LOT #3354 |
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1907 $20 High Relief, Wire Rim MS66 NGC....
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Sold on Jan 10, 2008 for:
$103,500.00
Bid Source: Internet bidder
Description
Splendid 1907 High Relief, Wire Rim Twenty MS66
1907 $20 High Relief, Wire Rim MS66 NGC. Executing the
design for what would later be termed "the most beautiful coin ever
struck for circulation" was among the final activities of Augustus
Saint-Gaudens. Sadly, the great artist and sculptor died before any
of the double eagle coins of his magnificent conception were ever
released to the public. This was the culmination of a two-year
project initiated in 1905, when Saint-Gaudens and President
Theodore Roosevelt discussed the artistic impoverishment of
American designs, and instituted a plan to upgrade the appearance
of our national coinage. Ultimately, the two men hoped to produce
coinage with sufficient aesthetic merit to compete, artistically,
with the beautiful high relief pieces of ancient Greece.The initial Ultra High Relief design of Saint-Gaudens was produced to the extent of fewer than two dozen or so examples. These coins were distributed to important individuals in the government, including Theodore Roosevelt himself, and Chief Engraver Charles Barber reportedly owned eight specimens by 1916 (according to Roger Burdette). Since these Ultra High Relief pieces could not be produced with a single strike from the dies, they were considered impractical for regular coinage, as Roosevelt and Saint-Gaudens were eventually forced to concede. The High Relief coins represented a transitional step between the Ultra High Relief design and the Arabic Numerals version, which featured a further-lowered design relief that became the standard for the series after 1907.
This conditionally scarce, high grade example displays smooth, virtually untouched surfaces that include matte-like fields and a lovely, shimmering, satin finish over both sides. The design elements are crisply produced, and the overall visual impression of the coin is entirely consistent with the lofty Premium Gem grade assessment by NGC. Census: 26 in 66, 8 finer (12/07). (Registry values: N10218)
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.
Auction Info
2008 January Orlando, FL (FUN) Signature Coin Auction #454 (go to Auction Home page)
Auction Dates
January, 2008
9th-12th
Wednesday-Saturday
Bids + Registered Phone Bidders: 13
Lot Tracking Activity: N/A
Page Views: 1,348
Buyer's Premium per Lot:
15% of the successful bid per lot.
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