1926-S Saint-Gaudens Double Eagle, MS65
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 31 coins in MS65, with only four finer; NGC has
certified 21 Gem specimens, with four finer (7/14).
Important Condition Rarity
Only Eight Coins Certified Finer
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.
Ex: ANA Signature (Heritage, 8/2010), lot 3640.(Registry values: N7079) (NGC ID# 26GF, PCGS# 9185)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
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Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers
The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins.
Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on
two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.
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