Gold Classic being offered at David Lawerence

ccr

If only I had deep pockets I would be tempted. 1907 $20 High Rel. Flat Rim NGC AU58

Gemini

That does look very nice...maybe it was Teddy's pocket piece...

BillJones

I don't want to spoil your fun TOO MUCH, but the 1907 High Relief $20 Gold is not rare, but it's very very popular. That explains the prices. When I wrote a multipart series of articles for my newsletter on the coin, PCGS and NGC had certified over 5,000 of these coins in Mint State.

Don't get me wrong. It's a great coin, and I'm pround to own one for my collection, but if want one, finding it is no problem unless you need it in MS-67 or better. It's just a matter of money.

DavidLawrence

No question the Hi Relief Saint isn't the rarest coin in the world. But neither is the 1909-S VDB and both coins do nothing but:

a) get more popular every year
b) go up in price like blue chip stock used to in the good ol' days

This particular coin has been graded AU58 at both PCGS and NGC and looks like a 62. Just a little rub on the breast or she might even push 63.

Take care!

Blade

John,
Thanks for your post. I am a customer of DLRC and you have great service.

So, based on your comments, would you be willing to guarantee this coin would cross back to PCGS at AU58? Many folks here have registry sets and a HR would be a great addition.

DavidLawrence

Sorry, but I can't make that guarantee. Only PCGS knows what PCGS is going to do and I've often found that the cross-overs aren't always consistent. However, I would be shocked if this coin wouldn't cross back. If someone buys it and wants to pay for the cross-over I would refund their money if the coin failed to cross. Does that make sense?

DavidLawrence

I guess that's the same as a guarantee, now that I think about it....

ccr

I too say thanks for posting John. I didn`t realize how many of these where graded until this post. Those Hi-Reliefs look real nice. I never seen one in person and if the relief is anything like the 1921 Peace, Those 1907 Hi-Reliefs would be amazing!

oreville

<< <i>I never seen one in person and if the relief is anything like the 1921 Peace, Those 1907 Hi-Reliefs would be amazing! >>



Ummmm...it should be he other way around........if the 1921 Peace dollars had the same kind of relief the 1907 Hi-Reliefs had then all of the 1921 Peace dollars would be triple the price of what they are now!!!!!!!!

If you ever saw a 1907 Hi-relief double eagle you would stop calling the 1921 Peace hi-relief.

BillJones

The 1907 High Relief $20 gold is FAR, FAR better than the 1921 Peace Dollar. Even the high relief Proof 1921 and 1922 Peace Dollars are no where near as nice as the High Relief $20 gold.

The mint made special efforts to strike the High Relief $20 gold pieces well. They were struck five times in lots of 1000 coins to reduce the chance that a die pair would break during the multiple strike process. The fear was that if another die or dies was used to strke the coins during one of the impressions that the devices would be doubled. The 1921 Peace Dollars got one shot from the dies, and that was it. Usually the resulting coin was poorly struck at best.

coinut1799

John;
PLEASE don't tell me that you actually spend time reading these threads on Saturday after working long hours all week, running all over the Country to shows and auctions. You need to find a hobby!

DavidLawrence

After coins & family, who has time for a hobby! Selling coins is too much fun to call work, anyway. I do enjoy reading these boards occasionally. I usually only get to it once a month but I'll try more often.

Back to the high relief... Bill taught me something here. I didn't realize that the coins were minted in lots of 1000 pieces but it makes sense since I've never seen anything less than a wonderfully struck high relief of this issue. Many numismatists consider this to be the most beautfiul of all U.S. mint issues and the "ultra high relief" saints are among the holy grail coins.

I still don't understand why PCGS started calling all the 1921 Peace dollars high relief a few years ago. It is true all the 21's are struck with different dies than the other years, however, many coins are not well struck on this date and calling them 'high relief' probably confuses more people than it helps. NGC does not use the designation.