A 2009 Saint-Gaudens, Ultra High Relief gold $20 double eagle
auctioned Sept. 30 brought a price believed to be the highest paid for
an example of the issue.
An unidentified East Coast collector paid $20,903.30 to acquire the
coin in an online sale conducted by GreatCollections (www.greatcollections.com).
The price included a 10 percent buyer’s fee.
The coin is graded Mint State 70 Prooflike, by Professional Coin
Grading Service, and encapsulated by the third-party grading service
with a First Strike designation on the grading insert.
GreatCollections President Ian Russell said Oct. 1 that to his
knowledge, the price paid for the coin is the highest recorded.
“I don’t know of any other auction realizations close to this amount
for this issue,” Russell said.
Russell said the coin sold by GreatCollections possesses the
“trifecta” of having the highest numerical grade attainable at MS-70;
the Prooflike superlative, having a superior finish bordering on Proof
quality; and the First Strike designation, for being among the first
examples delivered to collectors during the first 30 days of shipments
from the U.S. Mint after the start of sales.
As of the Sept. 30 close of the GreatCollections auction, PCGS had
certified just 26 coins PCGS MS-70 Prooflike First Strike.
The issue represents a Mint reproduction of one of the variants of
sculptor Augustus Saint-Gaudens’ 1907 Ultra High Relief, Roman
Numerals double eagle.
The U.S. Mint charged an initial price of $1,189 per coin when it
went on sale on Jan. 22, 2009. ■