Proof High Reliefs are one of the most divisive issues in U.S. numismatics. Generally opinion falls into either the “yes” or “no” categories with little uncertainty or middle ground allowed by either side. PCGS is in the “no” camp as they do not certify proof High Reliefs, and NGC is in the “yes” camp. Among the determinants for proofs, according to NGC, is a “distinctive texture and satiny luster” according to Scott Schechter, but more specifically it was the use of the collar that was used to strike the Edge 3 Ultra High Reliefs in March-April 1907 and again on December 31 of that year. We believe that a scratch in the left obverse field accounts for the less-than-choice grade and makes this coin more affordable than it otherwise would be. In hand, when tilted slightly under a light, it is lighter than seen in our images. Listed at $24,600 in the NGC price guide.
Offered at $23,000 delivered
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