LOT Heritage Rare Coin Galleries  /  2007 Long Beach, CA Sig. Coin Auction #430  / 

5148

1909/8 $20 MS64 PCGS. Although discovered in 1910, the

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1909/8 $20 MS64 PCGS. Although discovered in 1910, the
<B>1909/8 $20 MS64 PCGS.</B></I> Although discovered in 1910, the variety was promptly forgotten until the 1940s, and today it is a popular (and pictured) <I>Guide Book</B></I> variety. The prevailing numismatic view is that the mintage of this issue was about equally divided between the normal-date and overdate pieces, but the overdate carries a substantial premium, a factor of its unceasing demand. That demand is created in part because of its status as one the only Saint-Gaudens double eagle overdate. Although some proclaim the so-called "1853/2 overdate" in the Liberty Head series while others doubt, regarding the status of the 1909/8 there is no doubt. The variety was created by a double hubbing error, i.e. a die was hubbed at least once each from 1908- and 1909-dated hubs between annealings, or hardenings. Even today, most Mint State coins found are in the lower echelons. This piece boasts intense luster emanating from khaki-gold surfaces that show few distractions of any kind. The bold strike further boosts the appeal. Population: 76 in 64, 18 finer (1/07).<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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