1908-S $20 MS65 PCGS....

Description

Popular, Low Mintage 1908-S Twenty, MS65

1908-S $20 MS65 PCGS. Though it is not the lowest-mintage Saint-Gaudens twenty released to circulation (the High Relief 1907 issue claims that honor), the 1908-S is a popular double eagle issue nonetheless, and its minuscule production of 22,000 pieces goes a long way toward explaining its popularity. Its limited availability and steep price tag have more in common with the mintmarked issues of the mid- to late-1920s than its neighboring issues of the 1900s and 1910s. In general, the 1908-S issue also shares certain production characteristics with dates such as the 1924-S and 1925-D. Satiny luster, rather than vibrant brilliance, is the norm, and strikes are solid, if not absolutely sharp. A minor orange-peel effect or granularity in the fields is to be expected.
In many ways, the present MS65 survivor exemplifies the best traits of this low-mintage issue. The luster of the peach and yellow-gold surfaces, though satiny, is strong, and both major and minor details of the central devices are well-executed. In two important ways, however, this 1908-S twenty differentiates itself from the pack: no trace of wear appears on the rounded high points, unusual for this significantly circulated issue, and its broad fields are beautifully smooth, with none of the overt abrasions that appear so often on circulated and Mint State survivors alike. All factors considered, an exciting and delightful survivor that should fit well in a similarly graded date set. PCGS has certified 14 finer examples (12/08).(Registry values: N7079)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 22,000

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