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Heritage World Coin Auctions
CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4365

Estimate: 1 USD
Price realized: 20 000 USD
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High Relief Double Eagles
1907 $20 High Relief, Wire Rim MS64 PCGS. It is little wonder that Mint personnel, and Charles Barber specifically, was resistant to striking coinage in high relief. Production began in August and September 1907 as a slow and tedious process, and in those early months 500 High Reliefs required 105 hours to produce (or about 12 minutes each). As Mint personnel gained experience, productivity increased. By late November approximately 480 coins were turned out daily. Use of the segmented collar was changed and the "fin" all but eliminated, and by the end of December 995 coins were struck in a single day. Nevertheless, the hand-made process was time-consuming, and at the end of the production run only 12,367 High Reliefs had been struck. They were an immediate hit with collectors, who paid a premium for an example whenever they were offered. This particular piece is especially well-preserved. The even reddish-golden surfaces glow with underlying mint frost. There are no noticeable or mentionable contact marks on either side and the strike, of course, is fully brought up in all areas.

HID02901242017
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