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7704

1899 $20 PR65 Cameo PCGS. Proof 1899 Twenties are very ...

2004 August Pittsburgh, PA Signature Sale #352

 
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Auction Ended On: Aug 20, 2004
Item Activity: 4 Internet/mail/phone bidders
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Location: Pittsburgh, PA
Description:
Sparkling Bright 1899 Gem Cameo Proof Double Eagle
1899 $20 PR65 Cameo PCGS. Proof 1899 Twenties are very rare in our experience. This is only the third one we have offered for sale at public auction in the past ten years. Only 84 proofs were struck and the estimates of survivors varies. Akers estimates that perhaps 25-30 pieces are still extant today, while Breen places the number between 35-40 coins. From our experience, and judging from the total number of proofs certified in all grades, we believe that even Akers' estimate may be a bit high. It may well be that no more than 20 separate pieces are known today.
This is an exceptional, deeply mirrored, heavily frosted, cameo proof with eye appeal that goes even further than the stated grade. The only marks of note that might serve as identifiers for pedigree purposes are a couple of abrasions across Liberty's cheek.
From The Greenwich Collection, Part Two.(#89115) (Registry values: P2) (NGC ID# 26EL, PCGS# 89115)

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