LOT Heritage Rare Coin Galleries  /  2007 Jan (FUN) Heritage Signature Coin #422  / 

3266

1909 $20 MS66 PCGS. Ex: Brahin Collection. In 1909, th

Currency:USD Category:Coins & Paper Money / US Coins Start Price:65,000.00 USD Estimated At:1.00 - 2.00 USD
1909 $20 MS66 PCGS. Ex: Brahin Collection. In 1909, th
<B>1909 $20 MS66 PCGS.</B></I> Ex: Brahin Collection. In 1909, the Philadelphia Mint struck 162,286 double eagles. Gold authority Roger Burdette writes that 1,104 pieces were rejected and melted, leaving a net mintage of 161,282, which included the 1909/8 overdate. The 1909 is readily available, though not common, in the lower Mint State grades through MS62. MS63 specimens are somewhat more challenging, but higher-grade pieces are seldom seen. David Akers, in his writeup of the 1909 Gem Uncirculated Saint in the Dr. Thaine Price Collection (May 19, 1998, lot 80), discussed the rarity factor of the issue: "Prior to the appearance on the market recently of a substantial number of mint state specimens, the 1909 Saint-Gaudens double eagle was generally considered to be much more scarce than it is now known to be. Hundreds of specimens have come unto the market over the past few years from one large hoard, and many of these specimens are attractive and fairly high quality, although most of them grade Choice Uncirculated or lower. A moderate number, however, are Very Choice Uncirculated, but I am not aware of any that have graded Gem. As a result, although the 1909 is now readily available in Choice Uncirculated, and only moderately rare in Very Choice Uncirculated, Gems like this one are still at the highest rarity level and among the most difficult to obtain in the series." To date (10/06), PCGS and NGC have seen 26 Gems, and 10 MS66 examples; neither service has certified any coins finer.<BR> The Premium Gem in this lot exhibits a bold strike; excellent detail is evident in the panes of the Capitol building, on Liberty's face, on the fingers of both hands, on the toes, as well as on the eagle's torso feathers. Both sides are awash in satiny luster, and are covered in a simply beautiful mix of light orange-gold and mint-green patination. Immaculate preservation is noted throughout, with no marks indicating the necessity for individual mention. A minute tick on the sun beneath the R in TRUST may help to pedigree the piece. An outstanding coin in every respect, and sure to generate spirited bidding. Population: 5 in 66, 0 finer (10/06).<BR><I>From The Kutasi Collection.</B></I><BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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