Saint-Gaudens Double Eagles
1925-S $20 MS63 PCGS. Although more than 3.7 million pieces were struck, the 1925-S double eagle is scarce in all Mint State grades. In their gold coin Encyclopedia, Garrett and Guth write: "The tremendous mintage reported for the 1925-S double eagle should be disregarded, as most of this issue ended up being melted in the 1930s (like so many other branch-mint issues of the period)." Auction data for this issue over the past two decades indicates that Mint State examples are most frequently seen in MS63 or lower grades, with finer pieces being rare. This is in agreement with the certified population figures.
The current Select example displays a bold strike and satiny peach-gold mint luster. A few light abrasions determine the grade but none are individually significant. Population: 94 in 63 (1 in 63+), 29 finer (7/17).
From The Morgan Hill Collection.
HID02901242017