1907 $20 High Relief, Wire Edge MS(PCGS#9135)

March 2018 Baltimore U.S. Coins Auction

拍卖行

Stack's Bowers

批号

2360

等级

MS66+

价格

436,978

详细说明

Magnificent High Relief MCMVII (1907) Saint-Gaudens $20 Wire Rim Variant MCMVII (1907) Saint-Gaudens Double Eagle. High Relief. Wire Rim. MS-66+ (PCGS). An essentially pristine example of one of the most legendary issues in U.S. numismatics, this piece offers dense satiny luster across each side. The strike is delightfully rendered, with Liberty's portrait and the eagle fully pronounced and intricate. Only the most microscopic ticks are apparent under magnification, leaving the complexion fully composed and smooth to the naked eye. Expertly preserved and impossibly beautiful, this piece is captivating to behold. The 1907 High Relief Saint-Gaudens double eagle is widely considered to be the high water mark in American numismatic artistry. Never a man to shrink from a challenge or get bogged down in bureaucratic red tape, President Theodore Roosevelt engaged sculptor Augustus Saint-Gaudens to replace what Roosevelt referred to as the "atrocious hideousness" of the coin designs then in use. He and Saint-Gaudens bypassed Chief Engraver Charles E. Barber, numerous committees, and Congress to create some of the most inspired coin designs in America's history. The obverse was modelled after Saint-Gaudens' Winged Nike figure on the General William Tecumseh Sherman Memorial in New York City's Central Park and is paired with an elegant, if not entirely realistic rendition of a flying eagle on the reverse. In order to bring up the three dimensional nature of the design, each coin required at a minimum three to five strikes as well as inspection after each impression. As a result, only 12,367 coins were struck for circulation in the High Relief format. Of those, at least two-thirds are of the Wire Rim variety. The Wire Rim was actually not intended as part of the overall design but rather was an artifact of the striking process. During striking, if the collar was not sufficiently tightened, metal would be pushed to where the coin's edge and collar meet. Even the slightest misalignment of the obverse and reverse dies would force metal into the gap, forming the fin (as the Mint referred to this feature). A second collar was employed that largely eliminated the Wire Rim, but the slow nature of the minting process eventually necessitated a reworking of the entire design to reduce the relief. The present piece represents one of the finest survivors of the Saint-Gaudens design as it exists before being crippled for mass production. It is truly a treasure of numismatics and U.S. history. It is the only piece at the current grade on the PCGS Population Report, and just 24 coins rank finer. For connoisseurs of the most incredible treasures of the 20th Century, this piece is irresistible. PCGS Population: 1; 24 finer through MS-69. PCGS# 9135. NGC ID: 26F2. Click here for certification details from PCGS.