LOT Heritage Rare Coin Galleries  /  2006 November Signature Coin Auction #420  / 

2874

1925-S $20 MS64 PCGS. The ''25-S double eagle is one o

Currency:USD Category:Coins & Paper Money / US Coins Start Price:475.00 USD Estimated At:1.00 - 1,000,000.00 USD
1925-S $20 MS64 PCGS. The ''25-S double eagle is one o
<B>1925-S $20 MS64 PCGS.</B></I> The '25-S double eagle is one of the rarest dates in the series, although it doesn't have the same visibility as the 1927-D or a few other dates. In fact, this date is a bit underrated as most collectors look at the large mintage 3,776,500 and fail to give it the credit it deserves as a 20th century American gold coin rarity. Since 1993, we have only handled three finer quality examples of this date. The comments by Jeff Garrett and Ron Guth in their <I>Encyclopedia of U.S. Gold Coins,</B></I> which is one of the most important new books published in 2006, are an important addition to the present discussion:<BR><BR> The tremendous mintage reported for the 1925-S double eagle should be all but forgotten, as most of this issue ended up being melted in the 1930s (like so many other branch-mint issues of the period). Those that did survive can likely be traced back to meager hoards held by European banks, or they were squirreled away by fortunate American collectors."<BR><BR> This near-Gem example has satiny luster with exceptionally attractive yellow-gold luster. The strike is sharp on both sides, with only the slightest weakness evident in the usual locations; the city-scene on the obverse and the eagle's breast and leading edge of the wing on the reverse. A few insignificant abrasions are present that keep this example from a higher grade and Gem-quality assessment by PCGS. Population: 14 in 64, 5 finer (10/06).<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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