LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

3819

1925-S $20 MS64 PCGS. Aside from the sole exception of

Currency:USD Category:Coins & Paper Money / US Coins Start Price:42,500.00 USD Estimated At:1.00 - 2.00 USD
1925-S $20 MS64 PCGS. Aside from the sole exception of
<B>1925-S $20 MS64 PCGS.</B></I> Ex: Brahin. Aside from the sole exception of the 1923-D, mintmarked Saint-Gaudens double eagles from the 1920s are quite elusive in Mint State. Of this issue, Q. David Bowers' <I>Guide Book of Double Eagle Gold Coins</B></I> says, "The 1925-S is a sleeper. The large mintage belies the rarity of this coin. The population of 1925-S double eagles is about evenly divided between high grade worn pieces and lower level Mint State examples, although some notable Gems exist, some of which appeared in the market in the late 1980s." Of course, there are many Saint-Gaudens issues whose mintage belies their rarity. Perhaps "sleeper" is a bit of a stretch; it looks as though the issue has awakened! The current PCGS online price guide lists the 1925-S in MS64 at $55,000 (with a threefold increase to $165,000 in MS65), while the current (11/06) Greysheet Bid price is $44,000 ($67,500 in MS65). PCGS has graded only 19 pieces in MS64, with two coins in MS65, and one piece each in MS66, MS67, and MS68. NGC, meanwhile, has certified 11 examples in MS64, with three finer.<BR> Most of this issue, again like many others, was later melted after the 1933 gold recall. The few survivors emanate from European bank holdings, or from the few American collectors who managed to put away an example. The present example offers minimally abraded surfaces, with pleasing orange-gold coloration, excellent luster, and a generous strike. A few small ticks on Liberty's torso prevent a Gem grade, but the eye appeal is extremely high-end. Numerous small radial die cracks are seen on the left-side obverse, through LIBERTY, the upper-right quadrant, and Liberty's rock.<BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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