LOT #3407 |
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1914-S $20 MS66 PCGS. CAC....
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Sold on Aug 22, 2022 for:
$16,200.00
Bid Source: Internet bidder
Description
1914-S Saint-Gaudens Twenty, MS66
None Finer at PCGS, CAC Approved
1914-S $20 MS66 PCGS. CAC. Ex: Duckor-Simpson. Following a
complete absence of double eagle production in 1912 and a low
mintage of 34,000 pieces in 1913, the San Francisco Mint coined
nearly 1.5 million double eagles in 1914. In 1988, in A Handbook
of 20th-Century United States Gold Coins 1907-1933, David Akers
wrote:"The 1914-S is one of the most common of the early issues in Mint State, and literally thousands of examples are known. In grades up to and including MS-64, this issue is very easy to locate. Even gems can be found with some regularity, and I have seen many such pieces. There are also some superb quality, in fact, nearly perfect examples of the 1914-S known. Several hoards of more than a thousand pieces each have been dispersed in the last 15 years."
Akers' observations prior to the era of modern third party certification remain remarkably accurate today when compared to PCGS and NGC Population Reports. Yet, it is the very commonness of the 1914-S in Mint State that provides the issue significant appeal as a type coin. Jeff Garrett and Ron Guth note that most examples seen are "satiny and bold," while pointing out that bagmarks can be a factor; excluding those highest-graded pieces, which were more likely saved at the time of issue, all that exportation and repatriation can come at a cost in terms of aesthetic appeal. The Duckor-Simpson specimen is well-struck, despite minor weakness at the lower obverse, typical of nearly all such coins. The surfaces have thick cartwheel luster over orange- and green-gold surfaces. A few scattered, light abrasions are mostly confined to the obverse, preventing an even higher grade.
Ex: David Akers; The Dr. and Mrs. Steven L. Duckor Collection (Heritage, 1/2012), lot 4624.(Registry values: N2998)
Coin Index Numbers: (NGC ID# 26FU, PCGS# 9166, Greysheet# 10172)
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.
View all of [Important Selections from The Bob R. Simpson Collection, Part IX ]
Auction Info
2022 August 22 - 28 US Coins Signature® Auction #1348 (go to Auction Home page)
Auction Dates
August, 2022
22nd-28th
Monday-Sunday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 575
Buyer's Premium per Lot:
20% of the successful bid per lot.
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