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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 6101

Starting price: 1 USD
Price realized: 19 000 USD
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Saint-Gaudens Double Eagles
1927-S $20 MS61 NGC. The 1927-S double eagle has a higher mintage than its Philadelphia counterpart -- just over 3.1 million pieces versus under 3 million coins. That makes it a perfect illustration of just how irrelevant mintages are to rarity among late-date Saint-Gaudens twenties; The 1927 is one of the most common type coins of the series, while the 1927-S is scarce and costly regardless of condition. Because of numerous repatriations from Europe over the past 50 years, there are now perhaps as many as 120-140 Uncirculated examples known of the 1927-S. This piece has lost little of the frosted luster characteristic of the issue. Rather, the coin's grade is derived from numerous small abrasions that are peppered over both sides. The strike definition is also strong throughout. This is an unusual opportunity for the collector to acquire this scarcity in a lower and more affordable grade, while still purchasing a Mint State example. Census: 14 in 61, 76 finer (10/16).
Ex: Summer FUN Signature (Heritage, 7/2011), lot 5289.
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