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Lot 3093 |
1907 $20 High Relief, Wire Rim PR66 NGC....
Auction: 2009 February Long Beach, CA Signature US Coin Auction #1122
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| Sold for: | Sign-in or Join (free & quick) |
| Ended: | Feb 5, 2009 |
| Item Activity: |
7 Internet/mail/phone bidders
 2,798 page views |
Description:
1907 High Relief, Wire Rim Twenty, PR66
1907 $20 High Relief, Wire Rim PR66 NGC. Produced to the extent of 12,367 coins, the MCMVII High Relief issue was minted in both a Mint State format that required "three to five blows" from the Mint's presses--and the controversial proof format that NGC recognizes and PCGS does not.Dr. Robert Loewinger's useful but underutilized reference on Proof Gold Coinage of the United States (2003) maintains that an "unknown number of satin Proof coins were made by striking six or seven blows of the press. Also there is a sandblast finish of this type." We have numerous times cited the criteria of the Satin Finish proofs that Walter Breen put forth. However, Loewinger goes a step further, actually listing the "criteria used by NGC to distinguish Proof examples of the High Relief edition of the Saint-Gaudens Double Eagle from Business Strikes:
"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 flowlines 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 to by additional strikes."
This piece meets all the criteria set out above. The surfaces glow with bright, satiny mint luster and the striking details are extraordinarily sharp. A fine wire rim encircles each side from the extra blows required from the hydraulic press used to produce these pieces. Simply outstanding presentation and eye appeal.
As we wrote elsewhere in this catalog, the planned Mint release in January 2009 of MMIX-dated Ultra High Relief coins should fan the flames of demand for both the business strike and proof MCMVII original High Reliefs--as well as the original proof Ultra High Reliefs for those who can afford them. This will mark the first time in Mint history that two different type coins from the same series are produced 102 years apart. Census for Wire Rim coins: 12 in 66, 12 finer (12/08). (#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 1128, Lot 1330 | Sunday, August 2, 2009 | 66 | NGC | $69,000.00 |
| Auction 1110, Lot 2366 | Sunday, June 29, 2008 | 66 | NGC | $83,375.00 |
| Auction 450, Lot 2068 | Tuesday, April 10, 2007 | 66 | NGC | $83,375.00 |
| Auction 412, Lot 2149 | Saturday, March 4, 2006 | 66 | NGC | $126,500.00 |
| Auction 242, Lot 7328 | Friday, November 17, 2000 | 66 | NGC | $49,450.00 |
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Previous Prices from Heritage Auctions |
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