LOT #2331 |
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1907 $20 High Relief, Wire Rim MS63 PCGS....
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Sold on Apr 29, 2010 for:
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Description
Wire Rim 1907 High Relief Twenty, MS63
Pristine Satiny Surfaces
1907 $20 High Relief, Wire Rim MS63 PCGS. The 1907 High
Relief double eagles have held a special place in many collections,
including some of the greatest ever assembled. It has been said,
for example, that the actor and coin collector Adolphe Menjou
(Kosoff, 1950) possessed a particular affinity for the issue. These
pieces, with a mintage of just 12,367 coins, have been desirable
from the moment they were issued. Roger Burdette (2006) reports
that "by March 1908 the coins the coins commanded a $15 premium and
were in great demand for their speculative potential."Although their popularity waned momentarily in the early 1920s, by the end of the decade prices were once again on the rise and have continued to climb ever since. In A Guide Book of Double Eagle Gold Coins, Bowers (2004) writes, "The MCMVII High Relief double eagle has been on the 'must have' list of many collectors, even those who are not interested in gold coins. And, of course, this one-year issue is an essential requirement for the completion of a type set of United States coins."
He comments, "The MCMVII High Relief double eagle is a coin that everybody loves. Time and again it has taken first place or has finished near the top of numismatic surveys as to what is America's most beautiful design." These pieces are probably unique in the history of American numismatics, in that they have received virtually universal praise from the moment they were issued. They have a timeless quality that has caused them to be immensely popular for over century and will continue to make them highly desirable for many years to come.
This Wire Rim example has muted, satiny surfaces that show just a tinge of the often-seen reddish color. Close examination is required to see any of the tiny contact marks on either side.
From The Carter Family Collection.(Registry values: N4719)
Coin Index Numbers: (NGC ID# 26F2, PCGS# 9135, GSID# 10131)
Metal: 90% Gold, 10% Copper
Weight: 33.44 grams
AGW: 0.9675oz
Mintage: 12,367
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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Auction Info
2010 April-May Milwaukee, WI CSNS US Coin Auction #1139 (go to Auction Home page)
Auction Dates
Apr-May, 2010
28th-2nd
Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 1,053
Buyer's Premium per Lot:
15% of the successful bid per lot.
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