1912 $20 MS66 PCGS. CAC....

Description

Spectacular Premium Gem 1912 Double Eagle

1912 $20 MS66 PCGS. CAC. Mintages for the early years of Motto double eagles appear highly variable to most collectors, particularly when branch mint production is under scrutiny. For example, San Francisco, the same Mint that struck a mere 22,000 double eagles in 1908, coined well over 2.7 million examples the next year. By contrast, from 1908 through 1915, mintages for double eagles at Philadelphia were consistent--and consistently low. Philadelphia production ranged from the upper five figures in 1914 to the nearly 200,000 struck in 1911, but those amounts are tiny compared to the figures for issues such as the 1911-D or 1914-S.
The 1912, with its mintage of just under 150,000 pieces, is generally considered one of the most available issues from that range of Philadelphia issues, at least in grades through Select. Choice examples prove challenging, and Gems are condition rarities. It is all but unavailable any finer than MS65; just eight such pieces appear in the combined certified population, all graded MS66, and that figure could include resubmissions (6/08). The present piece is one of five Premium Gems graded by PCGS.
The present example offers both marvelous preservation and amazing eye appeal. Each side offers strong, distinctly satiny luster; while most representatives are frosty, satiny examples make up a distinct minority, and each type of luster offers its own merits. Overall definition is excellent, and the sun-gold surfaces display occasional wheat and peach elements. Only a couple of minor ticks are noted on Liberty's leg, and they are trivial in the context of this coin's enormous eye appeal.
From the Stephen Stokely Collection, Part Five.(Registry values: N1)

Coin Index Numbers: (NGC ID# 26FM, PCGS# 9160, GSID# 10139)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 149,700

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 [Stephen Stokely Collection ]

View Certification Details from PCGS

View Certification Details from CAC sticker