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SERIES: Liberty Head $20 1849-1907
LEVEL: Year, MintMark, & Major Variety

1897 $20, DC (Proof)

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PCGS PR65+DC

PCGS PR65DC

PCGS PR65DC
PCGS #:
99113
Diameter:
34.00 millimeters
Designer:
James Barton Longacre
Weight:
33.40 grams
Edge:
Reeded
Mintage:
86
Metal Content:
90% Gold, 10% Copper
Auction Record:
$109,250 • NGC PR66 • 4-18-2012 • Heritage
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 PR65+DCAM PCGS grade

Simpson Collection

2 PR65DCAM PCGS grade

High Desert Collection (PCGS Set Registry)

2 PR65DCAM PCGS grade
2 PR65DCAM PCGS grade  
2 PR65DCAM estimated grade  

John M. Clapp Collection, probably purchased directly from the Mint in 1897 - John H. Clapp - Clapp Estate - Louis Eliasberg in 1942, via Stack's - Bowers & Ruddy 10/1982:997 - Buddy Ebsen Collection - Superior 6/1987:2910 - Stack's 10/1988:162 - Heritage 11/2003:7976 - Heritage 4/2012:5358, $109,250

Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 PR65+DCAM PCGS grade

Simpson Collection

2 PR65DCAM PCGS grade

High Desert Collection (PCGS Set Registry)

2 PR65DCAM PCGS grade
2 PR65DCAM PCGS grade  
2 PR65DCAM estimated grade  

John M. Clapp Collection, probably purchased directly from the Mint in 1897 - John H. Clapp - Clapp Estate - Louis Eliasberg in 1942, via Stack's - Bowers & Ruddy 10/1982:997 - Buddy Ebsen Collection - Superior 6/1987:2910 - Stack's 10/1988:162 - Heritage 11/2003:7976 - Heritage 4/2012:5358, $109,250

2 PR65DCAM estimated grade  

Zurich Collection - Bowers & Merena 11/2010:5404, $94,300

2 PR65DCAM estimated grade  
2 PR65DCAM estimated grade  
9 PR64DCAM PCGS grade  
10 PR64DCAM estimated grade  

Heritage 9/2006:4435, $77,625

Ron Guth: Out of a reported mintage of 86 Proof 1897 Double Eagles, experts speculate that only 35 to 40 have survived until today.  Assuming all of the 86 Proofs were actually sold to collectors (a questionable assumption), it is doubtful that many were destroyed AFTER their release.  We know of instances where Proof gold coins ended up in circulation, but this only occurs to a minor degree, and almost never with an 1897 Proof $20.  Thus, either numerous Proof 1897 Double Eagles remain hidden, or the coins we have today are all we are going to see.

The production quality of Proof 1897 Doubles Eagles is excellent.  Virtually all examples have some degree of Cameo contrast and a small number have Deep Cameo contrast.  Demand for the best examples is intense, and at least one example (the Eliasberg Proof) has sold for over $100,000.