1901 $20 PR64 Cameo NGC....

Description

Rare 1901 Double Eagle, PR64 Cameo

1901 $20 PR64 Cameo NGC. Any proof coin dated 1901 that has even a trace of cameo contrast is an important item. To find such a coin with obvious contrast, such as this piece displays, is nothing short of extraordinary. Beginning at about this time, the Mint discouraged such coins, preferring the total brilliance of non-contrasting pieces. Dies were prepared in the standard manner without any special treatment, so that cameo pieces only represent the earliest strikes from new dies.
The population reports fail to indicate the true rarity of such pieces, but clearly show the change in production. For example, the NGC Census Report shows that nearly every proof double eagle from 1887 through 1899 has some degree of contrast, as there are only 11 coins (out of 246 certified) from those years that have been certified without a Cameo/Ultra Cameo designation. In 1900, some non-Cameo pieces begin to appear, and in 1901 the number of non-Cameo proofs increases dramatically. From 1902 through 1906, non-Cameo pieces exceed Cameo proofs, and Ultra Cameo examples are virtually nonexistent (with the exception of a single 1904).
This near-Gem proof has excellent cameo contrast, deep lemon-yellow color, and exceptional design definition. A few virtually invisible lines on Liberty's cheek keep it from the Gem grade level. The double eagle connoisseur is sure to appreciate this lovely piece. Census: 11 in 64 Cameo, 8 finer (1/08).(Registry values: P1)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz

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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