1909/8 $20 MS65 NGC....

Description

Splendid and Interesting 1909/8
Twenty Dollar, MS65
With Bold Reverse Die Break

1909/8 $20 MS65 NGC. FS-301. Although no significant premiums (yet) attach to the overdate versus the nonoverdate variant, this popular variety is eagerly sought after by date collectors, error specialists, and those who collect by Guide Book-listed issues. The overdate is seldom seen in Gem condition at any rate: Both NGC and PCGS combined have graded only two dozen in MS65, with nine finer (6/09). This piece appears to be from the reverse die that lacks the diagonal die crack in the O of GOD, but shows one from the top left corner of (I)N to the bottom of a ray. That same crack traverses the entire width of the sun below, making it quite a large and important die break. How close this piece is to the terminal state will require the appearance of more such specimens.
This piece has dusky, somewhat mattelike antique-gold surfaces with bold eye appeal and relatively few contact marks of any size. Traces of a wire rim appear on the obverse from 2 to 5 o'clock. Simply a splendid coin, as interesting as it is beautiful. Census: 10 in 65, 6 finer (6/09).(Registry values: N7079)

Coin Index Numbers: (PCGS# 9151, GSID# 10162)

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

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