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Lot
5296

1900 $20 PR65 Cameo NGC....

2011 January Tampa FUN Signature & Platinum Night US Coin Auction #1151

 
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Auction Ended On: Jan 6, 2011
Item Activity: 5 Internet/mail/phone bidders
904 page views
Location: Tampa Convention Center
333 S. Franklin St.
Tampa, FL 33602
Description:

1900 Double Eagle, PR65 Cameo
Rich, Reddish Patina and Noticeable Contrast
1900 $20 PR65 Cameo NGC. There were 124 proofs struck of the 1900 double eagle, an upward blip in the numbers usually struck of this high-denomination gold coin. Undoubtedly extra pieces were ordered from the Mint as mementoes of the turn of the new century. From the data we have recorded over the past 17 years the average 1900 proof twenty is PR62.7, but Garrett-Guth's average is slightly higher at 63.4, and higher yet among PR60+ pieces at 63.9, indicating many of these coins were well preserved by their new owners. Cameo examples are relatively available with 31 pieces certified in all grades. There are also 41 non-Cameo coins and 12 Deep/Ultra proofs (11/10). The total of 84 proofs certified in all grades by both of the major services probably only represents 65-70 individual coins once duplicate submissions are factored out.
This is an exceptionally attractive proof striking. The surfaces have deep reddish patina over each side and, of course, the frosted devices are immediately apparent and strongly contrasted against the deeply mirrored fields. The fields show a slight orange-peel texture, a result of planchets that were placed in an annealing furnace that was set at too high a temperature and previously used to anneal copper or silver proofs. There are few pedigree identifiers on either side, the most notable being a tiny contact mark in the field in front of Liberty's face and another in the field behind the neck. Exceptional in all respects. Census: 7 in 65 Cameo, 5 finer (11/10).(Registry values: P1) (NGC ID# 26EM, PCGS# 89116)

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