Described as “quite a spectacular coin,” the second-finest known 1927-D Saint-Gaudens double eagle has been sold for $3,090,000 by Witter Coin of San Francisco, Calif. Once part of the legendary Eliasberg Collection, it is graded PCGS MS-66+ CAC.
“I’ve always wanted to handle a 1927-D Saint since I was a kid collecting coins,” said Seth Chandler, owner of Witter Coin. “It is the rarest 20th century U.S. circulation strike gold coin released for circulation, and I’m happy to have this opportunity to place it in a splendid collection. The buyer is a private collector who is thrilled to own an ultra-classic rarity.”
Both the buyer and former owner of the coin want to remain anonymous, according to Chandler.
“It’s quite a spectacular coin,” said John Albanese, founder of Certified Acceptance Corporation (CAC). “I’ve handled four other ’27-D Saints over the years, but this was the first time I saw the Eliasberg coin in person. I was really blown away by it and its great color, and lack of abrasions that usually plague this issue.”
Louis E. Eliasberg Sr. (1896-1976) was a Baltimore, Md., financier known as “The King of Coins” because of his unmatched achievement of collecting a virtually complete set of examples of every U.S. Mint coin known at the time.
The 1927-D double eagle was set to be displayed by Witter Coin at its booth during the 2021 Chicago World’s Fair of Money Aug. 10-14.
Witter Coin is located at 2299 Lombard St., San Francisco. The gallery is open Monday to Friday from 10 a.m. to 6 p.m. and Saturday from 10 a.m. to 3 p.m. For more information, call (415) 781-5690 or email sales@WitterCoin.com.