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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 6100

Starting price: 1 USD
Price realized: 27 000 USD
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Saint-Gaudens Double Eagles
1926-D $20 MS64 PCGS. Most 1926-D double eagles went into long term storage after production and were later melted in the 1930s. Research conducted by noted numismatist Roger Burdette shows that 5,000 coins were distributed to Federal Reserve Banks, and these were likely the source of the coins that eventually ended up in European gold reserves. Overseas hoard coins represent a significant portion of the 1926-D double eagles known today. Other survivors -- including some of the high-grade representatives -- were acquired from a supply of several hundred pieces that were in the stock of the Mint Cashier in 1926.
Burdette estimates that as many as 600 pieces are known in all grades, but the vast majority grade no finer than MS62. This Choice example is a genuine rarity, and finer pieces are prohibitively rare and expensive. The coin shows a bold strike with good rim definition and sharp devices. Satiny orange-gold luster exhibits light abrasions, none individually obtrusive. Population: 23 in 64 (1 in 64+), 5 finer (10/16).
Selections From The Dr. James C. Kirk Collection of Saint-Gaudens Double Eagles.
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