1908-S $20 MS66 PCGS. CAC....

Description

Magnificent 1908-S Twenty, MS66
Ex: Akers/Duckor

1908-S $20 MS66 PCGS. CAC. Ex: Akers/Duckor. The 1908-S is an interesting issue in the Saint-Gaudens series. The usual scenario is high mintage/low availability, as a result of meltings in the 1930s. That was not the case with the 1908-S. While it is certainly not a common coin, there are more 1908-S twenties available than the extremely low mintage of 22,000 pieces might at first indicate. Quite a few pieces were placed into circulation and today there are twice as many 1908-S twenties in AU58 or lower grades than MS60 and finer. However, at the upper end of Uncirculated, there are only 14 other coins that have been graded MS66, and five are finer (3/10).
The 1908-S is one of the finest produced Saint-Gaudens twenties, along with such well-known type coins as the 1923-D and 1928. The mint luster is typically thick and frosted, and pieces are usually found with orange-gold or reddish color. Another trait often seen are copper alloy spots. This coin has a few of those spots, helpful for those who wish to trace pedigrees, but we have been unable to trace ownership prior to David Akers. The most apparent of these alloy spots are seen on the left side of the obverse. The mint luster is heavily frosted and each side has rich reddish patina with slight accents of lilac on the reverse. As with almost all examples seen of this popular issue, the striking details are strong throughout, including Liberty's toes and the breast feathers of the eagle.
While this magnificent coin "carries its own credentials" regarding eye appeal, as a way of underscoring its overall quality the coin has resided in two of the foremost collections of 20th century gold, noted dealer David Akers and premier collector Steven Duckor.
From The Personal Collection of David W. Akers.(Registry values: N1)

Coin Index Numbers: (NGC ID# 26FA, PCGS# 9149, Greysheet# 10161)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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