Coins can be more than just money; they can tell stories, represent history, and even be worth millions! One fascinating example is the 1907 Extremely High Relief Double Eagle coin. Let’s explore why this coin is so special, its incredible design, and how it became one of the most valuable coins in the world.
What is the 1907 Extremely High Relief Double Eagle Coin?
The 1907 Extremely High Relief Double Eagle coin is a $20 gold coin created by the U.S. Mint. It was designed by Augustus Saint-Gaudens, one of America’s most famous sculptors, and it features breathtaking artistry that collectors adore.
This coin was part of President Theodore Roosevelt’s efforts to improve the appearance of U.S. currency, aiming to make coins resemble classical works of art.
Design Features of the Coin
Front Side (Obverse)
- Lady Liberty: The coin shows Lady Liberty holding a torch in one hand and an olive branch in the other, symbolizing enlightenment and peace.
- Background: Radiating sunbeams and the U.S. Capitol building in the distance make the design stand out.
Back Side (Reverse)
- Flying Eagle: The reverse depicts a majestic eagle flying with the rising sun beneath it.
- Text Details: The words “United States of America” and “Twenty Dollars” are engraved prominently.
Why is This Coin So Valuable?
1. High Relief Design
The “high relief” feature means the design rises significantly above the coin’s surface, creating a sculptural look. However, this also made the coins hard to produce, limiting their number.
2. Limited Production
Only about 12,000 coins were minted, making it extremely rare.
3. Historical Significance
As part of Roosevelt’s effort to make coins more artistic, it represents a pivotal moment in U.S. numismatic history.
4. Collector Demand
Collectors value its beauty and rarity, pushing its price to over $3.6 million at auctions.
Comparison Table: Regular vs. High Relief Double Eagles
| Feature | Regular Double Eagle | High Relief Double Eagle |
|---|---|---|
| Design Depth | Low relief | High relief |
| Year Introduced | Various | 1907 |
| Production Quantity | High | Low |
| Value Range | $2,000 – $50,000 | Over $3.6 million |
| Collector Popularity | Moderate | Extremely high |
How to Spot an Authentic 1907 High Relief Double Eagle Coin
1. Detailed Design
Look for intricate details in Lady Liberty’s gown and the eagle’s feathers.
2. Edge Lettering
Authentic coins have “E Pluribus Unum” engraved along the edge.
3. Professional Appraisal
Always consult an expert or use third-party grading services like PCGS or NGC to verify authenticity.
Conclusion
The 1907 Extremely High Relief Double Eagle coin is more than just a piece of currency; it’s a masterpiece of art, history, and craftsmanship. With its stunning design, rarity, and historical value, it’s no surprise that this coin is cherished by collectors and worth millions of dollars. If you’re lucky enough to come across one, you’ll be holding a piece of American history in your hands!
FAQs
1. How much is a 1907 High Relief Double Eagle coin worth?
The coin’s value can exceed $3.6 million, depending on its condition and grading.
2. Why was the high relief design discontinued?
The design was hard to produce, requiring multiple strikes for each coin, which slowed down production.
3. What materials are used in the coin?
The coin is made of 90% gold and 10% copper, weighing about 33.4 grams.
4. Are there fakes of this coin?
Yes, replicas and counterfeits exist. Always verify with professional appraisers.
5. Can I buy this coin today?
It’s rare, but you might find it at high-profile auctions or specialized coin dealers.