Stack’s Bowers Galleries and Sotheby’s hosted their Rarities Auction
on May 25 in New York City after the Pogue IV auction the prior night.
The second sale realized $1,893,688.75. It offered bidders a wide
range of important issues including a key group of foreign gold coins
counterstamped by New York goldsmiths Ephraim Brasher and John Burger
that are popular with collectors seeking examples of gold coins that
circulated in Colonial America.
1920-S Saint-Gaudens $20 double eagle, AU-58+, CAC
The 1920-S Saint-Gaudens $20 double eagle was widely melted by the
government, making surviving examples scarce. Of a mintage of 558,000
pieces, few circulated and today perhaps 100 to 150 survive in all grades.
At About Uncirculated 58+ with a green Certified Acceptance Corp.
sticker, this example is as close to Mint State as one will find short
of a Mint State 60 or finer grade, with only a touch of rub on
Liberty’s leg and the fields keeping it from Uncirculated status.
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Among collectible Saint-Gaudens double eagles, only the 1921,
1927-D, and 1930-S coins are rarer. Of course the famed 1933 double
eagle, of which one is known in collector hands outside of two housed
in the Smithsonian Institution and 10 that are currently the subject
of litigation, is considered noncollectible.
Described as “richly original in reddish-khaki patina,” and with
both sides “sharply defined with virtually complete luster,” this
1920-S double eagle sold for $44,650.
Keep reading this Market Analysis:
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