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Lot
1362

1912 $20 PR67 NGC....

2009 August Los Angeles, CA US Coin Auction #1128

 
Sold for: Not Sold
Auction Ended On: Jul 31, 2009
Item Activity: 7 Internet/mail/phone bidders
1,100 page views
Location:

Hyatt Regency Century Plaza
2025 Avenue of the Stars
Los Angeles, CA 90067

Description:
Astounding PR67 1912 Double Eagle
1912 $20 PR67 NGC. Only 74 proof twenties were struck in 1912, and this date is roughly comparable in rarity to the 1911 and the other dates of the series (except for the 1908, which is the most "common"). Earlier estimates of the number of survivors have ranged between 10-15 pieces to as many as 20-25 specimens. We believe that the actual number of proofs in all grades is somewhere between 25 and 35 coins.
The finish of this piece shows nearly monochromatic mustard coloration over both sides, though close inspection reveals occasional hints of olive-gold. Magnification shows myriad tiny sparkling facets from the sandblast surfaces. This sparkle gives the coin a "life" and sheen that serves as a perfect counterbalance to the otherwise deep coloration on the piece.
The surfaces, though not absolutely perfect, are more than adequate for the assigned Superb Gem grade. There are small (almost microscopic) contact marks evident in the fields on each side and a couple of shiny spots show on the upper torso of Liberty and also her knee. Also, as a future identifier, a tiny black spot is seen just above the capitol's dome. These are all trifling objections, though, and do not disrupt the overall impression of the Superb Gem quality that this coin projects. They do, however, serve as an explanation for the grade and inform the viewer why the coin "only" grades PR67. A remarkable and exquisite matte proof, topped by only one coin in NGC's Census Report (6/09).
Ex: Heritage (8/2004), lot 7819.
From The Bay State Collection, Part Two.(Registry values: N10218) (NGC ID# 26GZ, PCGS# 9209)

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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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