LOT #3651 |
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1931-D $20 MS63+ PCGS Secure....
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Sold on Aug 11, 2010 for:
$54,625.00
Bid Source: Internet bidder
Description
1931-D Saint-Gaudens Twenty, MS63+
One of the Great Prizes in the Series
1931-D $20 MS63+ PCGS Secure. Mintmarked Saint-Gaudens
twenties in the 1920s and 1930s were hit especially hard by
meltings in the mid-1930s. The 1931-D had a mintage of 106,500
pieces, not a large mintage but one that should be sufficient for
most collectors to afford an example--that is if most were not
melted. But the 1931-D, like the 1930-S, was heavily melted. One
indication of how thoroughly the issue was eradicated is the
absence of circulated examples. To date (7/10) only three coins
have been certified in circulated grades, one AU50 and two AU58s
(one at each major service). In mint condition the 1931-D is far
from plentiful also. PCGS and NGC have certified a total of 133
pieces in MS60 to two pieces in MS66. Once resubmissions are
factored out there are probably no more than 100 individual coins
extant.Whether the 1931-D encountered is frosty or satiny, eye appeal is a constant when one sees an example. This coin has lovely mint frost that has an overlay of incredible reddish-golden color. The combination of luster and color undoubtedly explain the + designation from PCGS. The striking definition is strong except in two areas: Liberty's nose and the center of the eagle's breast. Abrasions are remarkably few for an MS63, the only one of note is a cluster to the right of the head of Liberty. Even though a hoard of 15-20 pieces entered the market more than 20 years ago, the 1931-D is one of the great prizes in the Saint-Gaudens series and one of the keys to the late-dates in the series.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 26GP, PCGS# 9193, Greysheet# 10187)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
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: 17
Lot Tracking Activity: N/A
Page Views: 1,348
Buyer's Premium per Lot:
15% of the successful bid per lot.
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