One of six 1900 double eagles designed prooflike by NGC.

With each new acquisition for the Grandview Collection of Liberty Double Eagles in 2013, I plan to describe the coin and relevant background information with a journal post.

NGC has designated only six 1900 double eagles as prooflike in all grades with three in MS62 PL and two finer both in MS63 PL (Aug 2013).

The 1900 is the second most common liberty head twenty with about 47,000 graded. This number is well behind the ubiquitous 1904 with 215,000 graded by NGC, however, the number of coins designated as PL is 6 and 728, respectively. While the overall percentage of PL double eagles of any date is really small (0.33% for 1904), the percent for 1900 is minuscule at 0.013%.

1900: 6 in PL out of about 47,000 = 0.013%

1904: 728 in PL out of 215,000 = 0.33%

As I mentioned in my journal entry for the 1898 $20 NGC AU58 PL which has a low Registry score considering its rarity, the 1900 $20 NGC MS62 PL with only six coins in all grades has a measly score of 1410 which doesn't reflect the rarity of PL examples of this date. For reference, MS64 and MS65 examples of this common date receive scores of 1658 and 3057, while there are 4663 and 224 grades, respectively.

Images of the 1900 double eagle from Grandview Collection are below.

http://coins.www.collectors-society.com/WCM/CoinView.aspx?PeopleSetCoinID=1594508

The surfaces are lightly abraded for the MS62 grade and without any significant detracting marks though the reflective fields tend to accentuate minor bag marks. The devices are frosty giving the coin a degree of cameo contrast. This coin is well struck and has nice detail on both the obverse and reverse.

Grandview Collection

http://coins.www.collectors-society.com/registry/coins/SetListing.aspx?PeopleSetID=106968