1912 $20 PR67 NGC....

Description

Astounding PR67 1912 Double Eagle

1912 $20 PR67 NGC. Only 74 proof twenties were struck in 1912, and this date is roughly comparable in rarity to the 1911 and the other dates of the series (except for the 1908, which is the most "common"). Earlier estimates of the number of survivors have ranged between 10-15 pieces to as many as 20-25 specimens. We believe that the actual number of proofs in all grades is somewhere between 25 and 35 coins.
The finish of this piece shows nearly monochromatic mustard coloration over both sides, though close inspection reveals occasional hints of olive-gold. Magnification shows myriad tiny sparkling facets from the sandblast surfaces. This sparkle gives the coin a "life" and sheen that serves as a perfect counterbalance to the otherwise deep coloration on the piece.
The surfaces, though not absolutely perfect, are more than adequate for the assigned Superb Gem grade. There are small (almost microscopic) contact marks evident in the fields on each side and a couple of shiny spots show on the upper torso of Liberty and also her knee. Also, as a future identifier, a tiny black spot is seen just above the capitol's dome. These are all trifling objections, though, and do not disrupt the overall impression of the Superb Gem quality that this coin projects. They do, however, serve as an explanation for the grade and inform the viewer why the coin "only" grades PR67. A remarkable and exquisite matte proof, topped by only one coin in NGC's Census Report (6/09).
Ex: Heritage (8/2004), lot 7819.
From The Bay State Collection, Part Two.(Registry values: N10218)

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

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Melt Value: $923.96
Gold Spot: $955/oz (07-31-2009)
Mintage: 74

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 all of [The Bay State Collection, Part Two ]

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