1903 $20 PR65 Cameo NGC. JD-1, R.4....

Description

1903 Liberty Double Eagle, PR65
Rare Cameo Specimen
None Certified Finer

1903 $20 PR65 Cameo NGC. JD-1, R.4. The 1903 Liberty double eagle claims the largest proof mintage of the series, at 158 pieces. The coins were delivered in quarterly batches of 64, 17, 22, and 55 pieces throughout the year. A single die pair was used to strike all the proofs, with the obverse showing two distinctive die lines, one in front of the eyeball and the other at the back of the eyebrow. The reverse exhibits Longacre doubling on some of the stars and TR in TRUST. These diagnostics make it possible to easily distinguish between proofs and prooflike business strikes. PCGS CoinFacts conservatively estimates the surviving population at 50-60 examples in all grades, but John Dannreuther ventures a more liberal estimate of 80-100 specimens extant.

The Mint switched to an all-brilliant finish for proof coins the year before, eliminating most of the mint frost from the design elements and greatly reducing the popular Cameo contrast seen on proofs of earlier years. No Deep or Ultra Cameo examples have been certified for the 1903 proof double eagle and few coins have been awarded the Cameo designation.

As of July 2020, this delightful Gem is tied with a single specimen at PCGS and four other coins at NGC for finest certified honors for this issue (there are also two non-Cameo PR65 examples at PCGS). The design elements are sharply detailed throughout and the devices have enough mint frost to contrast boldly with the deeply reflective fields. The pleasing yellow-gold surfaces are well-preserved, with no mentionable distractions. Overall eye appeal is terrific. Census: 5 in 65 Cameo, 0 finer (7/20).
From The James Dines "Original Goldbug" Collection. (Registry values: P1)

Coin Index Numbers: (NGC ID# 26ER, PCGS# 89119, Greysheet# 10117)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

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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