1912 $20 PR65 PCGS. CAC....

Description

1912 Saint-Gaudens Double Eagle, PR65
CAC-Approved Rare Sandblast Proof
Only 74 Pieces Struck

1912 $20 PR65 PCGS. CAC. The design of the double eagle was modified slightly in 1912, when two stars were added to the obverse to signify the admission of New Mexico and Arizona to the Union. The stars were added on the right side, as there was no room for additional stars on the left. The Philadelphia Mint struck a modest production of just 74 proof Saint-Gaudens double eagles for collectors that year, down considerably from the 100-piece proof mintage of the year before. It seems collector demand for proofs continued to diminish during this time frame, as most numismatists preferred the old brilliant proofs of earlier years. A single die pair was used to strike all the proofs. The proofs were delivered in three batches of 41, 13, and 20 pieces throughout the year. Fortunately, the issue enjoys a fairly high survival rate. John Dannreuther estimates the surviving population at 40 to 50 examples in all grades, while PCGS CoinFacts estimates a slightly larger total of 45 to 55 examples extant. Two examples are included in the National Numismatic Collection at the Smithsonian Institution.

The present coin is a spectacular Gem proof, with sharply detailed design elements throughout. The finely granular orange-gold surfaces sparkle under magnification and no mentionable distractions are evident. Overall eye appeal is terrific. The high quality within the grade is confirmed by CAC. This coin should find a home in a fine collection of proof Saint-Gaudens double eagles. Population: 4 in 65, 10 finer. CAC: 1 in 65, 5 finer (12/25).(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26GZ, PCGS# 9209, Greysheet# 10195)

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