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Lot
5156

1907 $20 High Relief, Wire Rim MS66 NGC....

2011 June Long Beach Signature US Coin Auction #1156

 
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Auction Ended On: Jun 3, 2011
Item Activity: 9 Internet/mail/phone bidders
3,254 page views
Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

1907 High Relief Twenty, MS66, Wire Rim Variant
Exceptionally Thick Satiny Luster
1907 $20 High Relief, Wire Rim MS66 NGC. The story is often told of how President Roosevelt gave out High Relief twenties to friends as mementoes. But he was not the only one to do so. Saint-Gaudens' wife, Augusta, also recognized the importance of the coins and their value. In Louise Hall Tharp's 1969 work Saint-Gaudens and the Gilded Era she related:

"Augusta instructed Charles Brewster [her friend and attorney] to buy Saint-Gaudens gold coins for her. Very shortly, however, he could find "but three more" twenty-dollar gold pieces and warned her that there was "a premium of $10 on the double eagle." This time Augusta was not asking for advice; she told him to buy all he could, especially the high-relief examples. ... Augusta gave her coins to members of her family, most probably sold some as the price increased - and saved one for display at "Aspet."


The special nature of these coins was recognized by those closest to their production immediately upon their release, and the High Relief twenties were specially struck on hydraulic presses and have continued to fascinate collectors and non-collectors alike since they were issued in late 1907.
This exceptional coin was among the first produced, probably in the batch struck in November 1907. These pieces showed a 'fin' or piece of extruded metal, sometimes around both sides of the coin. The wire rim on this piece is complete around the obverse, but little is seen on the reverse. Each side has lovely, thick satiny mint luster that is virtually unaffected by contact mark or grazes. As usually seen on High Reliefs, the striking details are complete throughout.
From The Virginia Beach Collection.(Registry values: N10218) (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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