File:Saxony H3041-30080o.jpg
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This specimen was lot 30080 in Heritage sale 3041 (Chicago, August 2015), where it sold for $4,230. The catalog description[1] noted, "A Highly Desirable Portrait Type and Denomination. Saxony. Georg gold Proof 20 Mark 1903-E PR64 Cameo NGC, Muldenhutten mint, KM 1260, Jaeger-266. One-year type. Tone-free and incredibly bold in presentation, with cameo contrast that appears to fully merit "Ultra Cameo" distinction as a result of thick design frost and enduring mirror depth in the fields. Very nearly a technical Gem, only minor imperfections are present, with an overall appearance that is certainly Gem caliber. The only 20 mark date of Georg's reign, and as such, a heavily sought type, especially in proof format. From The Kaiser Collection of German Gold Coins."
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