1909 $20 MS65 PCGS....

Description

1909 Twenty Dollar, MS65
Scarce Issue, Strong Eye Appeal

1909 $20 MS65 PCGS. The 1909 Saint-Gaudens double eagle splits a reported mintage of 161,282 pieces with its 1909/8 counterpart. Based on research by Roger Burdette, seven obverse and twelve reverse dies were created for 1909 twenty dollar production. Two reverse dies were not used, however.

The 1909 has never been fully appreciated for the conditionally scarce coin that it truly is, despite the hoard of a few hundred pieces discovered in the early 1980s that made lower Mint State coins more available. This issue can be located through MS63 with patience and searching, but near-Gems are scarce and higher-grade examples are very difficult to come by. Indeed, PCGS and NGC have certified just 27 examples in MS65, and 11 specimens finer (10/23). A number of these are undoubtedly resubmitted coins in the hope of achieving a higher grade.

The lustrous, yellow-gold surfaces of this Gem exhibit sharply-struck design elements. Liberty's facial features, fingers on both hands, and toes are bold, as are the panes of the Capitol building and the eagle's plumage. A few minute marks are consistent with the designated grade, and the only alloy spot is light in hue and located just below the CA in AMERICA. This is a pleasing specimen that will capture the attention of collectors of Saint-Gaudens coinage. Population: 24 in 65 (5 in 65+), 7 finer (10/23).
Ex: Long Beach Signature (Heritage, 9/2013), lot 6910, where it sold for $30,550.(Registry values: N7079)
From The William K. Harter Collection, Part II.

Coin Index Numbers: (NGC ID# 26FB, PCGS# 9150, Greysheet# 10136)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 1.06oz
Mintage: 161,282

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 William K. Harter Collection, Part II ]

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