Description

    Radiant 1931-D Double Eagle, MS64

    1931-D $20 MS64 PCGS. CAC. Only 106,500 double eagles were struck at the Denver Mint in 1931, making this a comparatively low-mintage issue. It is considered a rare date with a surviving field population of 100 to 150 pieces.
    David Bowers relates an interesting story about 1931-D double eagles in his American Coin Treasures and Hoards, that reads in part:

    "In 1960 a Sidney, New York, businessman took from his bank safety deposit box four 'ordinary' $20 pieces and brought them to a coin dealer, for he had heard there was a premium above face value for all gold coins.
    "The dealer glanced at them, found they were all of the extremely rare 1931-D variety and in blazing gem Mint State, showed him the listing in The Guide Book, and expected that the finder would be delighted. Just the opposite occurred. Uncertainty set in--what were they really worth? Could they be sold for more elsewhere? Maybe they shouldn't be sold after all.
    "Back into the safe deposit box the rare 1931-D $20 pieces went. Had they been common dates they would have been sold for the current market value at the time, which would have been between $40 and $50."

    What happened to those four coins remains a mystery.
    A delicate blend of medium peach-gold color with greenish-gold highlights bathes the radiantly lustrous surfaces of this gorgeous near-Gem twenty dollar. The design elements are well brought up, including sharp definition on Liberty's head, branch-hand fingers, and toes, the Capitol building, and the eagle's feathers. It is only the presence of a few minute marks that prevents Gem classification. Population: 39 in 64, 19 finer (11/08).
    From The Calvin Collection.(Registry values: N7079) (NGC ID# 26GP, PCGS# 9193)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Calvin Collection ]

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    Auction Info

    Auction Dates
    January, 2009
    7th-11th Wednesday-Sunday
    Bids + Registered Phone Bidders: 7
    Lot Tracking Activity: N/A
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    The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
    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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