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Lot 2587 |
1907 $20 High Relief PR65 NGC....
Auction: 2008 December Houston, TX Signature Coin Auction #1118
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This indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
| Sold for: |
Not Sold
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| Ended: | Dec 4, 2008 |
| Item Activity: |
2 Internet/mail/phone bidders
1,087 page views |
Description:
Exceptional Gem Proof MCMVII High Relief, Wire Rim
1907 $20 High Relief PR65 NGC. The High Relief Saint-Gaudens double eagles were without a doubt the most troublesome coins the Mint has ever had to produce, a record that stands even after more than a century has passed. Numerous trial strikes were made with varying numbers of blows from the hydraulic press, producing ever more distinct detailing. One method was employed at the urging of Frank Leach to strike these High Relief twenties on ordinary presses rather than hydraulic presses. Unfortunately no examples survive today. According to Roger Burdette, Leach theorized that if he "cut blanks thinner and larger than normal, ... upset the rim much higher than usual ... This brought the planchet into alignment with die curvature and allowed more even distribution of press energy across the coin. This would reduce the number of blows required to bring up fine detail."These coins did not go into production, but this passage serves to illustrate the considerable lengths Mint employees and officials went to in order to bring these exceptional coins into production. As we have related on numerous occasions, proof High Relief twenties all show these common characteristics, as enumerated by Robert Loewinger in Proof Gold Coinage of the United States:
1) Extreme sharpness in all details, both at the centers and toward the peripheries.
2) The complete absence of die erosion or distortion.
3) Numerous, raised die-polishing lines on both sides. These appear in a random, swirling pattern. While also evident on currency strikes, these are particularly bold on proofs.
4) Uniformly satiny surfaces, without any of the radial flow lines that produce conventional mint luster.
5) A build-up of metal just inside both borders, though especially evident on the reverse. This appears as a slightly raised ridge forming a concentric circle with the coin's border. It probably resulted from the extreme compression to which the Proofs were subjected by additional strikes.
This coin, of course, meets all the criteria set out above. The surfaces are bright and satiny with a slight tinge of reddish patina. An outstanding example of this most popular of all coins. Census: 31 in 65, 40 finer (10/08). (#9132)
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Shipping Description: Coins & Currency (view shipping information)
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.
Order Now! Just $75
Guides and Pricing Information:
Previous Prices from Heritage Auctions
| Lot | Date | Grade | Service | Realized |
|---|---|---|---|---|
| Auction 1114, Lot 2078 | Sunday, August 3, 2008 | 65 | NGC | $86,250.00 |
| Auction 452, Lot 2475 | Wednesday, November 7, 2007 | 65 | NGC | $63,250.00 |
| Auction 404, Lot 4508 | Saturday, April 29, 2006 | 65 | NGC | $69,000.00 |
| Auction 368, Lot 7411 | Friday, March 25, 2005 | 65 | NGC | $60,375.00 |
| View prices realized from this item in other grades (you must be signed in) | ||||
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