1925-S $20 MS64 PCGS....

Description

Colorful MS64 1925-S Twenty
A Rare Mintmarked Issue From the 1920s

1925-S $20 MS64 PCGS. The 1925-S double eagle is one of the rarest dates in the series, although it does not have the same visibility as the 1927-D or a few other dates. In fact, this date is a bit underrated as most collectors look at the large mintage (3,776,500 pieces) and fail to give it the credit it deserves as a 20th century American gold coin rarity. Since 1993, we have only handled three finer quality examples of this date. The finest piece certified to date is the MS67 specimen that brought $287,500 in our November 2005 auction of the Phillip Morse Collection. The comments by Jeff Garrett and Ron Guth in their Encyclopedia of U.S. Gold Coins are an important addition to the present discussion:

"The tremendous mintage reported for the 1925-S double eagle should be all but forgotten, as most of this issue ended up being melted in the 1930s (like so many other branch-mint issues of the period). Those that did survive can likely be traced back to meager hoards held by European banks, or they were squirreled away by fortunate American collectors."

This near-Gem example has softly frosted mint luster with exceptionally attractive yellow-gold color in the centers that deepens to a pronounced reddish patina around the margins. The strike is sharp on both sides, with only the slightest weakness evident in the usual locations; the city-scene on the obverse and the eagle's breast and leading edge of the wing on the reverse. A few insignificant abrasions are present that keep this example from a higher grade and Gem-quality assessment by PCGS. Population: 25 in 64, 5 finer (6/08).
From the Stephen Stokely Collection, Part Five.(Registry values: N7079)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 1.06oz
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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