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Lot
2366

1907 $20 High Relief, Flat Rim PR66 NGC....

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

 
Sold for: $83,375.00 (includes BP )
Bid Source: Live: Floor bidder
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Auction Ended On: Jun 27, 2008
Item Activity: 12 Internet/mail/phone bidders
2,373 page views
Description:
Incredible PR66 1907 High Relief, Flat Rim Twenty, PR66
1907 $20 High Relief, Flat Rim PR66 NGC. For Saint-Gaudens double eagle enthusiasts, few debates are so contentious as the issue of proofs among High Relief double eagles. Depending on one's definitions, the number of High Relief proofs struck could range from none to the entire issue, with a "middle ground" that falls on the lower side of the scale. Research performed by Roger Burdette and reprinted in his Renaissance of American Coinage series suggests that all High Relief examples were struck at least three times, with careful quality control on dies and planchets per President Roosevelt's orders.
Assuming no variation among High Relief coins, this can lead to one of two conclusions: all pieces are proofs, since each meets the technical definition often employed for proofs; or none of the pieces are proofs, since there are no examples that were struck in a distinctly different fashion from their peers. Other authorities have suggested a small coinage of proofs based on differing collars used or minute changes in die preparation; David Akers put forth a similar theory in 1975. Among the numismatic titans that disagree are top-flight grading services NGC and PCGS; while the former has certified an appreciable percentage of the population as proofs, the latter firm has assigned only Mint State designations to High Relief pieces.
Leaving aside the question of whether or not Proofs exist, there is little room for dispute that the sumptuous Premium Gem offered here exhibits remarkable beauty and technical appeal. The strike is bold, even more so than is characteristic for the issue, and the warm butter-yellow surfaces offer strong, special luster beneath delicate patina. Its preservation is excellent, and its eye appeal is wonderful. The present piece was on display at the Museum of Money on Wall Street in Manhattan prior to its consignment.
NGC has certified 219 examples of the High Relief issues as proofs, 111 pieces without regard to Wire Rim or Flat Rim status, 102 coins as Wire Rim, and a mere six specimens as Flat Rim; of those six, the two numerically finest are a pair of PR66 pieces, and this is the only coin at that level to receive the Star designation (5/08). (#9132)

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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 1143, Lot 3610 Sunday, August 15, 2010 66 NGC $66,125.00
Auction 1128, Lot 1330 Sunday, August 2, 2009 66 NGC $69,000.00
View prices realized from this item in other grades (you must be signed in)
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+
65 --- --- --- --- --- --- ---
66 --- --- --- --- --- --- ---
67 --- --- --- --- --- $2,200,000 $2,300,000
*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 0  
NGC 66 19 14 236 -
CAC 66 0 1 1 -
*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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Photographs:


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Proof High Relief Double Eagles, 1907 $20 High Relief, Flat Rim PR66  NGC....

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