Lot 4130
1925-D $20 St. Gaudens. NGC graded MS-65. Bright and intensely frosty. Pop 7; only 1 higher in 66. There are a few very light marks in the rays to either side of Liberty, with but a single mark on the leading leg just at the calf, and these can be used as identifiers. Beautifully preserved with exceptionally clean surfaces and thick bright golden mint frost. Subtly variegated patina around Liberty adds even more to the overall attractiveness of this high grade Gem. Broadly and well struck on the legends and main device, which is unusual for such a rare issue as the 1925-D, plus a bold sense of detail at the centers. Concerning this year, many were struck, few were saved, most were in the banks when Franklin Roosevelt confiscated the gold in April 1933. And, sadly for today's collectors, almost all of the confiscated gold coins were later sent to be melted (1937). The resulting 400 ounce "coin" bars (= .900 Fine) that resulted were then neatly stacked in the shadowy vaults of Fort Knox, Kentucky and the recesses of the New York City branch of the Federal Reserve Bank underground vaults. This is one of the rare Gems to survive.
Estimated Value $60,000 - 70,000.
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| Realized $66,700 |
