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Lot: 4354
Auction: 1116
1907 $20 High Relief, Wire Rim MS64 NGC....
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Sold for: Sign-in or Join (free & quick) (includes BP) Bid Source: Internet
Ended: Sep 18, 2008
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Auction Name: 2008 September Long Beach, CA US Coin Signature Auction #1116
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-4546)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 3 Internet/mail bidders, 430 page views

Description
1907 $20 High Relief, Wire Rim MS64 NGC. Two varieties were created at the time the High Relief Saint-Gaudens double eagles were coined. Known as the Wire Rim and Flat Rim, they actually reflect minor changes in Mint apparatus, rather than actual varieties or even die states.
The first 8,000 or so coins struck all had a wire rim, called a fin within the Mint, that was considered less desirable. The fin was a result of metal squeezed between the edge of the die and the collar. The Flat Rim variety was the result of corrections to the combination of milling and planchet diameter. Approximately 4,000 of the Flat Rim coins were minted. Known almost immediately after the coins first appeared, the debate surrounding the Flat Rim and Wire Rim coins continues to this day.
Dave Bowers writes: "In my opinion the wire rim does not constitute a distinctive variety worth collecting. For some reason, these are listed separately in the Guide Book of United States Coins, and thus a modest demand has arisen for them."
This piece is highly lustrous with frosty light yellow-gold surfaces and excellent design definition. A few faint surface marks are present, but the overall eye appeal is extraordinary. The wire rim is most evident around the obverse, with some slight evidence on the reverse. An exceptional near-Gem, this piece should see strong bidder interest at the sale.
From The Mississippi Collection.
(Registry values: N7079) (#9135) View Entire Collection.


The Coinage of Augustus Saint-Gaudens: as Illustrated by the Phillip H. Morse Collection
By James L. Halperin, Mark Van Winkle, Jon Amato and Gregory J. Rohan
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 the extraordinary collection of Phillip H. Morse. When Morse's collection was sold in November 2005 it brought $19.2 million with many records broken for both rare and common coins.
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Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1118, Lot 2584 Saturday, December 6, 2008 64 NGC $28,750.00
Auction 1110, Lot 2364 Sunday, June 29, 2008 64 NGC $26,450.00
Auction 68111, Lot 61675 Sunday, November 2, 2008 64 PCGS $27,600.00
Auction 1116, Lot 4353 Sunday, September 21, 2008 64 PCGS $32,200.00
Auction 1116, Lot 4352 Sunday, September 21, 2008 64 PCGS $34,500.00
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