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MCMVII (1907) Roman Numeral, High Relief, Wire Rim. Choice Satin Proof

From Stack's January 2006 Auction, Session 3 on Jan 18, 2006

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Categories  •  Stack's January 2006 The Americana Sale U. S. Double Eagles U. S. Saint Gaudens Double Eagles
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MCMVII (1907) Roman Numeral, High Relief, Wire Rim. Choice Satin Proof. One of a tiny number designated...MCMVII (1907) Roman Numeral, High Relief, Wire Rim. Choice Satin Proof. One of a tiny number designated Proof by students of this complex issue, distinguished by a razor-sharp impression of the dies, deepest glowing yellow-gold wholly unlike the color of most High Relief examples known to collectors. The rims are rather broad and surrounded by the delicate fin of extruded metal generally referred to as a wire ''edge.''

This coin's lettered rim is Breen's 2-D, distinguished by bases on the 'M' in UNUM that are not level. This was the era of experimental finishes at the Philadelphia Mint that saw several fascinating surfaces applied to the brand-new Saint Gaudens Double Eagle and Eagle varieties. This Satin Finish shows a tantalizing pattern of microscopic swirls in the fields that are revealed as raised die polish lines when studied under high magnification.

The number of Satin Finish Proofs actually struck is not known with certainty. The late Walter Breen specified only five in his Encyclopedia of U.S. and Colonial Proof Coins, noting that at least three were traceable to Chief Engraver Charles E. Barber through his widow. This coin's rarity, exceptional beauty and historical significance should make it irresistible to determined and quality-conscious collectors of U.S. Gold coinage.

Lot # 3428 Session 3
Hammer Price: $60,000.00

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