1922 $20 MS65+ PCGS. CAC....

Description

1922 Double Eagle, MS65+
Prohibitively Rare Any Finer

1922 $20 MS65+ PCGS. CAC. The 1922 is a famous condition rarity in the Saint-Gaudens double eagle series. This issue was part of a large multi-year production run of the denomination from Philadelphia that lasted through 1929. All of those issues, with the exception of the 1929, were widely distributed in international trading, and overseas caches are believed to be the source of many survivors. The typical example known today grades in the MS62 to MS64 range, although Gems are occasionally seen. Where the 1922 becomes a major rarity is in MS66. PCGS has certified only nine coins that fine and none in higher grades. We have not seen a Premium Gem PCGS example of this issue since 2012.

The Fox coin is a Gem, but it stands apart from its peers with a Plus designation and CAC endorsement. Only 44 coins are graded MS65+ at PCGS, and just 30 Gems -- with or without a Plus mark -- are CAC approved (9/19). This piece displays impressive sharpness on Liberty's fingers and face, and on the torch. Peach-orange mint luster glistens like frost as it illuminates beautifully preserved surfaces, and a few coppery alloy spots serve as pedigree markers.

David Akers (2008) Comments:
The 1922 is a very common issue in terms of total number of Mint State pieces known. It is fairly easy to obtain an example that grades MS64 or lower. Gems are slightly scarce, but they still appear in the market on a regular basis. A few premium quality Gems are known, but the 1922 is clearly very rare in MS66. The issue is unknown in MS67 or higher grades.
From The Rollo Fox Collection of $20 Saint-Gaudens Gold. (Registry values: N2998)

Coin Index Numbers: (NGC ID# 26G3, PCGS# 9173, Greysheet# 10145)

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.

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