Impeccably Preserved Satin Proof 1907 High Relief Twenty, PR 67 NGC

    1907 $20 High Relief PR 67 NGC. Incredibly, we offer a second representative of this rare and awe-inspiring 20th century proof gold issue. These impressive coins were produced on the Philadelphia Mint's medal press, each piece requiring six or seven blows from the dies as opposed to five for the business strikes. The numerous swirling and horizontal striae that are present in the fields of all known examples indicate that the dies were extensively polished before striking. Chief Engraver Charles E. Barber asserted that only five proof 1907 High Relief double eagles were produced, but Breen (1977, 1988) proved that Barber alone owned six specimens. In his book A Handbook of 20th Century United States Gold Coins: 1907-1933, Akers placed the mintage figure of this proof issue between 20 and 25 coins. Neither author ventures an estimate on the number of pieces extant.
    Simply put, this Superb Gem is one of the most appealing Saint-Gaudens double eagles available to today's collectors. Both sides display broad, flat borders with inner and outer edges that are much sharper than those on business strikes. In addition, the berries on the olive branch, the pillars in the Capitol building, and the eagle's tail feathers display an exactness of strike that could only be the result of proof production methods. Like the PR 64 specimen that we are offering in the previous lot, this coin is an example of Breen variety 2-D, Collar II. The surfaces are free of even the most trivial blemish, and the color is a soft, orange-gold shade with tinges of olive undertones that are evident at certain angles. Our offering of two satin proof High Relief double eagles, one of which is this stellar Superb Gem representative, underscores the importance of this sale for advanced gold collectors.
    We last offered a PR 66 NGC representative of the 1907 High Relief double eagle as lot 7328 in our November 2000 Santa Clara Signature Sale. That coin realized $49,450. (NGC ID# 28AX, PCGS# 9132)

    Weight: 33.44 grams

    Metal: 90% Gold, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

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    Auction Info

    Auction Dates
    January, 2001
    4th-6th Thursday-Saturday
    Bids + Registered Phone Bidders: 8
    Lot Tracking Activity: N/A
    Page Views: 446
    The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
    Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

    The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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