LOT #2510 |
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1907 $20 High Relief, Flat Rim MS66 PCGS....
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Sold on Apr 17, 2008 for:
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Description
Stunning 1907 High Relief, Flat Rim Saint-Gaudens
Double Eagle, MS66
1907 $20 High Relief, Flat Rim MS66 PCGS. This is a simply
stunning Premium Gem example of the Saint-Gaudens High Relief
double eagle, one of the most popular issues in the history of
American coinage. The design elements are fully struck, and the
surfaces of the coin are impressively preserved. A few faint marks
appear in the outer obverse fields, but these are very superficial
and easy to overlook. In addition to shimmering, satiny luster, the
coin also presents lovely honey-gold and lime coloration across
both sides.As an example of the so-called Flat Rim subtype, this piece enjoys added desirability, since the Flat Rim High Reliefs are several times scarcer than their Wire Rim counterparts.
An unlikely partnership was formed in 1905 between two famous men: artist-sculptor Augustus Saint-Gaudens and bully military hero Theodore Roosevelt. The two entered into a conspiracy to improve the artistic merit of American coinage, despite the almost certain opposition of U.S. Mint personnel (especially Chief Engraver Charles Barber).
Over the next two years, Saint-Gaudens struggled with increasing ill health, but before his eventual death he succeeded in creating two of the most beautiful coin designs ever seen: this one and the design for the new Indian Head gold eagles.
The following comments are taken from an article entitled Congressman's Diary Reveals Original Owners of Rare Saint-Gaudens Gold Eagles, by Roger W. Burdette and Jeff Reichenberger:
"President Roosevelt was very proud of his new gold coins. He encouraged senior members of his administration to purchase one each of the first variety eagles and high relief double eagles as mementos of the new designs. At times, the President seemed more like a new father passing out complimentary cigars on the birth of a baby than a Nobel Peace Prize winning chief executive."
Modern-day numismatists should have no trouble understanding Roosevelt's pride in the accomplishment that these fabulous coins represented. Creating them was a difficult task, indeed, but the results were clearly worth the considerable efforts of all involved.
(Registry values: N10218)
Coin Index Numbers: (NGC ID# 26F2, PCGS# 9136, GSID# 10133)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
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.
Auction Info
2008 April Rosemont, IL (CSNS) Signature Coin Auction #1104 (go to Auction Home page)
Auction Dates
April, 2008
16th-18th
Wednesday-Friday
Bids + Registered Phone Bidders: 14
Lot Tracking Activity: N/A
Page Views: 1,074
Buyer's Premium per Lot:
15% of the successful bid per lot.
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