1901 $20 PR66 Cameo NGC....

Description

Impressive 1901 Double Eagle, PR66 Cameo

1901 $20 PR66 Cameo NGC. The 1901 double eagle is considered one of the relatively common proof issues of the Type Three design, despite a mintage of only 96 coins, and a survival in the range of 40 to 50 coins. Many of the survivors are impaired, with others just below the Gem grade level. This was the last issue where cameo coins are available, with the NGC Census Report showing 31 of the 42 certified coins have a Cameo or Ultra Cameo designation. From 1902 to the end of the series, only about half of all submissions have been called Cameo and just four coins are considered Ultra Cameo. This 1901 double eagle is highly important for type collectors.
Both sides have fully lustrous and satiny yellow-gold devices with deeply mirrored fields. A few faint hairlines are evident on each side of this highly desirable and attractive example. Faint bluish patina is evident in the protected areas that adds to the overall aesthetic presentation.
NGC has only certified four examples of this date in PR66 Cameo, with one each in PR66 Ultra Cameo and PR67 Ultra Cameo, the only two coins that are graded finer by the Florida firm (10/10). A single PR66 Cameo example is the finest that PCGS has certified. The total certified population is 86% of the original mintage, an unrealistically high percentage. There is no doubt that all of the NGC and PCGS population figures, including a total of 83 coins, includes numerous resubmissions.(Registry values: P1)

Coin Index Numbers: (NGC ID# 26EN, PCGS# 89117, Greysheet# 10111)

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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