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3269

1909-S $20 MS66 PCGS. Gold specialist Roger Burdette,

Currency:USD Category:Coins & Paper Money / US Coins Start Price:13,000.00 USD Estimated At:1.00 - 2.00 USD
1909-S $20 MS66 PCGS. Gold specialist Roger Burdette,
<B>1909-S $20 MS66 PCGS.</B></I> Gold specialist Roger Burdette, in his research at the National Archives, found that the San Francisco Mint used 13 obverse and 13 reverse dies to strike 2,829,416 double eagles in 1909. He notes that: "Of these, 54,491 (approximately two percent) were rejected by the cadre of lady adjustors who weighed each gold coin. This left a net production of 2,774,925 for commercial use. San Francisco was able to strike an average of 217,647 coins per die pair, or more than nine times the average of the Philadelphia Mint (23,198 per obverse die)."<BR> The 1909-S is relatively obtainable through the near-Gem grade level. As indicated by the PCGS and NGC reports, however, the number of certified pieces drops precipitously from MS64 to MS65. Another significant drop occurs at the Premium Gem level, where the two services have, to date, seen only 13 coins. A single MS67 has also been graded (by PCGS), and neither service has certified any examples finer.<BR> The current Premium Gem 1909-S possesses radiant luster and attractive peach-gold color that is augmented by occasional splashes of slightly deeper orange. Excellent strike definition prevails over the design elements, as revealed in the detail visible in Liberty's fingers on both hands as well as on the face and foot, on the Capitol building, and on the eagle's torso feathers. A few light marks in the field above the eagle's head serve to identify the coin.<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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