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Low Mintage 1909-D Saint Gauden "GTG" Revealed.

HighReliefHighRelief Posts: 3,720 ✭✭✭✭✭
edited May 28, 2018 7:49AM in U.S. Coin Forum

Third lowest mintage 52,500 of the Saint Gauden Series Type 3 with Motto. PCGS has graded a total of only 789 1909-D's making it one of the more elusive Saint's to obtain in higher grades. This was in a NGC slab and I did a crossover with PCGS giving it a new grade.


Comments

  • BloodManBloodMan Posts: 1,836 ✭✭✭✭✭

    AU58

  • woogloutwooglout Posts: 200 ✭✭✭

    53

  • jtlee321jtlee321 Posts: 2,365 ✭✭✭✭✭

    It looks like an AU-53 to me.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Nice EF -- definitely not AU.

    There was only one delivery of double eagles from Denver in 1909 - January 5, 1909;
    52,500 pieces. Estimated Survival: 1,200 in all conditions. Approximately 750 in the OP's illustrated condition.

    "1909-D double eagles are most often found sharply struck. The Capitol dome and olive branch are well defined, as are the eagle’s feathers. Luster is average to above-average and the surfaces commonly have a soft frosted texture. A few pieces, likely early strikes from a new die, have a more satin-like surface. Nearly all of the highest quality coins can be traced to the repatriated Manfra, Toredella and Brookes holdings from Central America.
    Color is usually medium orange gold but some have slight greening tinges. Other than a handful of exceptional quality specimens, most have numerous scattered marks and abrasions from handling of mint bags."

  • CryptoCrypto Posts: 3,867 ✭✭✭✭✭

    @RogerB said:
    Nice EF -- definitely not AU

    :# I get it you have been collecting for awhile and you grew up with some guys that liked to undergrade everything all while watching the market make up some new grades and blur the nuances in between them. I get it you ascertain your hobby enjoyment off the academic aspects so you feel that being a stickler to some long forgotten standards (that weren’t really that strict back then) makes you look like a purist that doesn’t play the games with grading.

    But you do realize that really no one grades like that when it comes time to sell right? Market price is the only real standard.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    No. I learned to grade accurately, consistently and objectively on both sides of a transaction.

  • WashingtonianaWashingtoniana Posts: 278 ✭✭✭

    you can't let that go unanswered, Crypto

  • RayboRaybo Posts: 5,340 ✭✭✭✭✭

    48

  • tradedollarnuttradedollarnut Posts: 20,204 ✭✭✭✭✭

    @RogerB said:
    No. I learned to grade accurately, consistently and objectively on both sides of a transaction.

    When? Because in the 50s extremely fine included almost uncirculated. Where? Because in Europe extremely fine includes almost uncirculated. By whose standards? Because at certain TPGs almost uncirculated includes extremely fine. ;)

  • halfhunterhalfhunter Posts: 2,770 ✭✭✭

    55 is my wag . . .

    Need the following OBW rolls to complete my 46-64 Roosevelt roll set:
    1947-P & D; 1948-D; 1949-P & S; 1950-D & S; and 1952-S.
    Any help locating any of these OBW rolls would be gratefully appreciated!
  • gripgrip Posts: 9,962 ✭✭✭✭✭

    55 would be my wag.

  • divecchiadivecchia Posts: 6,688 ✭✭✭✭✭

    I'm going to guess a 50.

    Donato

    Hobbyist & Collector (not an investor).
    Donato's Complete US Type Set ---- Donato's Dansco 7070 Modified Type Set ---- Donato's Basic U.S. Coin Design Set

    Successful transactions: Shrub68 (Jim), MWallace (Mike)
  • amwldcoinamwldcoin Posts: 11,269 ✭✭✭✭✭

    I'm on the boat with the others! How can you grade this XF! Sell me your that looks like this at todays XF price!

    @RogerB said:
    Nice EF -- definitely not AU.

    There was only one delivery of double eagles from Denver in 1909 - January 5, 1909;
    52,500 pieces. Estimated Survival: 1,200 in all conditions. Approximately 750 in the OP's illustrated condition.

    "1909-D double eagles are most often found sharply struck. The Capitol dome and olive branch are well defined, as are the eagle’s feathers. Luster is average to above-average and the surfaces commonly have a soft frosted texture. A few pieces, likely early strikes from a new die, have a more satin-like surface. Nearly all of the highest quality coins can be traced to the repatriated Manfra, Toredella and Brookes holdings from Central America.
    Color is usually medium orange gold but some have slight greening tinges. Other than a handful of exceptional quality specimens, most have numerous scattered marks and abrasions from handling of mint bags."

  • coinhackcoinhack Posts: 1,173 ✭✭✭✭

    55

  • REALGATORREALGATOR Posts: 2,645 ✭✭✭✭✭

    54.097

    There. Its settled.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited May 26, 2018 9:22PM

    @tradedollarnut said:

    @RogerB said:
    No. I learned to grade accurately, consistently and objectively on both sides of a transaction.

    When? Because in the 50s extremely fine included almost uncirculated. Where? Because in Europe extremely fine includes almost uncirculated. By whose standards? Because at certain TPGs almost uncirculated includes extremely fine. ;)

    My primary grading instructor was Frank Katen, Silver Spring, Md. He was consistent, objective and reliable. He used the ANA definitions for circulated coins and four "uncirculated" modifiers which match MS60, 63, 65 and 67/68. Defects and deficiencies were required to be mentioned, as were superlatives. He was also outspoken about the practices of some of his contemporaries - and usually right.

    Nothing since then has demonstrated any need to bend those standards or meet some arbitrary and inconsistent TPG insert numbers. "Grade inflation" does not occur when standards are defined and followed.

    While I might grade a coin "AU" it is the market between buyer and seller that determines value. And that value is of the coin not an arbitrary and inconsistent label that calls the same "AU" coin MS-61 yesterday, MS-63+ today and MS-64 tomorrow. The real value is identical.

    As perceptively noted in the 1804 dollar thread, "They’re all overgraded. I’m the first to admit that the one I own is a 63+/64-."

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    RE: "How can you grade this XF!"
    Because that is what it appears to be based on the photos. We all know that trying to grade a coin from photos is tricky, so I usually consider these things as "for amusement only."

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    55

  • drfishdrfish Posts: 948 ✭✭✭✭

    58

  • jughead1893jughead1893 Posts: 1,776 ✭✭✭✭✭

    20

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Well.. I am too late for GTG... however, from the pictures, I would have said 50-53....Oh well, win some lose some... the others get better grades... ;) Cheers, RickO

  • BloodManBloodMan Posts: 1,836 ✭✭✭✭✭

    @HighRelief

    I have always liked this date/mint and feel it is underappreciated in the series. It looks like your coin may be the large D over small D variety discovered by David Bowers in 1988. The mintmark is fairly wide and shows traces of a small D in the upper left corner of the large D. About a decade ago, I sold an example for a decent premium on ebay. Image of that coin are below.

  • blitzdudeblitzdude Posts: 6,586 ✭✭✭✭✭

    Nice AU53 congrats

    The whole worlds off its rocker, buy Gold™.
    BOOMIN!™
    Wooooha! Did someone just say it's officially "TACO™" Tuesday????

  • HighReliefHighRelief Posts: 3,720 ✭✭✭✭✭

    @BloodMan said:
    @HighRelief

    I have always liked this date/mint and feel it is underappreciated in the series. It looks like your coin may be the large D over small D variety discovered by David Bowers in 1988. The mintmark is fairly wide and shows traces of a small D in the upper left corner of the large D. About a decade ago, I sold an example for a decent premium on ebay. Image of that coin are below.

    BloodMan: That would be a very interesting find but I do not see it on this 1909-D Saint. I appreciate you pointing this out to me so when looking at others 09-D's I will know to take a look for it.

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