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Lot
6990

1911 $20

1998 September Long Beach Sale #192

 
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Auction Ended On: Sep 25, 1998
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Description:
Flawless PR 66 1911 Matte Twenty
1911 PR 66 NGC. Ex: Trompeter. Once again, even though the official mintage for proofs of this year was 100 pieces, this is really not a meaningful number because so few coins are known today. Apparently the Mint produced, on speculation, small numbers of these non-traditional proofs each year. The public was never as enthusiastic about matte proofs as Mint officials were and, as a result, few were ordered and even fewer survive today. Estimates of survivors for this date range from a low of 12-15 to as high as 20 coins. We believe that perhaps as many as 25-35 separate pieces may survive today in all grades.
With the 1911 issue, the Mint continued the matte proofing process which began in 1908. This piece shows thousands of tiny sparkling facets under magnification and the basic mustard color is overlaid by a thin veneer of olive-green. The surfaces are flawless. This is a true museum-quality piece that appears totally without blemish. We could find no trace of contact on either side, there are no shiny spots, we could not even find a lamination in the planchet. The only thing we see that could be used as a pedigree identifier is a tiny alloy spot in the field just left of the lower portion of the branch on the obverse.
This extraordinary piece of matte proof gold is tied with only 8 other coins according to the July census data with 2 finer. (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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