LOT Heritage Rare Coin Galleries  /  2007 Long Beach, CA Sig. Coin Auction #430  / 

5105

1907 $20 High Relief, Flat Rim MS65 PCGS. After produc

Currency:USD Category:Coins & Paper Money / US Coins Start Price:26,000.00 USD Estimated At:1.00 - 1,000,000.00 USD
1907 $20 High Relief, Flat Rim MS65 PCGS. After produc
<B>1907 $20 High Relief, Flat Rim MS65 PCGS.</B></I> After production was halted for adjustments to fix the problem of "fins" on these High Relief pieces, the Flat Rim coins were produced. It is believed that approximately one-third of all High Relief double eagles are the Flat Rim variety, as explained in <I>The Coinage of Augustus Saint-Gaudens,</B></I> by James L. Halperin, Mark Van Winkle, Jon Amato, and Greg Rohan: "After examining hundreds of High Relief twenties, we have observed that Wire Rim pieces don't necessarily have a complete wire rim, and conversely, Flat Rim pieces might show traces of a localized wire rim. It is generally accepted that about 33 percent (the final 4,000 pieces or so) of the High Reliefs minted were of the Flat Rim variety; however, their survival ratio is much lower with probably no more than 20 to 25% of the Flat Rims known today. Another possibility for the lower survival rate of Flat Rim twenties is perhaps the conventional wisdom's estimate is a bit off. It might possibly be that the Flat Rim High Reliefs were simply released later and thus they were less of a novelty."<BR> This example does exhibit traces of a wire rim, particularly on the reverse. The surfaces on both sides are exceptional with satiny yellow-gold brilliance and exceptional strength of strike throughout. A splash of deeper gold color appears along the lower right reverse border of this specimen.<BR><BR><b>Shipping:</b> Coins & Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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