LOT #5155 |
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1907 $20 High Relief, Wire Rim MS65 PCGS....
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Sold on Jun 3, 2011 for:
$43,125.00
Bid Source: Internet bidder
Description
1907 Wire Rim Twenty
A Fabulous, Satin-Surfaced Gem
1907 $20 High Relief, Wire Rim MS65 PCGS. In 1903 after
Augustus Saint-Gaudens completed the Sherman group, located at the
entrance to Central Park, he received many congratulatory notes and
positive reviews in the press. He also received congratulations
from President Roosevelt who stated, "Your Sherman is the greatest
statue of a commander in existence." The president's praise of the
Sherman presaged the national role he would soon ask Saint-Gaudens
to play with the redesign of the ten and twenty dollar gold coins.
After Roosevelt tapped the famous sculptor to help with the
redesign, the results cannot actually be considered a finished
product. One wouldn't expect a finished product from The Saint in
"only" two years. Both the ten and twenty dollar went through three
redesigns. The initial designs of each were impractical for a
circulating coin, modifications were made to each, and a final
severe modification was made by chief engraver Charles Barber to
make the modified models suitable for single-striking by a steam
press. The High Relief followed the highly impractical Ultra High
Relief twenties. However, in November and December of 1907 11,250
examples had been struck of the High Relief. This is a highly
attractive example that displays rich, satiny mint luster and a
tinge of reddish patina on each side. Close examination shows a
couple of contact marks, but these are not really apparent even
after the viewer has located them with a loupe. The striking
details are fully brought up on each side with full separation
between the upper reverse rim and the lettering below.(Registry values: N7079)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
2011 June Long Beach Signature US Coin Auction #1156 (go to Auction Home page)
Auction Dates
June, 2011
2nd-5th
Thursday-Sunday
Bids + Registered Phone Bidders: 16
Lot Tracking Activity: N/A
Page Views: 1,522
Buyer's Premium per Lot:
15% of the successful bid per lot.
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