LOT #9192 |
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1908 $20 Motto PR65 PCGS....
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Sold on Nov 5, 2004 for:
$48,300.00
Bid Source: Live: Floor bidder
Description
Beautiful Gem Matte Proof 1908 Double Eagle
1908 $20 Motto PR65 PCGS. Like the proof Quarter Eagle, Half Eagle, and Eagle of this date that are offered elsewhere in this catalog, this is a coin of simply extraordinary quality. This is immediately apparent when one first views the piece and it is further reinforced when closely examined with a magnifier.Only 101 proofs were struck, and as stated in the Ten Dollar description, while the 1908 is the most frequently encountered date in the matte proof series, it would be a gross misnomer to call it a common date. Other researchers have estimated that far fewer proofs are known today of this date (15 to 25 pieces by Bowers, 30 to 35 by Akers), but we believe that somewhere between 45 and 60 pieces may still be extant in all grades. As stated, this is a magnificent coin. The surfaces show the usual, darker matte finish that is peculiar to this date alone in the 1908-1915 run of matte proof gold. Impressively struck up in all areas, the surfaces are equally well preserved and impressive and show strong visual appeal as well as the expected technical perfection. In fact, this coin exceeds what one might expect in terms of technical preservation as it is very nearly flawless. Close examination with magnification reveals a tiny toning spot in the right obverse field somewhat above the 9 of the date. This is only mentioned as a useful future identifier. Population: 14 in 65, 1 finer (10/04).(#9205) (Registry values: N7079)
Coin Index Numbers: (NGC ID# 26GV, PCGS# 9205, GSID# 10191)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 101
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.
Auction Info
2004 November Palm Beach, FL Signature Sale #358 (go to Auction Home page)
Auction Dates
November, 2004
4th-6th
Thursday-Saturday
Bids + Registered Phone Bidders: 20
Lot Tracking Activity: N/A
Page Views: 987
Buyer's Premium per Lot:
15% of the successful bid per lot.
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