LOT #2071 |
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1907 $20 High Relief, Flat Rim MS64 PCGS....
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Sold on Jul 31, 2008 for:
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Description
Impressive MS64 1907 High Relief, Flat Rim Twenty
1907 $20 High Relief, Flat Rim MS64 PCGS. Although some believe that most of this first-year issue coin was saved by collectors and the general public, it was not immune to attrition. Dave Bowers explains in his Guide Book of Double Eagle Gold Coins (2004): "After the release of the [1907 High Relief twenties] the coins remained a novelty and rose in value to over $30. However, by the 1920s they were selling for only a dollar or two over face value, and many were placed into circulation. In the early 1930s probably a few thousand were turned in during the great recall of gold coins by the government." Bowers goes on to estimate that more than 5,000 examples exist today, which is less than half of the original mintage of 12,367 pieces.This boldly struck High Relief is impressive in terms of overall quality and eye appeal. A shallow abrasion across Liberty's stomach and a minor toning spot under the eagle's thigh explain the MS64 grade.(Registry values: N7079)
Coin Index Numbers: (NGC ID# 26F2, PCGS# 9136, GSID# 10133)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
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 July-August Baltimore, MD (ANA) US Coin Signature Auction #1114 (go to Auction Home page)
Auction Dates
Jul-Aug, 2008
30th-3rd
Wednesday-Sunday
Bids + Registered Phone Bidders: 11
Lot Tracking Activity: N/A
Page Views: 488
Buyer's Premium per Lot:
15% of the successful bid per lot.
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