1904 $20 MS(PCGS#9045)

November 2017 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

10220

等级

MS66+

价格

111,379

详细说明

Outstanding 1904 Double Eagle Condition Rarity 1904 Liberty Head Double Eagle. MS-66+ (PCGS). CAC. This is a breathtakingly beautiful premium Gem double eagle that would do justice to the finest type or date set. Fully struck with intense satin luster, playful pinkish-rose highlights drift over otherwise orange-gold surfaces. So smooth as to be virtually pristine, this coin will appeal to even the most discerning gold enthusiast. The 1904 is far and away the most common Liberty Head double eagle of any type in today's market. The mintage of 6,256,699 circulation strikes is the highest in the series and, even more importantly, most of these coins appear to have been used in international commerce. Any coins that remained within the borders of the United States would have been melted by the late 1930s, if not earlier, and the 1904 would be much scarcer in numismatic and investment circles. In truth gold coins did not circulate within the United States during the early 20th century except for in isolated areas of the West, and the output from the San Francisco Mint easily met that need. Given the multitude of 1904 double eagles extant, the vast majority of the mintage was clearly exported to England, France and other countries, where the coins remained until repatriated beginning in the mid to late 20th century. This issue is obtainable with ease in grades up to and including MS-65, and even in MS-65+ and MS-66 the 1904 can only be described as scarce. At and above the present grade level, however, the conditionally rare nature of both the issue and the type come readily to the fore. Among the finest certified, and a simply delightful coin, we anticipate strong bidder competition for this offering. PCGS# 9045. NGC ID: 26CY. PCGS Population: 8; 2 finer (both MS-67). Provenance: From the Cardinal Collection Educational Foundation.