LOT #2338 |
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1908 $20 Motto MS65 PCGS....
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Sold on Apr 29, 2010 for:
$12,650.00
Bid Source: Internet bidder
Description
Splendid Gem 1908 Motto Twenty
Far Rarer Than the 1908 No Motto
1908 $20 Motto MS65 PCGS. Speaking softly and carrying a big
stick usually worked for President Teddy Roosevelt, who rode rough
over most opposition to his "pet crime" of improving U.S.
numismatic art. But despite his intense opposition, Congress
overruled his objections to placing the motto IN GOD WE TRUST on
the new gold coinage--an act that the president felt was tantamount
to sacrilege. The design had already been launched, however. A
rework was needed, creating the No Motto and Motto subtypes. The
mintage of the Motto type was only 156,000 pieces, compared with
over 4.2 million for the No Motto coins, and today the 1908 Motto
double eagles are very rare in Gem condition. (The comparisons are
even more dramatic due to the existence of many thousands of coins
from the remarkable Wells Fargo hoard of 1908 No Motto double
eagles, many of which are in grades ranging up as high as
MS69.)This splendid Gem offers wonderful orange-gold surfaces with minimal marks on either side. The strike is uniformly sharp, a characteristic of the issue. Population: 41 in 65, 10 finer (3/10).
From The Carter Family Collection.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 26F8, PCGS# 9147, GSID# 10135)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 156,258
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 Carter Family Collection ]
Auction Info
2010 April-May Milwaukee, WI CSNS US Coin Auction #1139 (go to Auction Home page)
Auction Dates
Apr-May, 2010
28th-2nd
Wednesday-Sunday
Bids + Registered Phone Bidders: 4
Lot Tracking Activity: N/A
Page Views: 840
Buyer's Premium per Lot:
15% of the successful bid per lot.
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