1907 $20 High Relief, Flat Rim MS66 PCGS. CAC....

Description

Scintillating 1907 High Relief, Flat Rim Double Eagle, MS66

1907 $20 High Relief, Flat Rim MS66 PCGS. CAC. The Mint staff and outside artist Augustus Saint-Gaudens clashed considerably during the course of the Saint-Gaudens designs' implementation, but progress came more quickly after the death of the artist. As recounted in The Coinage of Augustus Saint-Gaudens as Illustrated by the Phillip H. Morse Collection:

President Roosevelt became frustrated by what he felt was inaction at the Mint, and demanded the newly designed double eagle be in production by September 1st. New dies were prepared from the ... models, and the relief reduced as much as possible on the Janvier lathe design. Tests showed that a desirable coin could be struck after three blows of the medal press, although it had to be annealed between each blow of the dies and took an average of 12 minutes to strike! In comparison, Liberty double eagles could be produced at the rate of 80 coins per minute. Yet, coins were being struck, and President Roosevelt was happy.

The earlier High Relief impressions, a majority of the total, showed a prominent wire rim, which was disliked within the Mint. For later pieces, an adjustment in striking, along with judicious use of a file, resulted in the Flat Rim coins. The present piece is among the better-preserved survivors from that smaller emission. The detail is every bit as exquisite as one would expect, and the rich yellow-orange surfaces have smooth, undisturbed luster. A gorgeous representative of this famous issue, one that has a claim to being America's most beautiful circulating coin.(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.

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