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Lot
2586

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

Auction: 2008 December Houston, TX Signature Coin Auction #1118

Sold for: Not Sold
Ended: Dec 4, 2008
Item Activity: 8 Internet/mail/phone bidders
1,855 page views

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) (#9136)

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The Coinage of Augustus Saint-Gaudens: as Illustrated by the Phillip H. Morse Collection
By James L. Halperin, Mark Van Winkle, Jon Amato and Gregory J. Rohan

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 the extraordinary collection of Phillip H. Morse. When Morse's collection was sold in November 2005 it brought $19.2 million with many records broken for both rare and common coins.

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 1114, Lot 2076 Sunday, August 3, 2008 66 PCGS $103,500.00
Auction 1114, Lot 2075 Sunday, August 3, 2008 66 PCGS $86,250.00
Auction 1104, Lot 2510 Saturday, April 19, 2008 66 PCGS $92,000.00
Auction 460, Lot 2784 Saturday, February 16, 2008 66 PCGS $115,000.00
Auction 454, Lot 3356 Saturday, January 12, 2008 66 PCGS $86,250.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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