1908 $20 Motto PR66 NGC....

Description

Contact-Free 1908 With Motto Twenty, PR66
A Splendid Specimen of This First-Year Type

1908 $20 Motto PR66 NGC. The 1908 With Motto proofs of the new Augustus Saint-Gaudens design--here as modified by Mint Engraver Charles Barber--are the first of the double eagle denomination that collectors of average means stand a chance of obtaining, as all of the earlier proof strikings are highly elusive and expensive. The heavy matte finish on these coins--of all denominations--was as unpopular in its day as it is popular with legions of collectors today.
A total of 101 matte proofs were reportedly made of the 1908-dated twenty dollar issue, although a few pieces are also certified with a satin or Roman finish; clearly, this was a time of Mint experimentation with the various finishes known on several denominations, including both the new Saint-Gaudens and Bela Pratt designs.
Although NGC has recorded 27 submissions of the matte proof format at the PR66 grade level, with 12 finer, it is likely that both of those figures represent numerous duplications (1/11). PCGS has certified only a single matte proof at the PR66 level.
Coupled with the large, impressive twenty dollar denomination and in splendid technical and aesthetic condition, this Premium Gem first-year-of-type proof coin should prove to be a rare prize for some lucky bidder. The surfaces appear free of any contact, although there are a couple of rim irregularities on the upper left of the reverse, but these appear to be of Mint origin as the matte texture covers them. Consistent honey-gold color is seen over each side except for a suggestion of deeper brownish-gold at the lower obverse, below the date. The strong collector demand for proof gold in higher grades certainly shows no sign of abating.
From The Mesquite Collection.(Registry values: N10218)

Coin Index Numbers: (NGC ID# 26GV, PCGS# 9205, Greysheet# 10191)

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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