1927-D Double Eagle Realizes Record $4.44 Million in Heritage Sale

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An exceedingly rare 1927-D Double Eagle MS66 PCGS, part of The Bob R. Simpson Collection, Part IX, soared to a record $4.44 million at Heritage Auctions US Coins Signature® Auction.

1927-D Saint-Gaudens Double Eagle, MS66
1927-D Saint-Gaudens Double Eagle, MS66 (Imaged by Heritage Auctionj, HA.com)

The result shattered the previous record for the 1927-D Double Eagle of $2.16 million at Heritage’s FUN US Coins Signature Auction in January 2020.

"We expected the strength of the $20 Saint market to continue into the sale of Mr. Simpson’s collection, but certain results still far exceeded our estimates," Heritage Auctions Executive Vice President Todd Imhof said. "What was most remarkable to me about the $4.44 million sale was the fact Heritage delivered at least five bidders on the 1927-D $20 who remained engaged on the coin even as it surpassed $3 million."

The auction continues with three more sessions, two more Friday and an internet session Sunday afternoon. The schedule can be found at HA.com/1348.

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Kaiser Wilhelm

Dagnabit and tarnation! Here I was just $4.45 million short of scoring that awesome coin!

Antonio

Maybe next time. It is a beautiful coin.

Kaiser Wilhelm

Yes it is, but to get it I’ll be forced to sell my Chinese forgery of the Mona Lisa.

Antonio

Do you have more than one?

Kaiser Wilhelm

Indeed, Antonio, that would not be a problem. There’s this character from Hong Kong in my building who’s a master at copying forgeries.

Antonio

I read yesterday, apparently Saint-Gauden’s eagle is based on the flying eagle on Gobrecht’s dollar and the Flying Eagle Cent. I’ve always liked that rendition. Too bad neither coin made it to a long life as currency. I also like the Flying Eagle reverse, which is also on the later one dollar gold coins and three dollar gold coin. It’s interesting in its symbolism and look.

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Kaiser Wilhelm

I wasn’t familiar with either of those coins, Antonio, so of course off I went in search of descriptions. Therefore, pictured below is the Gobrecht Silver Dollar.

NNC-US-1836-1$-Gobrecht_dollar_(plain_edge_&_name).jpg
Last edited 1 month ago by Kaiser Wilhelm
Antonio

It’s a nice design and I’ve always wondered why it wasn’t issued for circulation. Also the Flying Eagle One Cent. I don’t see a valid reason, unless it was something behind the scenes. We may never know.

Kaiser Wilhelm

It’s actually a great design, but who knows what drives people’s decisions.

Kaiser Wilhelm

And naturally, also a look at the Flying Eagle Cent in its natural habitat…

NNC-US-1858-1C-Flying_Eagle_Cent.jpg
Antonio

Has you ever seen this?

001_1_12.jpg
Antonio

The reverse.

001_2_11.jpg
Antonio

The more I study, the more I learn.

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Kaiser Wilhelm

And quite likely, Antonio, the more you learn the more you want to study. Believe me, I know that feeling well as I’ve been guided by that very impulse since elementary school in the early 1950s.

Kaiser Wilhelm

Nosirree, Antonio, that cent with the obverse and reverse pictured is definitely a new one to me.

Last edited 1 month ago by Kaiser Wilhelm
Antonio

for a cool $55,000

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Kaiser Wilhelm

Mere chicken feed, or should I more appropriately say bird feed.

Antonio

That 1855 is selling for $4,500. If I had it, I’d purchase it. Nice addition to my collection, even though it’s a pattern.

Kaiser Wilhelm

Let’s see, I going to do the math here. $4,500 for that striking coin, or roughly the same towards my real estate taxes and a roof over my head. Well, I’m not sure the coin is sufficiently large for shelter, so…