MCMVII (1907) Saint-Gaudens Double Eagle. High Relief. Wire Rim. MS-61 (PCGS). This handsome piece displays warm honey-gold patina, with blushes of pale pinkish-rose iridescence on both sides. The strike is sharp and has expertly imparted the bold high relief detail that makes this issue so desirable among advanced collectors. Quite attractive for the assigned grade with a pleasing satin to softly frosted texture. In 1905 and 1906, Augustus Saint-Gaudens prepared sketches and models, including for the cent, $10 and $20. However, he was in failing health, and by the time he passed away on August 3, 1907, his work was unfinished. The cent never went beyond the concept stage, but the Indian Head $10 and the High Relief $20 were essentially done, with finishing details provided by Saint-Gaudens assistant, Henry Hering.<p>Fortunately for numismatists today, the MCMVII High Relief was a sensation when examples were first released to the public in December 1907. Bank tellers and others saved all they could find, and soon they sold at a premium, $25 and then $30. Years later, as the passion faded, many were turned in and spent, including in the 1930s when the government called in all gold coins. Today, Mint State examples in all grades are eagerly sought; the inclusion of such a coin is sufficient to confirm the significance of any numismatic cabinet. From the Monterrey Collection. From the Monterrey Collection.
