1907 $20 High Relief, Flat Rim MS65 PCGS. CAC....

Description

Lovely Gem 1907 High Relief, Flat Rim Twenty

1907 $20 High Relief, Flat Rim MS65 PCGS. CAC. While the numismatic marketplace has rarely made much of a distinction between the Wire Rim and Flat Rim variants of the High Relief Saint-Gaudens double eagles of 1907, series enthusiasts are aware of their differences and approach them nearly as separate issues. The Wire Rim pieces, which comprise the majority of the 1907 High Relief coins, were struck first, though the namesake wire rim or "fin" that encircled much of each side created substantial problems.
At the time, Mint officials perceived the wire rim to be an artistic detriment, and a pair of practical issues also appeared: with the wire rim, examples would not stack evenly, and the protruding rim would wear abnormally quickly, which meant that pieces would not remain of legal weight for long. Mint officials modified several processes, and the next batch of High Relief examples to come from the presses was of the Flat Rim variety, and while the problem of the "fin" was not completely eliminated (a number of examples, including the present coin, still show a trace of the wire rim), it was largely mitigated.
With Flat Rim pieces in the minority of the original High Relief population and a lower survival rate compared to their Wire Rim counterparts, the later issue is substantially more elusive when taken as a whole. This attractive Gem representative shows the broad rims of the Flat Rim variety, though the upper obverse shows a glimpse of the prior wire rim. Primarily yellow-gold surfaces offer warm luster and occasional flickers of peach and orange. A tiny area of alloy below the eagle adds character to the reverse. Boldly detailed as always with the remarkable eye appeal that has captured the attention of numismatists for over a century.
From the Stephen Stokely Collection, Part Five.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26F2, PCGS# 9136, GSID# 10133)

Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 1.06oz

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

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