1900 $20 PR67 Cameo NGC. CAC....
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Tied for Numerically Finest Graded
In the case of the 1900 proof double eagle, the original mintage -- which often does not equal the number actually sold -- was 124 pieces. The fairly high number is readily explainable by the turn-of-the-century date, so the Mint likely struck off some extra pieces. Garrett and Guth estimate in their Gold Encyclopedia, second edition, that about 50 examples survive today. The CoinFacts website on PCGS pegs the number at precisely 61 coins in all grades, of which only 15 are in Gem proof or finer condition. The online PCGS Population Report, interestingly, gives a range of 50 to 65 pieces surviving.
This Superb Gem proof is by far the highest-graded example of the issue we have ever had the privilege to offer since we began maintaining our Permanent Auction Archives in 1993; the previous pieces have topped out at the PR65 grade level, with several in lower grades.
The present coin, as mentioned, is one of the technically finest certified of the issue, and it measures up completely in the aesthetic department, as well. The surfaces are fully struck on both sides, and no visible weakness appears on the star centers, the high-point hair, or any other details on the obverse. The reverse shows full details in the shield lines, the intricate details of the eagle's inner wing feathers and claws, and all lines in the glory of rays. The bottom-right corner of the N in TWENTY is somewhat abbreviated, apparently from die preparation, as this is an anomaly that occurs on all examples we have seen.
The color is an even orange-gold throughout both sides. As demanded at this grade level, there are no obvious signs of contact, and little in the way of obvious pedigree markers for future identification. Even though this piece is certified Cameo rather than Deep or Ultra Cameo -- a trait it shares with the vast majority of other certified survivors -- the surfaces easily "fade to black" with a slight turn of the coin, and the appearance verges on an Ultra Cameo designation.
As another remarkable offering in this incredible consignment of proof Liberty Head double eagles, among the two finest graded and with the CAC green-label designation as well, we expect that this piece will perform quite well when it crosses the auction block. Astute bidders will be prepared. Census: 2 in 67 Cameo, 0 finer (2/12).
From The William D. Plumley Collection.(Registry values: P1) (NGC ID# 26EM, PCGS# 89116)
Service and Handling Description: Coins & Currency (view shipping information)