LOT Old Heritage Auctions  /  2007 May/June Long Beach, CA Sig. US Coin #438  / 

2718

1909-D $20 MS65 PCGS. The 1909-D is another low-mintag

Currency:USD Category:Coins & Paper Money / US Coins Start Price:1.00 USD Estimated At:1.00 - 1,000,000.00 USD
1909-D $20 MS65 PCGS. The 1909-D is another low-mintag
<B>1909-D $20 MS65 PCGS.</B></I> The 1909-D is another low-mintage date in the lineup of Saint-Gaudens double eagles, with production halted after just 52,500 coins had been struck. Like the 1908-S issue, a number of circulated 1909-D double eagles are known, indicating that many of these coins were actually used in commerce, rather than stored or exported. Roughly one-third of the total PCGS population for this date is in grades below MS60.<BR> Like many of the known examples, this piece shows a doubled mintmark, with the first D much smaller than the second D. A number of raised die lines are visible to the right of the mintmark. Although discussed by David Bowers in <I>A Guide Book of Double Eagle Gold Coins,</B></I> this variety still does not draw much attention. Bowers claims discovery of this variety with its first publication in the November 1988 catalog of the Norweb Collection, Part III. At about the same time, Walter Breen mentioned the existence of repunched mintmarks for this date in his <I>Complete Encyclopedia,</B></I> also published in 1988. Breen did not delve into specifics of the variety, however.<BR> Gem quality examples of this date are rare, with just 20 such coins certified by PCGS, and only six finer pieces (4/07). Although this specimen has a few tiny marks on each side, its overall eye appeal, created by satiny yellow-gold luster, is excellent. The overall strike is sharp.<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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