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Lot
2365

1907 $20 High Relief, Wire Rim MS65 PCGS....

2008 June West Palm Beach, FL (Summer FUN) Signature Coin Auction #1110

 
Sold for: $48,875.00 (includes BP )
Bid Source: Internet
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Auction Ended On: Jun 27, 2008
Item Activity: 10 Internet/mail/phone bidders
2,021 page views

Description:

Satiny MCMVII Wire Rim High Relief Twenty, MS65

1907 $20 High Relief, Wire Rim MS65 PCGS. Price guides and reference books divide the 1907 High Relief twenties into two subtypes: Wire Rim and Flat Rim. In reality, both types were struck from the same dies and by the same process. The rim variations were actually the result of an incorrect combination of milling and planchet size. The first 8,000 or so High Relief double eagles struck under the aforementioned arrangement displayed a fin, or partial wire rim, particularly on the obverse, and were considered flawed. The problem was readily addressed by Mint Director Leach. As explained by Roger Burdette in his Renaissance of American Coinage, 1905-1908:

"Efforts by Clark, Barber and others had resulted in almost complete elimination of the rim fin on the high relief coins and by December 20 Director Leach wrote to Barber, 'I am more than delighted with the results you have obtained in preventing the fin.' Much of the credit for improvement goes to Leach. He had tested changes in the milling of planchets in San Francisco before he came to Washington. He had also brought several pre-shaped planchets (Roberts' 'forming die' idea) to Philadelphia for testing. The pre-shaped planchets worked no better than ordinary ones, but the pieces struck from differently milled planchets produced superior results."

After the adjustments were made approximately 4,000 more 1907 High Relief twenties were struck, with these being the Flat Rim variant. Collectors today value each subtype similarly due to the insignificant nature of the rim anomaly.
The satiny luster, boldly struck features, and remarkably well preserved surfaces confirm the exceptional state of preservation of this extraordinary High Relief. A tiny alloy spot on the obverse and a minuscule abrasion on the reverse's sun are the only imperfections worthy of mention.
From The Charleston Collection.(Registry values: N7079) (#9135)

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1166, Lot 5087 Sunday, January 8, 2012 65 PCGS $39,962.50
Auction 1166, Lot 5089 Sunday, January 8, 2012 65 PCGS $41,687.50
Auction 1158, Lot 7678 Sunday, August 14, 2011 65 NGC $41,687.50
Auction 1158, Lot 7679 Sunday, August 14, 2011 65 NGC $48,875.00
Auction 1151, Lot 5300 Sunday, January 9, 2011 65 NGC $43,125.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
PCGS+
64 $40,000 $31,880 $25,500 $24,250 $24,250 $33,000 $37,000
65 $57,500 $55,630 $44,500 $42,000 $42,000 $57,500 $62,500
66 $92,500 $86,880 $69,500 $63,500 $63,500 $87,500 $105,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades + Mintage Engraver
PCGS Not available from PCGS 11,250 Augustus Saint-Gaudens
NGC 65 159 33 1,861 -
CAC 65 28 16 234 -
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auctions.

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High Relief Double Eagles, 1907 $20 High Relief, Wire Rim MS65 PCGS....


High Relief Double Eagles, 1907 $20 High Relief, Wire Rim MS65 PCGS....


High Relief Double Eagles, 1907 $20 High Relief, Wire Rim MS65 PCGS....


High Relief Double Eagles, 1907 $20 High Relief, Wire Rim MS65 PCGS....

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