The recent sale of the 1927-D Saint-Gaudens Double Eagle for $3.09 million has caused ripples in the numismatic circles, sparking conversations about its historical significance and the factors contributing to its record-breaking price.
Graded PCGS MS66+ CAC and with an impressive provenance, this coin's allure goes beyond its monetary value. The buzz surrounding this sale prompts questions about the broader implications for the rare coin market and the motivations of collectors and investors alike.
The mystery shrouding the identities of the seller and buyer adds an intriguing layer to this already enthralling tale, leaving enthusiasts keen to discover more about the journey of this exceptional piece.
Key Takeaways
- 1927-D Double Eagle sells for record $3.09 million.
- Eliasberg Collection provenance enhances rarity.
- Anonymity in sale preserves confidentiality.
- Witter Coin's expertise crucial in historic transaction.
Coin's Remarkable Sale Price
The extraordinary sale price of $3.09 million achieved by the 1927-D Saint-Gaudens Double Eagle through Witter Coin marks a significant milestone in numismatic history. This transaction underscores the coin's exceptional rarity and unparalleled quality, positioning it as one of the most sought-after pieces for collectors and investors alike.
Graded PCGS MS66+ CAC, the second finest known example of this rare 20th-century U.S. circulation strike gold coin, solidifies its investment value. Previously part of the renowned Eliasberg Collection, the coin's journey to the 2021 Chicago Worlds Fair of Money further emphasized its significance.
With experts lauding its remarkable quality, lack of abrasions, and mesmerizing color, this exceptional sale price reinforces its status as a prized possession in the world of rare coins.
Seller and Buyer Anonymity
Amid the remarkable sale of the 1927-D Saint-Gaudens Double Eagle, the decision of both the seller and buyer to maintain anonymity adds an intriguing layer of confidentiality to this high-profile transaction. This choice underscores the significance of privacy for collectors in the numismatic world.
The anonymity maintained by the parties involved speaks to the exclusivity and discretion often sought after in such rare acquisitions. By choosing to remain undisclosed, the seller and buyer protect their identities and intentions, allowing them to operate discreetly within the coin industry.
This level of confidentiality not only adds mystique to the sale but also safeguards the privacy of those involved, reflecting the importance placed on anonymity and collector privacy in high-end numismatic transactions.
Eliasberg Collection Significance
With a legacy spanning decades, the Eliasberg Collection embodies unparalleled historical and numismatic significance in the domain of U.S. Mint coins. Louis E. Eliasberg Sr., known as 'The King of Coins,' meticulously assembled a complete set of U.S. Mint coins, including the revered 1927-D Saint-Gaudens Double Eagle.
This collection is revered for its depth, quality, and rarity, making it a cornerstone of numismatic history. The inclusion of the 1927-D Double Eagle in the Eliasberg Collection further solidifies its importance, as this coin represents a pinnacle of American coinage excellence.
The Eliasberg legacy continues to captivate collectors and experts alike, showcasing the passion and dedication of one of the most renowned numismatists in history.
Industry Recognition for the Coin
Louis E. Eliasberg Sr.'s meticulous curation of the complete set of U.S. Mint coins, including the esteemed 1927-D Saint-Gaudens Double Eagle, has garnered notable industry recognition for its exceptional quality and historical significance.
- The coin's historical significance stems from being part of the renowned Eliasberg Collection, known for its completeness and quality.
- Expert appraisal of the 1927-D Double Eagle highlights its exceptional color, condition, and rarity, making it a standout piece in numismatic history.
- The lack of abrasions on the coin, noted by experts, further accentuates its exceptional quality and preservation over time.
- The sale price of the coin, reflecting both its rarity and outstanding quality, underscores the industry's acknowledgment of its significance in the world of coin collecting.
Witter Coin's Role in Sale
Witter Coin, a distinguished numismatic firm based in San Francisco, played a pivotal role in facilitating the record-breaking sale of the 1927-D Saint-Gaudens Double Eagle for $3.09 million. Leveraging Witter Coin's expertise in rare and valuable coins, the sale exemplified current numismatic market trends. The firm's reputation for handling high-profile coin transactions contributed greatly to the successful outcome of this historic sale.
| Witter Coin's Role in Sale | Details |
|---|---|
| Expertise | Specializing in rare and valuable coins |
| Market Trends | Demonstrated through record-breaking sale |
Coin's Rarity and Quality Recognized
Recognized within the numismatic industry for its exceptional rarity and outstanding quality, the 1927-D Saint-Gaudens Double Eagle has garnered significant acclaim. This coin's rarity appreciation and quality recognition are evident through various aspects:
- Historical Significance: Being the rarest 20th-century U.S. circulation strike gold coin, it holds a unique place in American numismatic history.
- Grading and Authentication: Graded PCGS MS66+ CAC, it is the second finest known, emphasizing its exceptional quality and preservation.
- Previous Ownership: Formerly part of the esteemed Eliasberg Collection, known for its meticulous curation of coins, further enhances the coin's prestige.
- Expert Recognition: Experts have praised the coin for its lack of abrasions, great color, and overall exceptional condition, solidifying its reputation as a numismatic treasure.
Conclusion
To sum up, the recent sale of the 1927-D Saint-Gaudens Double Eagle for $3.09 million by Witter Coin highlights the coin's exceptional rarity and quality.
With seller and buyer anonymity maintained, the coin's significance as the second finest known example from the Eliasberg Collection has garnered industry recognition.
Witter Coin's expertise in handling high-profile numismatic pieces was evident in facilitating this record-breaking transaction.
