LOT Old Heritage Auctions  /  2007 Signature Coin - Charlotte, NC #434  / 

2401

1909-D $20 MS66 PCGS. . The Denver Mint, after strikin

Currency:USD Category:Coins & Paper Money / US Coins Start Price:42,500.00 USD Estimated At:1.00 - 1,000,000.00 USD
1909-D $20 MS66 PCGS. . The Denver Mint, after strikin
<B>1909-D $20 MS66 PCGS.</B></I> . The Denver Mint, after striking almost 1.2 million double eagles in 1907--the last year of the Liberty Head series--and in 1908--the first D-mint Saint-Gaudens pieces--in 1909 that mint managed to produce only a leisurely 52,500 pieces of the 1909-D, creating an instant rarity in relative terms. Excepting the High Relief issue, among regular business strikes only the 1913-S, 1914, and 1930-S had original mintages numbering less than 100,000 pieces. According to Garrett and Guth, many survivors of the 1909-D issue owe their existence to decades of storage in banks in Switzerland, France, and even El Salvador before their repatriation to the United States.<BR> This phenomenal piece is certainly at the high end of the existing population technically and numerically, as well as aesthetically. The average survivor grades only MS61 or so, while this piece, at MS66, is one of only four coins so graded at PCGS, with two pieces finer. NGC has certified no MS66 examples, but it has graded one piece finer, an MS67 (4/07). The present specimen has deep, mellow reddish-orange coloration on both sides, accompanying exemplary, radiant cartwheel luster. The strike is extremely sharp, while falling just short of full, since there is a small area of flatness on Liberty's nose and forehead that is visible only under a loupe. A single mentionable nick appears on Liberty's right (facing) thigh, but otherwise the coin is remarkably free of mentionable abrasions. The astute series specialist or type collector would do well to pounce on this opportunity, as it is unlikely to soon repeat. Population: 4 in 66, 2 finer (3/07).<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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