Saxony 1914-E 20 mark

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Heritage sale 3041, lot 30085
Saxony H3041-30085r.jpg

This specimen was lot 30085 in Heritage sale 3041 (Chicago, August 2015), where it sold for $30,550. The catalog description[1] noted, "An Unparalleled Proof Beauty of Saxony--Likely the Finest German Empire Gold Proof Extant! Saxony. Friedrich August gold Proof 20 Mark 1914-E PR68 Ultra Cameo NGC, Muldenhutten mint, A pristine coin, absolutely the finest known for the type, and a marvel to behold. Produced to the highest standard imaginable, the raised design is luxuriously frosted in extreme depth, with no discernable grazes, ticks or flecks of any significance. Unending reflectivity in the surrounding fields serves to complete the "Ultra Cameo" appearance, with again no mentionable imperfections of any kind. Together, the eye-appeal is not only unsurpassable for the type, but we've never seen another proof 20 Mark (it is the only PR68 graded from any German State) come close! Undeniably a coin that fits the "museum-quality" moniker, and for the lucky collector that ends up placing this in their cabinet, a coin that will certainly deliver significant gratification, one viewing after another. From The Kaiser Collection of German Gold Coins." This is the most common of the three dates tho the proofs are rare. Gold ten mark also exist.

Recorded mintage: 325,246 plus proofs.

Specification: 7.97 g, .900 fine gold, .229 troy oz AGW.

Catalog reference: KM 1265, Jaeger-268.


  • Michael, Thomas, and Tracy L. Schmidt, Standard Catalog of World Coins, 1901-2000, 47th ed., Iola, WI: Krause Publications, 2019.
  • Friedberg, Arthur L. and Ira S. Friedberg, Gold Coins of the World, From Ancient Times to the Present, 9th ed., Clifton, NJ: Coin and Currency Institute, 2017.
  • [1]Bierrenbach, Cristiano, Warren Tucker and David Michaels, Heritage World & Ancient Coins Auction 3041, featuring the Eric Beckman Collection of Canadian Coins, the Kaiser Collection of German Gold Coins and the Rudman Collection of Mexican Coins, Part I, Dallas, TX: Heritage Auction Galleries, 2015.

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