1762

1911 $20 St. Gaudens NGC PF65

Currency:USD Category:Coins & Paper Money / US Coins Start Price:8,750.00 USD Estimated At:35,000.00 - 40,000.00 USD
1911 $20 St. Gaudens NGC PF65
Once again, even though the official mintage for Proofs in 1911 was 100 pieces, this really does not a carry great weight since so few coins are known today. Apparently the mint produced, on speculation, small numbers of these non-traditional Proofs throughout the yearr. When the public failed to buy them all up, the overage was melted. Estimates of survivors for 1911 range from a low of 20 coins to as many as 25-35 separate pieces that may survive today in all grades from the original 100 reported listed in the Archives records.

With the 1911 issue, the mint continued the Matte Proofing process which began in 1908. This piece shows thousands of tiny sparkling diamonds of light under magnification and the basic mustard brown color is overlaid by a thin coating of olive-green. The surfaces are virtually flawless, making it a true museum-quality $20 that appears totally without blemish.