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1911-D $20 MS67 PCGS Secure. CAC....
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Description
The Ex: Phillip H. Morse 1911-D Twenty, MS67
1911-D $20 MS67 PCGS Secure. CAC. Ex: Duckor/Morse. The year 1911 was a "prosperous" one in U.S. history and Mint coinage history, if one may use such an expression. Americans generally flourished under the one-term administration of President William Howard Taft, and the economic and political ravages of World War I were still a few years into the future. The Denver Mint had opened in 1906 and made its first Saint-Gaudens double eagles and eagles in 1908. The San Francisco Mint was going strong, although New Orleans had made its last gold coin in 1909. By 1911 Denver was making its first Lincoln cents, along with Philadelphia and San Francisco. In all, those three mints each produced not only the cents, but also the silver dime, quarter, and half dollar, and the gold Pratt half eagle and the Saint-Gaudens eagle and double eagle. Liberty nickels were made only in Philadelphia until 1912, and San Francisco would make no Indian Head quarter eagles in 1911.The nation's mints by this point in time were also familiar with the production requirements of the various new designs -- only the Liberty nickel and silver Barber coinage denominations were "old hat" by then -- and the various issues for the most part were well-made and attractive. Three mints all told produced more than 200 million coins during 1911, but about half of them were the Philadelphia Mint Lincoln cents.
The 1911-D double eagle is certainly a well-made issue for the most part, usually seen with sharp strikes and radiant luster over untroubled surfaces. While the three smaller-denomination 1911-D gold issues is each a key to its series -- the sole key, in the case of the quarter eagle -- the 1911-D double eagle cannot claim even semikey status. But since it is a nicely produced branch mint issue, it is a popular type coin. The mintage was not overlarge at 846,500 coins, but unlike many later series issues, the coins were apparently not subjected to mass meltings. A Gem grade is about average for a typical auction appearance.
Jeff Garrett and Ron Guth write in their gold reference that "even MS-66 coins are plentiful," but MS67 coins such as the present Superb Gem are seldom indeed seen. PCGS has seen seven submissions at the MS67 grade level, and there are none finer (10/11).
The present piece is another old friend come to revisit, the MS67 example that we first offered in the Phillip H. Morse Collection (Heritage, 11/2005), lot 6597, which realized $31,050, a strong amount for the time. (This is also the first MS67 PCGS example we have offered since that time.) The deeper orange-gold color in the interiors merges with greenish-gold accents near the rims on each side. The faceted surfaces show the characteristic light granularity of the issue and are remarkably free of mentionable abrasions. As we wrote in the Morse Collection catalog, "There is not a single ill-defined feature on either side including the Capitol, peripheral stars, and the eagle's breast feathers." Abundant, rich cartwheel luster and excellent eye appeal make this spectacular piece one that should attract the eye of many potential bidders.
Ex: Phillip H. Morse Collection (Heritage, 11/2005), lot 6597.
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: N4719)
Coin Index Numbers: (NGC ID# 26FK, PCGS# 9158)
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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