1907 $20 Liberty PR64 PCGS....

Description

Radiant 1907 Liberty Head Twenty, PR64
Rare Last-of-Type Issue

1907 $20 Liberty PR64 PCGS. Even at Heritage, where we are accustomed to seeing some extremely rare coins, the appearance of a second 1907 Liberty Head twenty in the same Platinum Night auction is fairly remarkable. The original mintage was only 78 pieces in this last year of the long-running James B. Longacre design, a total considerably lower than the proof productions for the few years preceding. It does appear that more examples were likely saved through the decades due to their status as last-year-of-type examples, and we believe, along with Garrett and Guth, that somewhere between 40 and 50 pieces survive today, a figure that includes some impaired proofs and lower-grade coins.
Given the paucity of Cameo and Deep/Ultra Cameo certified specimens within this timeframe -- a factor of the Mint's changing its manufacturing method for proof gold to the "semibrilliant" approach -- it also appears that the certified population data at NGC and PCGS are more than normally inflated, with collectors seeking not only to upgrade in terms of points but also in terms of contrast levels.
At the near-Gem non-Cameo level of the present piece, PCGS has seen 16 submissions, with three finer -- certainly including a complement of resubmissions. Even though this piece is not certified as a Cameo coin, it does exhibit considerable field-device contrast, with radiantly mirrored fields and a modicum of mint frost on the devices. The orange-gold surfaces display splendid eye appeal. As it is and regardless of whether it is ever resubmitted, this is a splendid and rare proof gold type coin that will always form the centerpiece of a fine collection. Population: 16 in 64, 3 finer (3/11).(Registry values: P1)

Coin Index Numbers: (NGC ID# 26EV, PCGS# 9123, Greysheet# 10128)

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.

View Certification Details from PCGS