1932 $20 MS(PCGS#9194)

March 2021 U.S. Coins Auction

拍卖行

Stack's Bowers

批号

4188

等级

MS64

价格

591,482

详细说明

Choice Mint State 1932 Double Eagle Rarity 1932 Saint-Gaudens Double Eagle. MS-64 (PCGS). CAC. A lovely example of this historic rarity with blended pinkish-rose highlights to dominant golden-apricot patina. The luster is full with a satin to softly frosted texture, and the eye appeal is truly superior for the assigned grade. Sharp striking detail rounds out an impressive list of attributes for this beautiful coin. The 1932 double eagle was never officially released into circulation, but rather they were stockpiled in Treasury vaults immediately after striking. A few found their way into numismatists' hands when they were exchanged for common date double eagles through unofficial connections at the Mint. The Gold Surrender Order put an end to this source and so the remaining coins sat in the vaults. In 1937 the Treasury started melting down gold held in their possession into ingots, at which time virtually all of the 1,101,750 double eagles struck at the Philadelphia Mint in 1932 headed off to the melting pots. At most 100 examples remain, all of which are in Mint State. In addition to its rarity, the 1932 double eagle is always popular as the last collectible issue in the Saint-Gaudens series. Only one example of the near-mythic 1933 double eagle is currently legal to own and is unlikely to be sold anytime soon. The present example has been off the market for more than half a century, and its offering in this sale is a rare opportunity to add a superior quality example of the 1932 issue to an advanced gold cabinet. Provenance: From the A.J. Vanderbilt Collection. Earlier ex our (Stack's) sale of the Andrew M. Watson Collection, October 1966, lot 2240. PCGS# 9194. NGC ID: 26GR. Click here for certification details from PCGS. Click here to see Coins in Motion.[“Coins]