LOT #2784 |
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1926-S $20 MS65 PCGS....
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Sold on Apr 30, 2009 for:
$25,300.00
Bid Source: Live: Floor bidder
Description
Elegant 1926-S Saint Gaudens Twenty, MS65
1926-S $20 MS65 PCGS. More than 2 million Saint-Gaudens double eagles were coined at the San Francisco Mint in 1926, but the issue is far from common today. Most of the imposing mintage was obliterated in the Gold Recall of the 1930s. The issue was considered ultra-rare in the 1940s, as evidenced by the lot description of an example in the World's Greatest Collection (Numismatic Gallery, 1/1946), lot 1029. The lot is plated and reads,"Uncirculated. One of the rarest of United States coins, this double eagle should take off on a record breaking spree. It is our opinion that the selling price will exceed $1,000.00." Abe Kosoff and company were right-on with their estimate, as the lot realized $1,100. In later years, some coins were repatriated from European holdings, and today David Akers rates the issue as the 19th rarest date in the 55 coin series. Most coins seen are in lower Mint State grades, and Q. David Bowers opines, "True Gems are very rare."The present coin is a delightful specimen, with phenomenal color and mint luster. Deeply variegated shades of rose and lilac highlight the surfaces of both sides. The considerable visual appeal is augmented by a sharp strike. Population: 27 in 65, 2 finer (3/09).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 26GF, PCGS# 9185, GSID# 10183)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 2,041,500
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.
Auction Info
2009 April-May Cincinnati, OH (CSNS) US Coin Auction #1124 (go to Auction Home page)
Auction Dates
Apr-May, 2009
29th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 411
Buyer's Premium per Lot:
15% of the successful bid per lot.
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