1907 $20 High Relief, Wire Rim, MS67 PCGS....

Description

MCMVII High Relief Double Eagle
Wire Rim, Impeccably Preserved MS67
Ex: Steinbrenner

1907 $20 High Relief, Wire Rim, MS67 PCGS. As an homage to the centennial of President Theodore Roosevelt's birth year, the November 1958 issue of The Numismatist included an article entitled "Theodore Roosevelt and our Coinage," by Elston G. Bradfield (LM 266). Indeed, Roosevelt's numismatic accomplishments are impressive. He was one of the driving forces behind the redesign of the ten and twenty dollar gold coins in 1907, and was in office when Victor David Brenner's Lincoln cent was introduced, replacing the long-standing Indian Head design. Specifically, Bradfield touches on Roosevelt's distaste for the coins in circulation, his hiring of Augustus Saint-Gaudens, the president's thoughts on the motto IN GOD WE TRUST (he believed including it on coinage was sacrilegious), and how Roosevelt used his influence to secure a commission for Brenner to redesign the cent. The takeaway is just how significant President Roosevelt's contributions were in initiating the so-called Renaissance of American Coinage. Even in the face of other presidential duties, Roosevelt found the time to make a lasting impact in numismatics, arguing in his autobiography:

" ... certain things were done of which the economic bearing was more remote, but which bore directly upon our welfare, because they add to the beauty of living and therefore to the joy of life. Securing a great artist, Saint-Gaudens, to give us the most beautiful coinage since the decay of Hellenistic Greece was one such act."

This is one of the coins for which President Roosevelt and Augustus Saint-Gaudens are directly responsible. This MCMVII High Relief double eagle exhibits sculptural, three dimensional design elements, with razor-sharp definition on the central devices. Like the majority of High Reliefs, this coin features a high fin, or Wire Rim, around much of the circumference of the coin, caused by metal extruded through the narrow gap between the collar and the dies during striking. The basined fields give extra depth to the central figures and the impeccably preserved orange-gold surfaces are awash in satiny mint luster. Eye appeal is terrific. From a limited mintage of 12,367 pieces, this iconic American issue is prized by numismatists of all collecting disciplines. Population: 23 in 67 (4 in 67+), 3 finer (7/25).
Ex: The Joan Zieg Steinbrenner Collection, Part II / Central States Signature (Heritage, 4/2020), lot 3864.(Registry values: N10218)
From The Alymaya Collection.

Coin Index Numbers: (NGC ID# 26F2, PCGS# 9135, Greysheet# 10131)

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.

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