Lot 1907
1924-S. PCGS graded MS-63 PQ. CAC Approved. Popular rare date. Very close to MS-64. The 1924-S is a wonderful Double Eagle rarity. At one time, it was considered to be among the greatest rarities in the series, handily outclassing the famous MCMVII Ultra High Relief and the incredible Proofs of 1883 and 1884. The appearance of a specimen at auction was a momentous occasion. Today, following the tapping of mainly European and South American hoards, the 1924-S remains elusive, but sufficient numbers exist that they come on the market with regularity, usually in lower Mint State grades.
This attractive example is uncommonly free of sizeable bagmarks for the assigned grade. Close attention reveals a few wispy handling marks on both sides, but the luster is unimpeded with swirling satin-like effects on both sides. Pale golden-rose and peach-gold colors are well blended over suitably well struck features. To repeat, the 1924-S was more highly regarded than such luminaries as the 1920-S, 1921, 1927-D and 1933 once. It is still a condition rarity in this grade, with most survivors grading no finer than the present grade level (PCGS # 9179) .
Estimated Value $10,000 - 11,000.
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| Realized $12,338 |
