LOT #3088 |
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1907 $20 High Relief, Wire Rim MS64 PCGS....
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Sold on Feb 6, 2009 for:
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Description
Desirable 1907 Saint-Gaudens Twenty, MS64
High Relief, Wire Rim
1907 $20 High Relief, Wire Rim MS64 PCGS. Universally
acknowledged as the most beautiful coin design of the U.S. federal
series, the Saint-Gaudens High Relief double eagle continues to
grow in popularity every year. Collectors with no interest in other
gold coins pursue this issue ardently because of its beauty and
prestige. Other collectors need this date because it is a one-year
type and a first-date-of-issue coin. Of course, regular gold
collectors and double eagle specialists need an example for their
collections most of all. The original mintage of High Relief double
eagles was a small one, at 12,367 pieces. There was great interest
in the coins from the first, and a large percentage of the initial
mintage was saved by collectors. In A Guide Book of Double Eagle
Gold Coins, Q. David Bowers estimates that more than 5,000
examples of this issue are extant today in all grades. The intense
collector demand keeps prices high for this date, and spirited
bidding ensues at any auction appearance.The present coin is a magnificent example of this design. The excellent strike is all that one would expect from a High Relief coin, with exquisite detail on all design elements. The surfaces display rich, satiny mint luster and lovely yellow-gold color. A few scattered handling marks are consistent with the grade. This example has a wire rim around most of each side. An interesting side note is that on the reverse there are cracks in the planchet that extend from 6 o'clock to 2 o'clock. (Registry values: N7079)
Coin Index Numbers: (NGC ID# 26F2, PCGS# 9135, GSID# 10131)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 12,367
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
2009 February Long Beach, CA Signature US Coin Auction #1122 (go to Auction Home page)
Auction Dates
February, 2009
5th-8th
Thursday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 569
Buyer's Premium per Lot:
15% of the successful bid per lot.
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