1923 $20 MS66 PCGS....

Description

Magnificent MS66 1923 Twenty
One of the Three Finest Certified

1923 $20 MS66 PCGS. The 1923 Philadelphia-issue twenty, like its 1922-P counterpart, was spared the mass meltings of the 1930s, most likely because many 1920s-dated double eagles resided in overseas banks. While most 1923-P twenties came from European bank holdings, nowhere as many of this date were repatriated to the U.S. as 1924, 1927, or 1928 twenties. Several thousand pieces have been certified through the MS64 grade level, but MS65 coins are very elusive in comparison to the demand for them. MS66 examples are nearly unobtainable, with a mere three coins having been certified by PCGS, and none by NGC; neither service has reported any 1923-Ps finer.
The coin offered here is one of the three known MS66 specimens. Another is currently in the Duckor Collection, and another was sold by Heritage out of the Philip Morse Collection, on November 3, 2005, where it realized $48,875. The present example may well be the finest known. It shows rich, softly frosted luster that radiates through the even reddish-gold patination, whose only variation in hue is a slight accent of lilac over the figure of Liberty. The design elements are powerfully impressed, including excellent definition on Liberty's face and on the hand grasping the olive branch. The surfaces appear nearly perfect to the unaided eye, with the only faintly noticeable interruption in the flow of the luster being a series of minuscule reeding marks beneath the N of TWENTY.
From the Stephen Stokely Collection, Part Five.(Registry values: N1)

Coin Index Numbers: (NGC ID# 26G5, PCGS# 9175, GSID# 10146)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 566,000

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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