LOT #7725 |
Sold on Jul 29, 1994 for: Sign-in
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1914 $20
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Sold on Jul 29, 1994 for:
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Description
PCGS 1914 PR 66. Only 70 proof double eagles were minted in 1914, and probably even fewer were distributed, this being the sunset era of matte proof coinage. As with previous years the estimate of the the number of survivors has varied considerably from a low of 10-15 pieces to 20-25 coins (Akers) with Akers having tracked 14 proofs in major gold auctions over the decades. We believe that somewhere between 20 and 33 examples exist today in all grades.
Breen states that 1914 proofs have a "coarse sandblast finish," and indeed the surfaces do appear to have slightly larger granules than does the NGC Proof 66 1913, or it may just seem so because of the pronounced difference in color between the two coins. A medium orange-gold color renders this an impressive and attractive proof, and the pale lilac overtones add a light but colorful accent to the surfaces. The thousands and thousands of tiny facets on the sandblast surface sparkle with a collective radiance that is visually compelling when viewed with magnification. The only surface flaws we could discern are a thin mark on the right side of the sun and a single minute mark at the back of the eagle's trailing wing feathers and a couple others on the adjacent rim. These minute marks are all that separate the coin from technical perfection. Considering this, as well as the undeniable eye appeal of the coin, the Proof 66 grade seems a bit conservative to us.
This is the only Proof 66 coin certified to date (June) by PCGS, and condition-wise it is tied with two other Proof 66 coins certified by NGC (4/94), for finest certified honors. An extraordinary opportunity to acquire this rare date matte proof twenty.
Coin Index Numbers: (NGC ID# 26H3, PCGS# 9211, GSID# 10197)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 70
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
1994 ANA Sale #122 (go to Auction Home page)
Auction Dates
July, 1994
27th-30th
Wednesday-Saturday
Bids + Registered Phone Bidders: 1
Lot Tracking Activity: N/A
Page Views: 390
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