LOT #2785 |
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1927-S $20 MS62 PCGS....
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Sold on Apr 30, 2009 for:
$34,500.00
Bid Source: Internet bidder
Description
Attractive 1927-S Saint-Gaudens
Double Eagle, MS62
1927-S $20 MS62 PCGS. With an original mintage of 3.1
million pieces, one would expect the 1927-S Saint-Gaudens double
eagle to be a common date today. Instead, David Akers considers the
date the 10th rarest issue in the 55-coin series. The mass melting
that overtook most of the later-date Saints in the melts of the
1930s hit this issue especially hard. Literally millions of 1927-S
double eagles must have been melted. Experts doubt more than
450-500 examples of this date are extant in all grades. Mint State
specimens are extremely elusive. As Q. David Bowers states, "The
ownership of a fine 1927-S is a badge of accomplishment."The coin offered here, though not a Gem, is a pleasing example of this challenging date. The coin is sharply struck with even orange-gold color. A singular notable mark at 3 o'clock on the obverse defines the grade. Population: 37 in 62, 33 finer (3/09).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 26GJ, PCGS# 9188, GSID# 10185)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 3,107,000
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.
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: 15
Lot Tracking Activity: N/A
Page Views: 513
Buyer's Premium per Lot:
15% of the successful bid per lot.
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