Heritage World Coin Auctions
FUN Signature US Coin Sale 1251 4-6 & 8-9 Jan 2017
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Saint-Gaudens Double Eagles
1925-D $20 MS64 PCGS. Although nearly 3 million double eagles were coined in Denver in 1925, most were put into storage and later melted. Research by Roger Burdette suggests that most of the surviving coins -- about 1,000 pieces, per latest estimates -- are from European hoards. As is typical for Saint-Gaudens double eagles supplied by overseas hoards, the population of Mint State 1925-D coins is fairly dispersed throughout the MS60 to MS64 grade range, but finer pieces are great rarities. Foreign banks stored bulk gold loose in bags, and the coins were frequently moved in trade or during inventory, producing heavy bagmarks. The frosty near-Gem in the present lot shows minimal signs of contact amid gleaming tangerine luster that captivates the eye. The strike is sharp throughout. PCGS records only seven numerically finer submissions (10/16).
1925-D $20 MS64 PCGS. Although nearly 3 million double eagles were coined in Denver in 1925, most were put into storage and later melted. Research by Roger Burdette suggests that most of the surviving coins -- about 1,000 pieces, per latest estimates -- are from European hoards. As is typical for Saint-Gaudens double eagles supplied by overseas hoards, the population of Mint State 1925-D coins is fairly dispersed throughout the MS60 to MS64 grade range, but finer pieces are great rarities. Foreign banks stored bulk gold loose in bags, and the coins were frequently moved in trade or during inventory, producing heavy bagmarks. The frosty near-Gem in the present lot shows minimal signs of contact amid gleaming tangerine luster that captivates the eye. The strike is sharp throughout. PCGS records only seven numerically finer submissions (10/16).