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Lot 3421

Image Information

Type Coin
Title Lot 3421
Date 1909
Side obverse
Grade 63
Service NGC
Service Catalog # 9151
Denomination $20
Description 1909/8 $20 MS63 NGC. FS-301. This Guide Book variety is widely popular as the only overdate variety in the Saint-Gaudens double eagle series, and it has become surprisingly affordable in lower grades since numerous examples turned up in overseas holdings. Researchers estimate that as much as half of the original mintage of 1909 double eagles (up to 80,000 coins) was produced with the overdated die, but its moderate availability fails to stifle demand. By 1909, the entire four-digit date was incorporated into the master die, meaning that this overdate was likely created when an old 1908 obverse was re-hubbed with a 1909 master die, causing the remarkably neat and uniform overdate as it appears on the coin. This example exhibits vibrant lemon-gold luster and sharply struck devices. The surfaces are only minimally abraded for the grade, with no readily obvious marks. NGC has encapsulated only 47 numerically finer representatives (8/14). Ex: Eric P. Newman Numismatic Education Society. Realized $5875.00. Description courtesy of Heritage Auctions.

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