1900 $20 PR65 Deep Cameo PCGS....

Description

Magnificent 1900 Double Eagle PR65 Deep Cameo

1900 $20 PR65 Deep Cameo PCGS. The turn of the new century brought a new reverse hub to the double eagle, though few collectors probably noticed. The back of the eagle's neck is smooth, a minor design change that lasted through the end of the series in 1907. Proofs dated 1900 are similar to the business strikes, only on a much smaller scale. Both proofs and coins struck for circulation are among the more obtainable dates among later Type Three twenties. However, there were 1.8 million business strikes produced, but only 124 proofs were minted. It is estimated today that roughly three dozen proofs are believed to exist in all grades.
This is one of the finest 1900 proof twenties we have seen. Comparing this coin to the photo of the PR66 Cameo we offered in March 2008, at first glance this piece actually appears to be technically finer, lacking the tiny planchet flaws that were scattered across the face of that coin. However, the grade of this piece vs. the PR66 is most likely explained by the presence of a shallow planchet flake next to star 12--a "defect" that was on the coin when it left the Mint 110 years ago. Otherwise the surfaces are bright orange-gold with just the faintest trace of orange-peel in the fields. The depth of mirrored reflectivity is unfathomable, and set against the "black" proof fields is thick mint frost on the devices. We see no obvious or mentionable post-striking defects on either side of this magnificent proof twenty. Population: 5 in 65 Deep Cameo, 0 finer (11/09).
From The Atherton Family Collection.(Registry values: P1)

Coin Index Numbers: (NGC ID# 26EM, PCGS# 99116, GSID# 10109)

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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