a tiny fraction of the 1925-S mintage remained in Treasury hands at the time of the 1933 gold recall, to be eventually melted into ingots to line the walls of Fort Knox. Gradually, examples of the 1925-S emerged from European safe havens, along with a limited number of survivors that actually circulated briefly in the booming Roaring Twenties West Coast economy. The present piece likely came from a foreign bank vault, where it escaped the jurisdiction of Franklin Roosevelt. It is lustrous with rich orange toning and friction-free devices. Faint obverse field grazes and minor ticks on the eagle are consistent with the grade.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26GC, PCGS# 9182, GSID# 10181)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 3,776,500

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.

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