1925-S Saint-Gaudens Double Eagle. MS-63 (PCGS).A sharply struck, uncommonly well preserved example of this underrated late date Saint-Gaudens double eagle issue. Charming satin surfaces and also possessed of vivid orange-gold patina. The 1925-S is a leading condition rarity in this series, a mintage of 3,776,500 pieces concealing its true rarity. Most of the coins struck were retained in federal vaults until destroyed through melting in the late 1930s. Many of the survivors have been repatriated from foreign bank hoards in recent decades, but the numbers involved are limited to the extent that the 1925-S remains elusive in todays market. Furthermore, this is the only mintmarked double eagle of its era for which approximately half of the extant population is circulated as opposed to Mint State. With precious few examples certified finer than MS-63, this lovely piece represents a particularly significant find for the astute double eagle collector.From the Magnolia Collection.
