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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 6087

Starting price: 1 USD
Price realized: 12 000 USD
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Saint-Gaudens Double Eagles
1915 $20 MS65 PCGS. The minimal 152,000-coin mintage of the 1915 double eagle was struck in the last quarter of the year. Some examples were distributed into domestic circulation, and tens of thousands were exported for trade. Today, approximately 4,500 examples of the date survive, primarily in lightly circulated condition (from domestic use) and lower-to-middle Mint State grades (from foreign vaults). The Gem population, composed of pieces set aside in the early days for numismatic purposes and a few lucky coins from foreign trade shipments, is incredibly small.
The present MS65 example is among the finest at PCGS. NGC shows a single MS66 piece finer, which appeared in the FUN Signature sale (Heritage, 1/2009), lot 4182, and realized $54,625. Recently, an MS65 PCGS coin in the New York Signature sale (Heritage, 10-11/2016), lot 5626, garnered $16,450. The present Gem is arguably superior to that coin with regards to eye appeal, showing smooth, satiny yellow-gold surfaces and sharp design elements. A loupe reveals a few tiny ticks, but none are apparent to the unaided eye. Population: 51 in 65 (2 in 65+), 0 finer (11/16).
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