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1910-D $20 MS67 PCGS Secure. CAC....
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Description
1910-D Double Eagle, MS67
Candidate for Finest Known
1910-D $20 MS67 PCGS Secure. CAC. Ex: Duckor/O'Connor. The
Denver Mint coined a substantial number of double eagles in its
fifth year of operation, 429,000 according to Mint records, and
surviving specimens are plentiful in all grades through MS65.
However, finer pieces are rare. There are no reports of hoards in
the literature, although repatriated European and South American
exports undoubtedly account for most Mint State pieces known
today.The actual production of double eagles at the Denver Mint was concentrated in the second half of the year, according to Mint records. The Mint's fiscal year ran from July 1, 1909, to June 30, 1910. During that period, the Annual Report of the Director of the Mint shows that only 750 double eagles were minted. George E. Roberts, the Mint director who filed the report, discussed the volume of coinage:
"The principal reason for not doing more coinage was that automatic weighing machines were under construction which were expected to materially reduce the cost of weighing the individual coins, and pending their completion gold bullion was allowed to accumulate."
During their quarter-century of coin grading, PCGS has certified 6,221 examples of this issue in all grades, and almost 95% of those coins are graded MS60 or finer, suggesting that the 1910-D was likely never released into circulation. In his 1982 analysis of double eagle auction records, David Akers recorded a number of circulated examples in VF, XF, and AU grades. Many of those coins are probably certified Mint State today, and are likely in higher grades than the old catalog descriptions suggest.
Of all of those thousands of PCGS-certified coins, the present Duckor specimen and the one that was included in the first Duckor Collection, later in the Phillip Morse Collection, are the only two that PCGS has graded MS67 (10/11). The two Duckor specimens are undoubtedly the two finest known examples of this issue, and they appear to be virtual twins, although the present Duckor specimen seems to have slightly finer color and stronger eye appeal.
The incredible, rolling cartwheel luster is reminiscent of Morgan dollars from two or three decades previous. It complements rich, lavish reddish-orange color with greenish accents at the rims. Its appearance matches the typical example that Akers describes as "most often a light to medium orange gold, but some light greenish gold and orange ones exist as well." As with so many of these high-grade early Saints, the strike is needle-sharp, as full as practicable and never seen sharper. Note the sculptural quality of the small feathers on the eagle's midsection, the juncture visible between (claw and skin on the claws). Extensive searching with a loupe locates only the most trivial marks, confined largely to the eagle's feathers.
Ex: Joe O'Connor.
David Akers Comments:
The 1910-D is a condition rarity, that is, it is an issue that is rare only at or above a certain grade level. This is a very common issue in any grade up to and including gem MS65 condition and even superb MS66 examples can only be classified as scarce and not really rare as more than 100 such specimens exist. However, at the superb MS67 level, the 1910-D is extremely rare with only two or three examples graded so far. From a quality and eye appeal standpoint, this Duckor specimen is spectacular and a strong candidate for finest known.
From The Dr. and Mrs. Steven L. Duckor Collection.
Seller is donating a portion of their proceeds, and Heritage is donating the same portion of the Buyer's Premium, from the sale of this lot to the National Numismatic Collection at the Smithsonian Institution. See page 3 for details.(Registry values: N1)
Coin Index Numbers: (NGC ID# 26FG, PCGS# 9155)
Weight: 33.44 grams
Metal: 90% Gold, 10% Copper
Learn more at the Newman Numismatic Portal at Washington University in St. Louis.
View all of [The Dr. and Mrs. Steven L. Duckor Collection ]
Auction Info
Buyer's Premium per Lot:
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Revised Edition by Roger Burdette, and edited by James L. Halperin and Mark Van Winkle
Saint-Gaudens Double Eagles is an issue-by-issue examination of this artistically inspired series of gold coins.
Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published.
The book is based on two extraordinary collections: The Phillip H. Morse Collection and the Dr. and Mrs. Steven L. Duckor Collection.
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