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1911 $20 PR66 NGC. The year 1911 marked the abandonment of the experimental "Roman Gold" method of proofing, and a return t...

2006 April Atlanta, GA (ANA) Signature Auction #402

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Auction Ended On: Apr 7, 2006
Item Activity: 8 Internet/mail/phone bidders
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Location: Atlanta, GA
Description:
PR66 1911 Double Eagle With Pale Yellow-Gold Color
1911 $20 PR66 NGC. The year 1911 marked the abandonment of the experimental "Roman Gold" method of proofing, and a return to the 1908 matte proof process. While the process was the same in 1911 as it was in 1908, the results were noticeably different. While the 1908 coins have distinctive coarse-grain, khaki-green surfaces, the proofs from 1911 lack that depth of color and show a finer granularity.
An even 100 proofs were struck in 1911. Over the years, estimates of the number of survivors have varied considerably. David Akers estimated that only 20 to 25 pieces remained today, while Breen stated that "probably fewer than 20 survive." It is our belief that somewhere around 40 to 50 separate pieces have survived today as recognizable proofs from the original mintage.
Most 1911 proof twenties are seen with a mustard coloration and sometimes show an olive-green overlay of patina. This coin differs from others we have seen and it displays a lighter even, yellow-gold coloration over each side. When examined with a loupe, thousands of tiny, sparkling facets illuminate the surfaces and give the coin its subtle matte effect. Each side is remarkably clean for a matte proof gold piece. There is only the slightest shininess evident on the highpoints of the figure of Liberty, and a small nick on the top of the first 1 in the date. The reverse has a few small shiny spots on the eagle's breast and there is a hairline-thin mark in the same area that can only be seen with a magnifier.
From The Alexander Collection.(Registry values: N10218) (NGC ID# 26GY, PCGS# 9208)

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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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