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Lot
7543

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

2004 August Pittsburgh, PA Signature Sale #352

 
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Auction Ended On: Aug 20, 2004
Item Activity: 8 Internet/mail/phone bidders Number of Bidders
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Description:
Lovely 1907 Wire Rim High Relief Double Eagle
1907 $20 High Relief, Wire Rim MS65 PCGS. The High Relief double eagles with Wire Rim were struck before those with Flat Rim. In fact, the latter variety was created as a result of fixing an internal Mint problem that was revealed when these first examples were struck. According to contemporary reports, it required five blows from the dies to bring up all the detail on these coins. During this difficult minting process, considerable metal was forced into a minute space that existed between the dies and the retaining collar that was used to prevent outward expansion of the metal. The result was what is known today as a Wire Rim and is a collectible variety. In Mint parlance of the time, this was called a "fin" and was very undesirable. The problem was not immediately fixed, as today the Wire Rim coins are actually more plentiful than those with Flat Rim.
This example has satiny yellow-gold luster with very sharp design features. Although a few minor surface marks are noted, this coin easily qualifies as a Gem and will be a prize for the new owner. Die polish lines are visible in the fields, although they are very light.
From The John Michael Stuart Collection, Part Two.(#9135) (Registry values: N7079) (NGC ID# 26F2, PCGS# 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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Auction 1204, Lot 5855 Thursday, April 24, 2014 MS65 PCGS $28,000.00
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