LOT #7718 |
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1931 $20
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Sold on Jul 29, 1994 for:
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Description
NGC 1931 MS 65. Among the Saint-Gaudens double eagles, the 1931 is considered one of the rarest of the series with precious few examples that survived the apparant, mass melting of coins that were minted in the now rare years of 1929 to 1933. Of course, the 1933s were struck, but never released by the mint. There is speculation which of these later dated coins is now the more rare, and exactly how they should be ranked. The population figures by the major services can sometimes be a bit misleading as to exact rarity, as the same coin may have been submitted to both services at different times, thus causing the published population figures to be inflated. It is not this cataloger's intention to dispute notable researchers, but simply to offer an accurate description of this rarity.
This coin is bright, orange-gold color as is normal for the date. There are none of the often present, detracting copper spots or toning stains, but a few minimal abrasion marks show under the olive branch and on the eagle's wing. These are mentioned for future pedigree purposes. According to the current population data, this coin is tied with 6 others for second finest, only being surpassed by a PCGS MS 66, (6/94).
Coin Index Numbers: (NGC ID# 26GN, PCGS# 9192, GSID# 10153)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 2,938,250
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
1994 ANA Sale #122 (go to Auction Home page)
Auction Dates
July, 1994
27th-30th
Wednesday-Saturday
Bids + Registered Phone Bidders: 2
Lot Tracking Activity: N/A
Page Views: 232
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