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

3827

1927-S $20 MS66 NGC. Long regarded as a legendary rari

Currency:USD Category:Coins & Paper Money / US Coins Start Price:110,000.00 USD Estimated At:1.00 - 2.00 USD
1927-S $20 MS66 NGC. Long regarded as a legendary rari
<B>1927-S $20 MS66 NGC.</B></I> Long regarded as a legendary rarity within the series of Saint-Gaudens double eagles, the 1927-S has properly maintained its high profile status to this day. It would be unfair to judge the issue with anything less than ultimate respect in spite of several appearances in tonight's Platinum Night session, and only in the memorable Philip Morse Collection Sale held in November, 2005 have two Premium Gem or finer examples crossed the auction block.<BR> The wonderfully preserved example offered in this lot possesses an attractive mix of apricot and yellow-gold patination, and exhibits characteristically vibrant luster. The design elements are exceptionally well struck, with the Capitol showing excellent definition. Two lengthy die cracks that nearly connect in the right obverse field are not an uncommon feature on 1927-S Saints. It is devoid of significant marks, save for an inoffensive shallow linear abrasion on Liberty's chest. A slightly curved scrape is noted on the sun. As it runs parallel to the rim, we believe this is probably some sort of mint made flaw, possibly having to do with ejection from the die. Perhaps the parent die was over polished in this area. This same mint-caused "scrape" was also noticed on the amazing specimen from the Connecticut Public Library that currently resides in a PCGS MS67 holder and realized an impressive $345,000 in the Phillip Morse Collection Sale.<BR> While not quite on the scale as that Superb, record-breaking representative, the extraordinary eye appeal of this lovely Premium Gem and the ever-increasing degree of interest in 20th century gold rarities is sure to generate an unprecedented amount of bidder interest. Census: 4 in 66, 2 finer (11/06).<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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