LOT #3640 |
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1926-S $20 MS65 PCGS....
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Description
Gem 1926-S Saint-Gaudens Double Eagle
Important Condition Rarity
Only Six Coins Certified Finer
1926-S $20 MS65 PCGS. More than 2 million Saint-Gaudens
double eagles were minted at the San Francisco Mint in 1926. Like
most issues from this era, the mintage figures mean nothing in
terms of the coin's availability today. Most of the generous
mintage was held in bank vaults and later melted, after the Gold
Recall of 1933. The 1926-S was luckier than many issues of the
decade, because a fairly large number of the coins were used to pay
for foreign commitments. The coins used in foreign trade were often
preserved in overseas holdings, beyond the reach of the Gold
Recall, and later returned to augment the meager supply of coins
left in this country. While the 1926-S is not a common coin by any
means, it is still the most available mintmarked Saint-Gaudens
double eagle of the mid-1920s. Most of the repatriated specimens
are in lower Mint State grades, however, and the issue is extremely
difficult to locate at the Gem level. Of course, any finer grade is
in the "impossible" category. Current population data reveals PCGS
has graded 30 coins in MS65, with only two finer; NGC has certified
20 Gem specimens, with four finer (6/10).The present coin is a lovely Gem specimen, with pleasing greenish-gold surfaces. The striking details are sharp, with just the slightest hint of softness on the Capitol dome. Mint luster is vibrant and satiny, and the surfaces exhibit no mentionable distractions. The overall eye appeal of this rare Gem is outstanding. We expect spirited competition when this lot is called, as it may be some time before the opportunity to acquire this important condition rarity recurs.(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
2010 August Boston, MA Signature & Platinum Night ANA Coin Auction #1143 (go to Auction Home page)
Auction Dates
August, 2010
11th-15th
Wednesday-Sunday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 799
Buyer's Premium per Lot:
15% of the successful bid per lot.
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