There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.
Opening Bid
:
Current Bid:
Reserve Amount:

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).


Notice: You are the current high bidder on this lot, but the next highest bid is within one increment. That means that any additional bids on this lot will outbid you. To increase your chances of winning, enter your highest maximum bid.

You are the current high bidder on this lot with a secret maximum bid of %bidPretty%.
(%bidBP% w/Buyer's Premium (BP) ).

You are the current high bidder on this lot.
(Sign-In to see your maximum bid)

Your secret maximum bid of %bidPretty% has been outbid.

Your secret maximum bid of %bidPretty% does not meet the reserve.

(Sign-In to see your maximum bid)

Your secret maximum bid does not meet the reserve.
(Sign-In to see your maximum bid)

Lot
2347

1915 $20 PR65 NGC....

2010 January Orlando, FL FUN US Coin Auction #1136

 
Sold for: Sign-in or Join (free & quick)
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jan 7, 2010
Item Activity: 3 Internet/mail/phone bidders
799 page views
Location: Orlando, FL
Description:
Low Mintage, Final Year 1915 Gem Matte Proof Twenty
1915 $20 PR65 NGC. The 1915 proof twenty was a milestone in the series of sandblast (matte) proof twenties for two reasons. The mintage was a mere 50 pieces, lowest in the series, and it was the final year of issue for this special finish on U.S. gold coinage. The minuscule mintage probably represented the core number of collectors in the country who would purchase a proof twenty for their collection each year, regardless of the method of manufacture. The last time only 50 proof double eagles were produced was in 1894. The years between then and the end of the Coronet series in 1907 ranged from 50 pieces up to a high of 158 proofs in 1903. The new dime, quarter, and half dollar that went into production in 1916 had different field curvature and unevenness, similar to the twenty dollar coins, and accordingly were unsuited for traditional brilliant proofing methods. Philadelphia Mint Superintendent Adam Joyce pointed this out in a letter to Mint Director F.J.H. von Engelken on October 17, 1916:

" ... the only difference between the proofs and the regular [nickel and silver] coins being the sharper edge and design. ... In order to distinguish gold proofs from the regular issue, it has been necessary to give them a sandblast finish, which changes the appearance of the coins to such an extent that it is almost impossible to put them in circulation. This is something I am not sure we have a right to do."


When those reasons were coupled with the additional paperwork and lost revenue producing each proof coin, von Engelken discontinued the manufacture of proof coinage the following day.
NGC and PCGS combined have certified only 51 proof 1915 twenties. Most known examples cluster tightly in the PR64-PR65 range, with few higher or lower. We estimate that probably no more than 30 individual pieces exist today in all grades. This year has the same coarse finish as seen on the 1914 twenties. The surfaces are usually darker than on 1911-1913 coins. Nevertheless, magnification shows bright, sparkling individual facets on each side. This PR65 example displays the expected coarser texture, as seen on the 1914 in the Ferrari Collection. The color is just slightly more yellow than the 1914, however. A couple of shiny spots are seen over the high points of the design, and the only contact marks (tiny ones at that) are widely scattered over the reverse.
From The Ralph P. Muller Collection.(Registry values: N7079) (NGC ID# 26H4, PCGS# 9212)

View all of [The Ralph P. Muller Collection ]
View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

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

Bidding Guidelines and Bid Increments

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

Guides and Pricing Information:

Previous Prices from Heritage Auctions
Sign-in or Join (free & quick)
Price Guide
Sign-in or Join (free & quick)
Population Guide
Sign-in or Join (free & quick)
Find Auction Prices for Comparable Items:

Photographs:
Sign-in or Join (free & quick) to see the full image




Videos:
FLOOR AUCTIONS View All
Open For Bidding
Coming Soon
HERITAGE MEMBERSHIP
877,496
bidder-members
$961,519,116
sold in the last year
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 January 4 - 5 World & Ancient Coins Signature Auction - New York.
Learn About Consigning With Us
Thanks again for all your hard work, advertising, promotion,etc.
Kevin and Stacy Greene
HA.com receives more traffic than any other auction house website. To compare for yourself, visit: compete.com
Take our 2014 Coin
and Currency Survey
Grand prize:
A Certified Uncirculated
1907 High Relief $20!*
Take the Survey
HERITAGE VIDEO TUTORIAL
GETTING THE MOST OUT OF SEARCH
RECENT AUCTIONS
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
2014 July 10 - 13 Summer FUN US Coins Signature Auction - Orlando
REALIZED $9,734,681
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
2014 April 10-12 & 15-16 CICF World and Ancient Coins Signature Auction - Chicago
REALIZED $14,773,379
2014 April 24 & 28  CSNS World Currency Signature Auction - Chicago
2014 April 24 & 28 CSNS World Currency Signature Auction - Chicago
REALIZED $2,708,143