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Everything posted by EliteCollection
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Tom Koessl built this amazing set over a few decades, so it's referred to as the Koessl Matte Proof Set. Even though I now own the set, I will likely always refer to it as the Koessl set and will keep the Koessl slab and label as they are amazing. As far as the certs go, Koessl's attention to detail went as far as getting PCGS to give him custom cert numbers in the format 00DDYYYY, where DD is the denomination and YYYY is the year. 00051912 for a 1912 $5 and 00201915 for a 1915 $20.
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A lot of registry sets include unique coins. They sometimes even include coins that only exist in the Smithsonian. So that's not a good reason not to include the 1933 with the Saints sets. The reason why it's not included in the PCGS set registry is likely because at the time PCGS set registry was created (2001), none of the 1933 saints were legal to own. This 1933 wasn't monetized until 2002. Stuart Weitzman didn't collect other coins, so it didn't matter to him. I might petition PCGS to include the 1933 with the other Saints sets, but I bet it will be quite political because it's going to make it impossible for anyone else to beat my sets. But I am trying to be the #1 set without including my 1933 Saint, so that this is a moot point.
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He's been selling part of his collection over the years. He recently decided to sell his saints. Almost 1/2 of his saints are listed in preview state. You can see the first one here: https://coins.ha.com/itm/saint-gaudens-double-eagles/a-written-description-will-be-available-soon/p/1348-12040.s?ic16=ViewItem-BrowseTabs-Auction-Preview-ThisAuction-120115 Just click on the next one in the list to see the next ones.
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Both PCGS and NGC went to see the coin at Sotheby's and graded the coin MS 65 outside of the holder, which is very rare. And John Albanese also saw it and said he would sticker it at MS 65 if it was ever holdered. After I won, I sent it into PCGS and then CAC. It's now in a PCGS MS 65 CAC holder. https://www.coinnews.net/2021/07/28/pcgs-encapsulates-legendary-1933-saint-gaudens-double-eagle/
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The difference between the 1933 DE and the 1928 coins or 1913 nickels is that the government has always (or at least soon after the coins got out) considered the 1933 DE illegal and went after every instance of the coin they can find. It's an embarrassment for the government to have any 1933 DE out there. For the bag of 1928 and the 5 1913 nickels, these coins were traded legally for so long that it wouldn't make sense to go after the current owners. Whereas, each owner of the 1933 DEs all know that their coin's legality is questionable.
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So it was likely a coin for coin exchange, either (A) illegally by a mint employee maybe even right before a bag of 1933 coins were melted or (B) over the counter and accidentally exchanged. One can argue whether or not the coins should be legal if (B). The government can still claim it was a mistake and want to correct it. But as @VKurtBsaid, all 1933 coins passed through the hands of Swift, so that makes (B) highly unlikely. Occam's razor suggests that the simplest answer is A, which makes these 1933 DEs illegal. Anyways, no need to rehash this same argument. I'm not going to convince you guys and you're not going to convince me. Agree to disagree?
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Unfortunately, in this case tie goes to the government. The 1933 coin was never released to the public. If it was, it was either a mistake or illegally. So I take that back about every 1933 being illegal. If it was a mistake, the government can correct that mistake. They should have exchanged the coin for another DE. Just like if the IRS made a mistake and gave me a bigger tax refund, they can ask for it back. Anyways, you are right, there's not enough evidence either way. So we all have our take on what is right. Probably true but that's the same as "most people want to pay less tax". Numismatists of course want to be able to get their hands on more 1933 DEs. What I can tell you is that I thought the government was justified to confiscate the 1933 DEs. That was my opinion even before I purchased the Farouk one. Elite Collection will be just fine. Here you go: https://www.pcgs.com/setregistry/gold/20-gold-major-sets/st-gaudens-20-gold-major-varieties-1933-patterns-1907/360