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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 6098

Starting price: 1 USD
Price realized: 22 000 USD
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Saint-Gaudens Double Eagles
1925-S $20 MS64 NGC. The 1925-S double eagle was spared from complete eradication during the mid-1930s gold melts by trade exportation, which preserved small quantities in South American and other foreign banks until recent decades. Although several hundred thousand pieces were paid out to Federal Reserve Banks, per Roger Burdette, the small surviving population of this date does not suggest that any large quantities ever made it into public hands domestically. The date is scarce across the Mint State spectrum, and its availability declines sharply in MS64. Gems, although in existence, are far out of reach for all but the most financially backed collectors. These few Gem-quality survivors were likely acquired directly from the Mint Cashier at the time of issue for numismatic purposes.
This near-Gem example displays well-struck design elements with minor high-point contact marks that define the grade. The fields are thoroughly lustrous, and each side exhibits soft straw-gold coloration. Census: 21 in 64 (1 in 64+), 4 finer (11/16).
From The Renz Family Collection of $20 Gold Coins.
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