LOT Heritage Rare Coin Galleries  /  2007 Signature Coin - Charlotte, NC #432  / 

2423

1926-D $20 MS64 PCGS. Ex: Brahin. Rich yellow-gold col

Currency:USD Category:Coins & Paper Money / US Coins Start Price:22,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1926-D $20 MS64 PCGS. Ex: Brahin. Rich yellow-gold col
<B>1926-D $20 MS64 PCGS.</B></I> Ex: Brahin. Rich yellow-gold color is framed by a narrow ring of honey-gold at the borders. The surfaces have supremely frosty luster with satiny reflectivity at the central obverse. This is a nicely defined near-Gem specimen with excellent eye appeal created by luscious pink toning. This coin is virtually identical to the Kutasi Collection Gem that we sold for $143,750 at the 2007 FUN auction.<BR> The Denver Mint produced a scant 481,000 double eagles in 1926, the third smallest mintage of any issue dated in the 1920s. Only the relatively common 1920 and the extremely rare 1927-D had smaller mintages. Just a few hundred examples of this key date still exist, mostly in Mint State grades, although it is a further condition rarity in top grades. In fact, NGC and PCGS have combined to grade just seven pieces finer than this example.<BR> In <I>A Guide Book of Double Eagle Gold Coins,</B></I> Dave Bowers wrote: "Today the 1926-D double remains very elusive, though hardly in the 'impossible' category. Most were probably retained in the United States and melted in the mid-1930s." More is told by Jeff Garrett and Ron Guth in their <I>Encyclopedia of U.S. Gold Coins:</B></I> "The mintage was laid to waste by the bureaucrats who demanded that all gold coins be returned from circulation and melted in the 1930s. The few that did survive were either found overseas or were held back by a handful of wealthy collectors able to keep them through the turmoil of the ensuing few decades." Population: 16 in 64, 7 finer (1/07).<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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