1900 $20 PR65 Cameo NGC....

Description

Gem Cameo Proof 1900 Twenty

1900 $20 PR65 Cameo NGC. A splendid Gem proof with mirrored fields and frosty devices and legends. The fields display faint raised striations, but these are as produced, created by a Mint worker during the die preparation. The strike is intricate, providing essentially complete design detail. A small strike-through near the inner point of star 12 is as made, caused by a tiny glob of debris on the die during the strike. This strike-through is likely present on certain other 1900 double eagles as well, but future pedigree researchers can identify this specific piece by an obscure thin mark into a denticle between stars 5 and 6.
The date is centered between the bust and the border, with the left edge of the base of the 1 over the center of a dentil. The J within Longacre's initials, found on the neck truncation, is centered over the inside and outside left curves of the 9. The reverse is well executed with only slight unfinished work at the bottom of the spaces between the vertical shield stripes. The reverse star southwest of IN is lightly repunched, although this feature is likely present on the hub.
Since the face value was more than a week's pay for the typical U.S. citizen in 1900, only 124 proofs were struck. Proof mintages of all denominations increased in 1900 over 1899, perhaps partly due to a new design introduced in 1900, the Lafayette dollar. The NGC Census includes just 32 pieces, and is topped by two coins certified as PR67 Cameo. Census: 7 in 65 Cameo, 5 finer (3/09).(Registry values: P1)

Coin Index Numbers: (NGC ID# 26EM, PCGS# 89116, GSID# 10108)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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