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My first Double Eagle! :)
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<p>[QUOTE="GoldFinger1969, post: 8267047, member: 73489"]Not "so many"....<b>virtually ALL of the coins that survive to this day</b> -- 3.7 million at last count -- probably came from overseas, either Europe or South/Central America. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p><u>That's one of the most fascinating things about collecting Double Eagles and Saints: the fact that they largely survive because they were used in balance-of-payments transfers and were not in American vaults from 1933-37 and thus escaped melting.</u></p><p><br /></p><p>What's more, the place where coins were likely to be shipped to Europe was from New York and Philadelphia (East Coast, closer to Europe). So the 1927 (Philly struck) was sent overseas and is plentiful to this day in grades up to MS-65....but the 1927-D (Denver) and 1927-S (San Francisco) were not used in trade largely and stayed in the vaults and got melted down 10 years later....<b><span style="color: #0000ff">which is why they are super-rarities.</span></b></p><p><br /></p><p>Hoards and overseas survivorship track perfectly.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 8267047, member: 73489"]Not "so many"....[B]virtually ALL of the coins that survive to this day[/B] -- 3.7 million at last count -- probably came from overseas, either Europe or South/Central America. :D [U]That's one of the most fascinating things about collecting Double Eagles and Saints: the fact that they largely survive because they were used in balance-of-payments transfers and were not in American vaults from 1933-37 and thus escaped melting.[/U] What's more, the place where coins were likely to be shipped to Europe was from New York and Philadelphia (East Coast, closer to Europe). So the 1927 (Philly struck) was sent overseas and is plentiful to this day in grades up to MS-65....but the 1927-D (Denver) and 1927-S (San Francisco) were not used in trade largely and stayed in the vaults and got melted down 10 years later....[B][COLOR=#0000ff]which is why they are super-rarities.[/COLOR][/B] Hoards and overseas survivorship track perfectly.[/QUOTE]
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My first Double Eagle! :)
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