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Lot
4565

1910 $20 PR67 NGC....

2011 September Long Beach Signature US Coin Auction #1159

 
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Auction Ended On: Sep 9, 2011
Item Activity: 16 Internet/mail/phone bidders
3,736 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

Magnificent PR67 1910 Double Eagle
A Landmark Offering
1910 $20 PR67 NGC. Last of nine pieces in an original 1910 proof set. The semibright "Roman Gold" finish was a two-year regent of gold proof finishes while the U.S. Mint sought a replacement for the then-unpopular matte proof finish (the "once and future king"). Unfortunately for Roman Gold, it was neither the mirrored finish craved by those nostalgic for the look of proof Liberty double eagles, nor was it the matte texture that had won its share of adherents in 1908, and so it pleased few collectors. Despite a published mintage of 167 specimens that is the highest for any proof gold twenty, the Akers-Ambio Handbook of 20th Century United States Gold Coins does not rate it as the most common date of the series.
In fact, their high-grade rarity rankings put the date firmly in the middle of the pack, despite statements by the authors that "most of the survivors have been well cared for over the years" and "the typical proof 1910 encountered in today's market is overall smooth, if not virtually pristine." At the PR67 level, there are only five coins in the combined certified population with only three listed at PR68 or better (8/11).
Public auction offerings of Superb Gem specimens are even rarer than the coins themselves, and dedicated proof gold enthusiasts would be wise to take advantage of this opportunity. The luminous surfaces, pale yellow with a modest orange overtone, are exquisite and wholly original; two tiny milk spots are visible with close inspection of the area under Liberty's branch arm. The strike is bold, and wire rims appear in incomplete arcs along parts of both obverse and reverse. This lot is accompanied by the envelope in which the consignor kept the gold coins, in poor to fair condition with the passage of time but with the cursive listing of contents (including frequent use of "do" for "ditto") still legible.
From The Wesson Collection.(Registry values: N10218) (NGC ID# 26GX, PCGS# 9207)

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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