Lot 913
Double Eagle. 1929. PCGS graded MS-65. Wow! For a fresh change of pace you should take a moment to examine this splendid 1929 gem Double Eagle. For not only are the fields and devices superb, but the luster and color are also outstanding. PCGS has only graded 14 this high, with a single coin graded a notch higher, making this about the best available. A few trivial tick marks from perfection, one above the right shoulder of Liberty, another at the end of the lower wing feather. Nearly impossible to locate as a date as virtually all were melted in the gold call-in of 1933. What few did enter circulation mostly were not saved by collectors, hence very few choice or gem specimens remain.
America entered into a terrible depression in 1929 which lasted for many years, pitifully few people were able to hold on to such luxuries and what few were saved were spent for survival. Hence, many reported mintages of Double Eagles don't reflect the reality of the massive meltings which reduced the population by wholesale amounts. A foremost opportunity to put away one of the Finest Known 1929 Double Eagles.
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