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    Impressive Satin Finish Gem Proof 1909 Double Eagle, MS66 NGC

    1909 $20 PR66 NGC. When the new gold coin designs were introduced in 1907 and 1908, the Mint also experimented with special finishes for the proof issues. Most years from 1907 through 1915 witnessed a variation on the matte proof theme, although in 1909 and 1910 the Mint issued proofs with a satin finish, sometimes called a "Roman finish." It is just such a coin that we offer here. Just 67 of these coins were minted and distributed to the few interested collectors. In terms of relative monetary investment, collecting proof gold was no easier in 1909 than it is today. For the average person, an annual investment of more than 20 dollars a year to collect these pieces was just not possible. Similarly today, the average person would have a hard time spending six figures a year to acquire pieces such as this coin. Proof examples of this date are extremely rare and infrequently offered, although we have offered seven examples for auction sale in the last two years. Prior to that, we had handled just seven others over a quarter century of auction sales.
    This lovely Gem is plated on page 79 of Proof Gold Coinage of the United States by Robert J. Loewinger, M.D., published in 2003. It has extremely sharp design details on both sides, as expected. The surfaces have bright lemon-yellow color that provides exceptional aesthetic appeal. A few minor rim blemishes along the left side of the obverse are almost certainly the result of an aberration in the minting process. Although a few finer examples of this issue have been certified, this highly attractive coin should easily meet the demands of the exacting connoisseur. Census: 10 in 66, 4 finer (10/06).
    From The Dr. Robert J. Loewinger Collection.(Registry values: N10218) (NGC ID# 26GW, PCGS# 9206)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper


    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    View all of [The Dr. Robert J. Loewinger Collection ]

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    Auction Dates
    January, 2007
    3rd-6th Wednesday-Saturday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
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    The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
    Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

    The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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