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Magnificent 1909 Double Eagle, MS66

1909 $20 MS66 PCGS. The 1909 is one of the most underrated issues in the Saint-Gaudens double eagle series. This is probably due, at least in part, to its relative availability in the lower levels of Mint State. Indeed, PCGS and NGC have certified more than 2,000 Mint State pieces through MS63. The population declines to about 300 or so in near-Gem and fewer than 30 coins in MS65. The two services have seen just 11 Premium Gem examples and none finer.
The current MS66 offering is one of the lofty 1909 twenty dollar gold pieces. Its satiny surfaces yield captivating luster and are patinated in a delicate blend of peach-gold and mint-green. The strike is virtually unimprovable, manifesting itself in razor-sharp delineation on Liberty's facial features, gown lines, fingers, and toes and on the eagle's plumage. The intricacies of the panes in the Capitol building also stand out. For some reason most 1909 double eagles suffer from scattered bagmarks, accounting for most surviving examples being confined to the MS60 to MS63 grade range. This specimen reveals just a few unobtrusive marks that are completely within the parameters of the grade designation. We mention one at the top of the tenth obverse ray, one in the center of the branch arm, and another in the upper left reverse sun only because they might help to identify the coin for pedigree purposes. This magnificent piece is sure to elicit spirited bidding among aficionados of Saint-Gaudens gold coinage. Population: 7 in 66, 0 finer (11/09).
From The Ralph P. Muller Collection.(Registry values: N10218) (NGC ID# 26FB, PCGS# 9150)

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Auction Dates
January, 2010
6th-10th
Internet/Mail/Phone Bidders: 7
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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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