By CoinWeek ….
A Gem 1930-S Saint-Gaudens Double Eagle graded MS65 by PCGS and given a inexperienced sticker by CAC is a part of GreatCollections’ first February U.S. coin public sale on Sunday, February 2. Solely 50 to 100 examples of the 1930-S survive right now, and solely about one or two come to public sale annually, making this a uncommon alternative to acquire one of many scarcest Saint-Gaudens Double Eagles out there.
The nation was getting into the darkish days of the Nice Melancholy in 1930, and with the demand for coinage consequently a lot decrease, the United States Mint put the brakes on coin manufacturing. Within the San Francisco Mint’s final 12 months of double eagle manufacturing, the department mint struck a scant 74,000 Saints for circulation, and over 99% of that was melted after the gold recall of 1933. The one collectible Saint-Gaudens Double Eagle with a decrease mintage is the 1927-D.
Fortunately for collectors, the few out there 1930-S double eagles come good, with most licensed examples falling within the mid-Mint State vary. This is because of not solely the standard of San Francisco’s work that 12 months but additionally luck as the difficulty doesn’t appear to have been shipped off to European banks like many different latter-date double eagles. The best 1930-S is believed to be the specimen that’s a part of the Nationwide Numismatic Assortment on the Smithsonian in Washington, D.C.. It’s estimated to be an MS68, one-and-a-half factors above the best cash at PCGS, which grade MS66+.
Earlier than COVID, Gem Mint State items have been promoting for between $150,000 and $175,000. In recent times, they’re promoting for nearly $300,000. The instance at present being provided by GreatCollections is a part of the Schwenk Household Assortment of Saint-Gaudens Double Eagles by Date, and lists the Elite and Morehead collections as a part of its pedigree on the label. On the time of publication, the very best of 65 bids is $205,000.
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To go looking by way of GreatCollection’s archive of over 600,000 licensed cash and notes the corporate has offered, please go to the GreatCollections Auction Archives.
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