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-S $20 MS63 PCGS. Like most of the branch mint issues from this decade, the mintage of this date is irrelevant. In the case of the 1925-S, nearly 4 million pieces were struck, yet fewer than 1,500 pieces survive in all grades. Dave Bowers estimated a field population that is equally divided between circulated and Mint State coins, suggesting that 300 to 500 of each survive today. Others have provided even smaller estimates, although the frequency of auction appearances would suggest that up to 1,500 coins survive, most in grades below MS63.
Although not fully struck, this piece retains exceptional satin luster with impressive honey-gold color. No major abrasions appear beneath a loupe, despite the MS63 grade. Finer examples are rarely seen. PCGS reports just 26 higher-grade submissions (10/16).
Ex: Long Beach Signature (Heritage, 2/2007), lot 5285.
1925-S $20 MS63 PCGS. Like most of the branch mint issues from this decade, the mintage of this date is irrelevant. In the case of the 1925-S, nearly 4 million pieces were struck, yet fewer than 1,500 pieces survive in all grades. Dave Bowers estimated a field population that is equally divided between circulated and Mint State coins, suggesting that 300 to 500 of each survive today. Others have provided even smaller estimates, although the frequency of auction appearances would suggest that up to 1,500 coins survive, most in grades below MS63.
Although not fully struck, this piece retains exceptional satin luster with impressive honey-gold color. No major abrasions appear beneath a loupe, despite the MS63 grade. Finer examples are rarely seen. PCGS reports just 26 higher-grade submissions (10/16).
Ex: Long Beach Signature (Heritage, 2/2007), lot 5285.