Menu
Welcome Sign-In | Join Now
Sold for Sign-in or Join (free & quick) includes Buyer's Premium (BP) 

Description

Nearly Perfect PR68 1911 Double Eagle

1911 $20 PR68 NGC. The matte proofing process was an import from Europe, and it certainly epitomized the word "foreign" to collectors of American coins. American collectors never really "got it." Mint employees could see how the process worked and appreciated the multi-faceted sandblast finish imparted to the coins, but that appreciation never translated to the collecting public. The Mint did attempt to placate collectors for two years, in 1909 and 1910, by striking the brighter "Roman Finish" proofs, but officials abandoned that experiment in 1911 and returned to the proofing process that was previously used in 1908. The sandblast process continued through 1915, but diminishing mintages told the story: the public was not going to buy something new that they didn't want. Even today, matte proof coins are an acquired taste. Most beginning collectors do not appreciate them, just as most beginning collectors do not like toned coins. In general, as collectors' interests and appreciation for coins mature, they come to understand the matte proofing process just as they understand and appreciate the original "skin" on a coin.
The problem with matte proofs is the fragile nature of their surfaces. Just as it is a different process from a highly polished, deeply reflective proof, the source of problems on matte proofs is different. What would be seen as a contact mark on a reflective proof shows up as a shiny spot on a matte proof. The lack of such shiny spots indicates the technical preservation of matte proofs, and almost always also indicates the eye appeal and grade of such coins.
This is a magnificently preserved piece of matte proof gold. Curiously enough, the only coin we have seen that challenges the preservation and eye appeal of this piece is the other PR68 that was in the first offering of Phillip Morse's collection of Saint-Gaudens coins. The surfaces are essentially perfect. We do not see any shiny spots, contact marks, or even alloy spots on this splendidly preserved proof. This is a coin that truly must be seen to be fully appreciated. The NCG Census Report shows three pieces certified at this lofty level, but we have to wonder if that third piece actually exists or if it represents a resubmission of this or the other Morse coin in hopes of a PR69 grade. If any coin is a candidate for such a grade, this is it.
From The Phillip H. Morse Collection of Saint-Gaudens Coinage, Part Two.(Registry values: N14284) (NGC ID# 26GY, PCGS# 9208)

View all of [The Phillip H. Morse Collection of Saint-Gaudens Coinage, Part Two ]

Service and Handling Description: Coin/Currency (view shipping information)

Sales Tax information  | NGC Coin Grading Guarantee  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Glossary of Terms

Auction Info

Auction Dates
December, 2005
12th-14th
Internet/Mail/Phone Bidders: 9
Members Tracking: N/A
Page Views: 1,036

Buyer's Premium per Lot:
15% of the successful bid (minimum $9) per lot.

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.

Order Now! Just $95

Heritage membership

941,359
bidder-members
$882,909,938
sold in the last year

Join Now - It's Free

VIEW BENEFITS
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
    winnings 

Consignments wanted

Consign to the 2015 December 10 - 12 World Coins Signature Auction - Hong Kong.

Learn about consigning with us

Your entire organization deserves to be complimented on how professional and cooperative they were.
B.V.E,
San Jose, CA
View More Testimonials

HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com

Video tutorial

Getting the most out of search

Recent auctions

2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
2015 July 9 - 12 Summer FUN US Coins Signature Auction - Orlando Summer FUN
REALIZED $8,308,723
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
2015 April 9 - 14 CICF World Coins & Ancient Coins Signature Auction - Chicago
REALIZED $6,503,481
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
2015 April 22 - 28 CSNS Currency Signature Auction - Chicago
REALIZED $10,592,191

© 2015 Heritage Auctions | All Rights Reserved