1909-D $20 MS65 PCGS....

Description

Satiny 1909-D Twenty, MS65
Absolute and Condition Rarity

1909-D $20 MS65 PCGS. The 1909-D is another low-mintage date in the lineup of Saint-Gaudens double eagles, with production halted after just 52,500 coins had been struck. Like the 1908-S issue, a number of circulated 1909-D double eagles are known, indicating that many of these coins were actually used in commerce, rather than stored or exported. Roughly one-third of the total PCGS population for this date is in grades below MS60.
Like many of the known examples, this piece shows a doubled mintmark, with the first D much smaller than the second D. A number of raised die lines are visible to the right of the mintmark. Although David Bowers discusses it in A Guide Book of Double Eagle Gold Coins, this variety still draws little attention. Bowers claims discovery of this variety, with its first publication in the November 1988 catalog of the Norweb Collection, Part III. At about the same time, Walter Breen mentioned the existence of repunched mintmarks for the date in his Complete Encyclopedia, also published in 1988. Breen did not delve into specifics of the variety, however.
Gem examples of this date are rare, with just 14 such coins certified by PCGS and only six finer (3/10). Although this specimen has a few tiny marks on each side, its overall eye appeal, created by satiny yellow-gold luster, is excellent. The strike is sharp throughout.
From The Carter Family Collection.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26FD, PCGS# 9152, GSID# 10163)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 52,500

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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