1914 $20 MS66 Certification #84335627, PCGS #9164
David Akers (1975/88)
The 1914 has the lowest mintage figure of any of the scarce and underrated Philadelphia Mint issues from 1908 With Motto to 1915 but it is not the rarest issue. The 1909 is more rare in all Mint State grades, especially in gem condtition, and the 1913 is distinctly rarer than the 1914 in MS-64 or better condition. In all respects, both total population-wise and condition-wise, the 1914 is very simlar in rarity to the 1911 and 1915. in MS-60 to 62 condition, the 1914 can be obtained with only a little difficulty. However, even at the MS-63 level, this issue is rather rare, and better than that it is extremely difficult to find. A small number of gems are known, however, and I have seen two and perhaps a third that were distinctly better than MS-65, possibly even grading a full MS-67.
The 1914 is much more sharply struck in general than the 1913 and is nearly as well struck as the 1912. Lustre is average to above average for the series and all examples that I have seen have been frosty. Color is typically good but not great like the 1915 or even as good as the 1912. Most often, the color is a light to medium orange gold.