1903 $20 Liberty Head Rare Coin
PCGS PR64
Certification: 9119.64/58789715
Type 3 With Motto
Mintage: 158 (50 to 60 survivors per Garrett and Guth)
PCGS POP: 10/3
BREATHTAKING BEAUTY WITH SMALL POPULATION
The devices are well struck with nominal contrast, a typical feature of the brilliant proofs that dominated at the Mint during the early 20th century. However, at any level of preservation, this sensational proof would be a prize, and its near-Gem status only strengthens its desirability.
The 1903 proof double eagle, with an official mintage of 158 specimens, has the highest documented production for any Liberty issue and the second-highest for the denomination (behind only the 1910). However, it is probable that quite a few examples were melted by the Mint as unsold, for Garrett and Guth estimate the surviving population of 1903 proofs to be 40 to 50 pieces in all grades. The authors further write: "In recent years the demand for examples of the type in Proof has increased dramatically. The supply will most likely never meet the demand for these large, impressive coins." The low survival rate, combined with its great beauty and heightened demand, are factors that make this piece an investment tool with great potential.
Additional information
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| Year | 1903 |
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