1904 $20 PR65 Cameo PCGS....

Description

Remarkable PR65 Cameo 1904 Twenty

1904 $20 PR65 Cameo PCGS. For double eagle collectors, the date "1904" usually conjures up images of thousands upon thousands of type coins, back in the U.S. after an extended stay in European gold holdings. For proof double eagle enthusiasts, however, 1904 is important for a far different reason: it is the year that the mintage for proof twenties fell back into the double digits after reaching a then-high 158 pieces the year before. The production of 98 specimens in 1904, in turn, would not be reached again in the Liberty double eagle series.
Proof coins of 1902 to 1916, particularly the proof gold of 1902-1907, is noted for its usually seen "brilliant" surface style, which shows little to no contrast between fields and devices. The presence of appreciable frost, and thus a cameo effect, is unusual on these later dates and particularly prized when seen, especially on higher-graded representatives.
The moderate contrast on this Gem specimen sets it apart. Gold-frost devices are exquisitely detailed and surrounded by deep mirrors that sport rich honey-gold and orange hues. Occasional hints of light clouding in the fields and a few small peripheral defects combine to account for the grade, but the overall visual effect is remarkable. Between the impressive preservation and the uncommon level of cameo contrast, this proof gold beauty is a winner in every respect. Population: 6 in 65 Cameo, 0 finer (9/10).(Registry values: P2)

Coin Index Numbers: (NGC ID# 26ES, PCGS# 89120, Greysheet# 10120)

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.

View Certification Details from PCGS