1908-D $20 No Motto MS66 PCGS. CAC....

Description

1908-D No Motto Twenty, MS66
Registry Set Contender

1908-D $20 No Motto MS66 PCGS. CAC. Ex: Fox-Duckor-Akers. Long Rays. David Akers outlined the history of this coin when it was sold in lot 4604 of the Dr. and Mrs. Steven Duckor Collection (see commentary below). Akers obtained this coin from Manfra, Tordella and Brooks and later sold it to Dr. Steven Duckor, who retained it until he sold his collection at the Heritage sale in 2012. Rollo Fox obtained it there

This sharply detailed Premium Gem exhibits vivid orange-gold surfaces, with vibrant mint luster and no mentionable distractions. Overall eye appeal is terrific. This coin should find a home in the finest collection or Registry Set. Population: 15 in 66 (2 in 66+), 0 finer. CAC: 2 in 66, 0 finer (9/19).
Ex: Manfra, Tordella and Brooks; David Akers; Dr. and Mrs. Steven Duckor Collection (Heritage, 1/2012), lot 4604; Rollo Fox Collection.

David Akers (2012) Comments:
Prior to 1983, the 1908-D No Motto was considered to be a scarce issue in mint state and a major rarity in Gem uncirculated condition. In fact, it was all but unobtainable in MS65 or higher grade and even an MS64 example was considered a rarity. The Eliasberg and Norweb Collections, both formed many years before 1983, contained some of the rarest and highest quality Saint-Gaudens double eagles in existence. However, both of those great and famous collections contained examples of the 1908-D No Motto that fell considerably short of the gem level. So did every other major collection of double eagles up to that time. Then, in 1983, a large hoard of U.S. double eagles, mostly Saints, but many Liberty Heads as well, was discovered in Central America. The hoard consisted of approximately 47,000 coins, more than 90% of them uncirculated, including many thousands which graded MS64, MS65, and even higher. The hoard was purchased by Manfra, Tordella and Brookes (MTB) and included a large number of 1908-D No Motto pieces of which this was one of the very finest. I was fortunate enough to be able to handle most of the best ones from the hoard, more than a hundred beautiful and completely original MS64, MS65, and MS66 specimens. Subsequently, other uncirculated examples of this issue, including many choice specimens, were located in Europe and sold in the late 1980s and early 1990s. As a result of the discovery and disbursement of these hoards, as many as 250-300 gems are now known of this previously impossible-to-find issue, although no more than a few, perhaps 12-15 at most, are superb gems like the Duckor specimen offered here.
From The Rollo Fox Collection of $20 Saint-Gaudens Gold. (Registry values: N1)

Coin Index Numbers: (NGC ID# 26F7, PCGS# 9143, Greysheet# 10159)

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.

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