2009 Saint-Gaudens Ultra High Relief Gold $20 MS70
Ultra High Relief
NGC MS 70 PL
1 oz Gold
Currently trending at close to $4,500 elsewhere, this private collection, highly sought after Gaudens is a great deal and a must have for avid gold collectors.
A note about this coin:
Prior to March 2011, PCGS designated all 2009 Ultra-High Relief Double Eagles only as "Mint State." In recognition of the special appearance of some pieces, PCGS added (in March 2011) the Prooflike (PL) designation to qualifying coins.
The 2009 Ultra-High Relief was a reprise of the extremely rare, double-thick, small diameter patterns proposed by Augustus Saint-Gaudens in 1907. Only two such patterns remain today, both of which are part of the National Numismatic Collection at the Smithsonian Institution. The original patterns weigh as much as a normal $20 gold piece but they were struck to the diameter of a $10 gold piece. Thus, they are much thicker and smaller in diameter than a normal $20 gold piece. The 2009 version is slightly different than the original patterns in that the rim is slightly flattened and does not come to the sharp, knife edge as seen on the originals.
Public response to the new Ultra-High Reliefs was tremendous. Though considered bullion coins, they were sold by the Mint at a hefty premium over the value of the gold they contained.