LOT #8956 |
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1907 $20 High Relief, Flat Rim MS66 NGC....
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Sold on Nov 5, 2004 for:
$58,650.00
Bid Source: Internet bidder
Description
Gem MS66 Flat Rim MCMVII Double Eagle
1907 $20 High Relief, Flat Rim MS66 NGC. Even though much of the original mintage was saved by collectors, after nearly 100 years most are in the lower to middle Mint State grades, or they show signs of circulation. Some were doubtless carried as pocket pieces. This was the original design essentially unchanged from Augustus Saint-Gaudens work, however, they were very difficult to produce. Each coin required five individual impressions from the coinage press to adequately bring out the design. Although beautiful coins, it was obvious this was not going to work, and the design was finally modified by Charles Barber. Difficulties ensued, and Henry Hering, who was a pupil of Saint-Gaudens, refused to approve the work. Without Hering's approval, Saint-Gaudens' widow would not be paid for his work. Apparently, Hering never did approve the design even though Barber claimed the fault was with Saint-Gaudens' original work. Hering provided evidence that this was not the case, and Mrs. Saint-Gaudens was eventually paid her due, even with the final approval.This spectacular Gem has lovely satin luster with deep greenish yellow-gold color. The surfaces are exceptional in quality with any marks of note. Due to the spectacular preservation of this Gem, the fields show extensive die polish. This is an amazing example, and among the very finest available. Only 11 finer Flat Rim examples have been certified by both PCGS and NGC.(#9136) (Registry values: N10218)
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
2004 November Palm Beach, FL Signature Sale #358 (go to Auction Home page)
Auction Dates
November, 2004
4th-6th
Thursday-Saturday
Bids + Registered Phone Bidders: 5
Lot Tracking Activity: N/A
Page Views: 792
Buyer's Premium per Lot:
15% of the successful bid per lot.
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