1907 High Relief $20

Discussion in 'US Coins Forum' started by LostDutchman, Dec 20, 2014.

  1. imrich

    imrich Supporter! Supporter

    To minimize the offense to PCGS advocates, I'll politely suggest it's another "Gimmick". I believe it's just a standard "business strike" MS61-MS65 1907 Double Eagle, that someone has gotten to have a special slab produced. A 1907 MS61 graded PCGS double eagle, from my experience would probably definitely be a "Rough Rider"

    You'll note there aren't any prices that I could see in the advertisement for the MS65 coin.

    If you want to waste money, I suggest you purchase this coin:
    http://www.ebay.com/itm/1907-Saint-...148805759?hash=item41b1611c7f:g:cuMAAOSwPcVVu

    JMHO
     
    GoldFinger1969 and Paul M. like this.
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  3. Daniel Lowery

    Daniel Lowery Active Member

    Thank you. So a St gaudens is a St gaudens. What I paid was $1800 for PCGS MS62 coin, WITH A STORY. Of well, about $300 over market. Yikes.
     
    GoldFinger1969 likes this.
  4. imrich

    imrich Supporter! Supporter

    In fairness to you, I believe it should be shown that in the 1st year of the St. Gaudens production, there were multiple versions of the coin produced, some as Hi Relief wire rim, flat rim. without motto, etc., all with relatively (i.e. to future strikes) limited production. All versions generally command a "premium".

    The following link shows a PCGS MS61 version of a 1907
    "business strike":
    http://www.ebay.com/itm/1907-20-St-...612524?hash=item2113c536ec:g:p1IAAOSw-YVXlnbj
    I believe you'll find it contains multiple nicks, gouges, and multiple scratches which were sworn by PCGS in the PCI legal action court proceedings to be unacceptable criteria for a grade. This "rough" coin is being offered at an approximate $1700 price.

    Your $1800 purchase price of a higher grade/condition with new unique slab may constitute reasonable/great value, considering the absolute amount of these coins which can/will be produced.

    JMHO
     
    Last edited: Sep 1, 2016
  5. Daniel Lowery

    Daniel Lowery Active Member

    My lucky day finding you. Appreciate the knowledge. I am a novice. I've been at collecting for 2 years, and started with Morgans. I found Peace dollars quickly follow, then the gold coins found their way into my safe. Now I have 100s of old us coins of lower value beyond the silver and gold.

    It funny, but the one coin I am most fascinated with is a civil war large penny with two holes crudely drilled through it. Research leads me to believe it was used as a button.

    Again, thank you and I may contact you again.

    Dan
     
    GoldFinger1969 likes this.
  6. Dancing Fire

    Dancing Fire Junior Member

    Here is my MS64 coin. IMO it is correctly graded. IMG_3883.JPG IMG_3890.JPG IMG_3885.JPG
     
  7. Treashunt

    Treashunt The Other Frank

  8. Daniel Lowery

    Daniel Lowery Active Member

  9. -jeffB

    -jeffB Greshams LEO Supporter

    Very nice. Maybe someday... nah, I don't think I'll ever move in those circles. Doesn't mean I can't appreciate the view, though. :)
     
  10. GoldFinger1969

    GoldFinger1969 Well-Known Member

    I think these are just a recent "find" in a specially-designed holder. MS61-65....bullion spot price plus 10-40% or so, depending on the grade.

    Coins are basically a basic 1907 with Arabic numerals.

    Am I missing anything ?
     
  11. GoldFinger1969

    GoldFinger1969 Well-Known Member

    The pics weren't totally clear but it did NOT look like there was wear on the Liberty or Eagle high points.
     
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