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5213

1907 $20 High Relief, Wire Rim MS65 PCGS. The High Relief Double Eagles with Wire Rims were struck before those with Flat R...

2005 September Long Beach Signature Auction #384

 
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Auction Ended On: Sep 23, 2005
Item Activity: 12 Internet/mail/phone bidders
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Location: Long Beach, CA
Description:
Remarkably Preserved Gem MCMVII High Relief Twenty
1907 $20 High Relief, Wire Rim MS65 PCGS. The High Relief Double Eagles with Wire Rims were struck before those with Flat Rims. In fact, the latter variety was created as a result of fixing an internal mint problem that was revealed when these first examples were struck. According to contemporary reports, it required three blows from the dies to bring up all the detail on these coins. During this difficult minting process, considerable metal was forced into a minute space that existed between the dies and the retaining collar that was used to prevent outward expansion of the metal. The result was what is known today as a Wire Rim and is a collectible variety. In mint parlance of the time, this was called a "fin" and was considered undesirable. The problem was not immediately fixed, as today the Wire Rim coins are actually more plentiful than those with Flat Rim.
This example has satiny yellow-gold luster with very sharp design features. Although a few minor surface marks are noted, this coin easily qualifies as a Gem and will be a prize for the new owner. Die polish lines are visible in the fields, although they are very light.(#9135) (Registry values: N7079) (NGC ID# 26F2, PCGS# 9135)

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

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 two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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