Lot 1910
1908. No Motto. PCGS graded MS-67. Light golden toning. Here, too, we are pleased to describe a superb gem of the finest order, a No Motto Saint $20 whose explosive luster beams forth in all directions from the golden surfaces. Piercingly sharp for the date, as well, easily finer in sharpness than many in nominally identical grades. Part of the Nevada Gold group.
Of all the various hoards bought in Europe, Asia, America, and elsewhere, this group of 1908 twenties is the most interesting as the highest quality group ever sold. Approximately 19,000 pieces were in the hoard. All were the No Motto issue of 1908. Many graded at the MS66, 67 and higher level, with over 200 pieces in MS68 according to the distributor of the hoard. The group remained in storage since 1917 (the dates printed on the original bank bags in which they were stored)! Because they remained uncleaned and fresh, they are today popular adjuncts to collecting the double eagle series of gold coins. The name "Wells Fargo" was merely marketing to take advantage of the hoard’s size. They were stored for a time in a Wells Fargo Bank in Nevada, whose name has since been associated with the hoard by PCGS's inclusion of the title on the holders (PCGS # 99142) .
Estimated Value $5,000 - 5,500.
Wells Fargo Nevada Gold.
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