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Description

1923 Double Eagle, MS66
Ex: Auction '84 / Duckor
A Classic High-Grade Rarity

1923 $20 MS66 PCGS. Ex: Duckor-Simpson. While the 1923 Saint-Gaudens double eagle is typically counted among the common dates of the 1920s, it is a significantly more impressive condition rarity than most of its brothers. In Saint-Gaudens Double Eagles, Roger Burdette writes:

"The 1923 Philadelphia-issue twenty, like its 1922-P counterpart, was spared the mass meltings of the 1930s. This was likely because many were among large number [sic] of coins shipped to Germany under the Dawes Plan, which were then transferred from bank-to-bank. However, among Philadelphia Mint twenties, the 1923 double eagle is the scarcest in the 1922 through 1928 range."



A typical 1923 double eagle grades only in the MS62 to MS64 range, and the date is significantly more elusive in Gem condition. Above MS65, this issue enters into its glory as one of the most challenging date-grade combinations in the series. The Duckor-Simpson coin is one of just seven pieces reported in MS66 by PCGS, with none this fine at NGC, and none graded higher at all. When David Akers cataloged this piece in Auction '84, he wrote:

"This is one of the finest 1923 Double Eagles that we have ever encountered. It is completely 'original' and has never been cleaned or even dipped. The color is the coin's strongest point; it is a very rich orange gold with a few copper highlights."



Akers provided further comments on this piece for its appearance in the Duckor Collection (Heritage, 1/2012), lot 4633:

"Although it is an even more common issue than the 1920, the 1923 does share with it one important characteristic. It is also a classic example of a condition rarity although the grade at which a 1923 becomes a major rarity is not MS65 like the 1920, but rather MS66. So whereas there may be only one 1920 in MS65 (and possibly one or two others according to some), the 1923 is still fairly common at that grade level. For the 1923, its major rarity status begins at MS66 and there are no more than a handful of such specimens known with none verified or even rumored to exist finer. I first saw the coin offered here as the Duckor specimen when it was consigned to Paramount's session of Auction '84. In the intervening 28 years I have yet to come across another that was its equal."



The Duckor-Simpson specimen exhibits bands of orange- and greenish-gold diagonally across the coin, with marked bands of pale blue crossing the obverse from northwest to southeast. A few marks near Liberty's right (facing) arm and on the breast are grade-limiting, and the strike, although well-executed, falls just short of full. Rich luster encompasses both sides, and the reverse is free of all but tiny abrasions. Population: 7 in 66, 0 finer (7/22).
Ex: Auction '84 (Paramount, 7/1984), lot 994; David Akers; Dr. Steven L. Duckor; Phillip H. Morse (Heritage, 11/2005), lot 6653; later, repurchased by Dr. Duckor in 2007; The Dr. and Mrs. Steven L. Duckor Collection (Heritage, 1/2012), lot 4633.(Registry values: N1)

Coin Index Numbers: (NGC ID# 26G5, PCGS# 9175, Greysheet# 10146)

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 ]

View Certification Details from PCGS

Auction Info

Auction Dates
August, 2022
22nd-28th Monday-Sunday
Bids + Registered Phone Bidders: 7
Lot Tracking Activity: N/A
Page Views: 459

Buyer's Premium per Lot:
20% of the successful bid per lot.

Sold on Aug 22, 2022 for: $66,000.00
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