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Description

Uncirculated 1926-D Double Eagle

1926-D $20 MS61 NGC. Mintages of double eagles at Denver peaked in 1924 and 1925, when about 3 million pieces were coined for each of the two dates. Production was much lower in 1926, since only 481,000 twenties were struck. Most of the mintage for all three issues remained in Federal vaults, although bags of 1923-D double eagles were paid out. Prior to 1933, anyone who wanted a 1926-D could have obtained one for close to face value from the Treasury. But few numismatists could afford to collect the series, and it was only after the gold recall that interest in the denomination increased. By then, the 1926-D had proved to be among several late-date issues primarily melted by the Treasury.
Over the years, a couple of hundred pieces emerged from foreign bank holdings. Most were like the present piece, lustrous and well struck but somewhat abraded from bag-stored peers. But no marks merit mention, save for a tick on the chin and a few faded scuffs near the branch stem.(Registry values: N4719)

Coin Index Numbers: (NGC ID# 26GE, PCGS# 9184, GSID# 10182)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 481,000


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.

View Certification Details from NGC

Auction Info

Auction Dates
May, 2009
28th-31st Thursday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 640

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