Norweb's famous 1921 double eagle lands at Heritage



2015-06-26 11:58:06

Norweb's famous 1921 double eagle lands at Heritage

One of just nine known examples, this coin, once part of the Norweb collection, auctions this month

A 1921 double eagle, graded MS63 by PCGS and pedigreed to the famous Norweb Collection, is the signature rarity at Heritage Auction Galleries' upcoming US Coin Auction.

Floor sessions will be held April 28-30 in conjunction with the Central States Numismatic Society's annual convention in Milwaukee, US.

 The Norweb 1921 doubleeagle

"The Norweb 1921 double eagle, is an incredible coin in its own right but greatly aided by its pedigree," said Todd Imhof, Executive Vice President of Heritage Auction Galleries.

"In our most recent auction in Fort Worth, the glamorous Norweb pedigree helped propel a 1911-D quarter eagle to the top of the Prices Realized chart, and the Norweb name is sure to aid this double eagle as well."

As with many later dates in the Saint-Gaudens double eagle series, the historic 1921 was never released to circulation in significant numbers, making it extremely scarce and valuable today.

 Bids on the coin currently stand at $160,000, with nine days of bidding left

The appearance of a high-grade example, such as this Select Mint State coin, is sure to generate excitement when it sells as part of Heritage's Platinum Night session on April 29.

The Norweb 1921 double eagle is the most important coin in The Carter Family Collection, which contains a broad range of rarities.

Additional highlights include a 1920-S double eagle graded MS64 by PCGS, and a 1932 double eagle graded MS66 by PCGS.

Another marquee coin among the Platinum Night gold is an 1879 Flowing Hair Stella in gold, graded PR66 by NGC.

The unusual denomination of four dollars has made this pattern a longstanding favourite, accorded a place of honour alongside regular-issue coins in many collections and numismatic publications.

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