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Lot
1761

1900 $20 PR66 Ultra Cameo NGC....

2008 March Phoenix, AZ (ANA) Signature Auction #1102

 
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Auction Ended On: Mar 7, 2008
Item Activity: 8 Internet/mail/phone bidders
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Location:

Phoenix Convention Center
West Building
100 North 3rd Street
Phoenix, AZ 85004

Lot Viewing: Room 106B

Auction: Room 106A

Description:
Finest-Graded 1900 Proof Double Eagle
PR66 Ultra Cameo
1900 $20 PR66 Ultra Cameo NGC. The 1900 Liberty Head proof double eagle is not a particularly impressive date, either in terms of original mintage or surviving population. Garrett and Guth, writing in their Encyclopedia of U.S. Gold Coins, 1795-1933 (2006), had the following comments about the issue: "Although the number of coins known for this date is relatively high for a Proof Liberty Head double eagle, many are impaired or otherwise damaged. There are probably around 50 examples known in all levels of preservation."
The current specimen, far from being damaged or impaired in any way, is an extremely impressive representative that is unmatched for overall quality at either of the major grading services. As of January 2008, this is the sole example to be certified as PR66 Ultra Cameo by NGC, with none finer. PCGS has graded no 1900 proof finer than PR65 Deep Cameo.
It would be difficult to overstate the eye appeal of this magnificent Premium Gem. At arm's length it presents a stark white-on-black appearance, as the intensely watery fields provide an impressive backdrop for the fully frosted devices. Closer inspection under low magnification reveals that all of the design elements have been reproduced with razor-sharp precision, including the finer details of Liberty's hair and the sometimes incomplete lower details of the eagle. Also noteworthy is the cleanliness of the impeccably preserved surfaces, both on the obverse and the reverse.
This is truly a remarkable coin that seems virtually unimprovable, and would enhance the overall standing of any advanced collection of proof gold coinage.
From The Ultra Collection.(Registry values: P1) (NGC ID# 26EM, PCGS# 99116)

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