1907 $20 High Relief, Flat Rim, MS65 PCGS....

Description

1907 Flat Rim High Relief Twenty, MS65

1907 $20 High Relief, Flat Rim, MS65 PCGS. The story of the High Relief twenties is well-known to numismatists. President Theodore Roosevelt personally asked famed sculptor Augustus Saint-Gaudens to rework several of the more uninspired coinage designs that were current in 1905. Over the next two years, in spite of declining health, Saint-Gaudens produced plaster models for the ten dollar and twenty dollar gold pieces. Each of these denominations went through several modifications before working dies were produced within the Mint that led eventually to the production of millions of gold coins. The Flat Rim variant of the High Relief is a minor, but collectible modification that was made to the High Relief design. To produce each coin, between three and five blows from a hydraulic press were required to fully bring up the details in the dies. However, it was soon discovered that in the striking process a tiny rim of extruded metal protruded between the die and the collar, producing the so-called Wire Rim variant. This was perceived as a problem by Mint personnel, not as an aesthetic element as it is by collector's today. The answer to the "problem" of the Wire Rim was the creation of the Flat Rim coins, pieces that had no extruded metal on either side. Such pieces are four to five times scarcer than their Wire Rim counterparts. This particular coin shows strong, bold definition throughout and the satiny surfaces are virtually free from any post-striking defects. Rarely seen in Gem condition and an important coin for advanced gold collectors.
Ex: Pittsburgh Signature (Heritage, 8/2004), lot 7544; Dallas Signature (Heritage, 11/2005), lot 2485; FUN Signature (Heritage, 1/2018), lot 5168.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 26F2, PCGS# 9136, Greysheet# 10133)

Weight: 33.44 grams

Metal: 90% Gold, 10% Copper

Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.

View Certification Details from PCGS