NGC-certified 1907 High Relief Double Eagle Soars to $660,000 at Heritage Sale
Posted on 9/28/2020
An exceptional 1907 High Relief Double Eagle certified by Numismatic Guaranty Corporation® (NGC®) realized $660,000 in the Heritage US Coins Signature Auction held from September 18-20, 2020. Several other NGC-certified coins realized six figures, demonstrating the robust demand for high-quality, vintage US coins graded by NGC.
The top lot was a magnificent 1907 High Relief Wire Rim $20 graded NGC PF 69. It is pedigreed to the NGC-certified Tacasyl Collection, an impressive group of 27 vintage US gold coins that realized over $10 million in a 2013 sale. Since that auction, this particular coin had been off the market.
|1907 High Relief Wire Rim Saint-Gaudens Double Eagle graded NGC PF 69 and pedigreed to the Tacasyl Collection. Realized: $660,000 Click images to enlarge|
NGC has graded more than 1 million Saint-Gaudens Double Eagles, and this is one of only four in the NGC Census (across all strikes and dates) that earned a grade this high. It comes from the inaugural year of the series, whose design is regarded by many as the most beautiful in American coinage.
Another high-grade gold coin from more than a century earlier realized $288,000. A 1795 13 Leaves Eagle graded NGC MS 64 is among the highest-graded of this issue. As an example of the BD-1 variety, it is among the first $10 gold coins struck by the US Mint.
“Collectors are willing to pay significant sums for high-grade, NGC-certified vintage US coins, as evidenced by the results of this sale,” said Mark Salzberg, NGC Chairman and Grading Finalizer. “NGC certification gives bidders confidence, especially when they are pursuing top-tier coins like these.”
“This was an exciting sale, with numerous coins of extraordinary caliber,” said Jim Halperin, Co-Chairman of Heritage Auctions. “Quality coins graded by NGC consistently achieve excellent results in our sales.”
Other NGC-certified highlights in the sale included:
- a 1795 Draped Bust Silver Dollar graded NGC MS 64 that realized $186,000
- a 1907 High Relief $20 graded NGC PF 67 that realized $132,000
- a 1915-S Panama-Pacific Octagonal $50 graded NGC MS 64 that realized $126,000
- a 1915-S Panama-Pacific Round $50 graded NGC MS 64 that realized $105,000
- an 1829 Large Size $5 BD-1 graded NGC AU Details that realized $93,000
- an 1829 $2.50 BD-1 graded NGC MS 65 that realized $84,000
All prices realized include buyer’s premium and are expressed in US dollars.
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