1907 UHR Gold Coin Realizes $4.75M in Transaction Between GreatCollections and Heritage Auctions

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One of America’s greatest coins, the 1907 Saint-Gaudens Ultra High Relief, has changed hands for a record $4.75 million in a private transaction between GreatCollections Coin Auctions of Irvine, Calif., and Heritage Auctions of Dallas, Texas.

1907 Saint-Gaudens Ultra High Relief PCGS Proof-68 CAC
1907 Saint-Gaudens Ultra High Relief PCGS Proof-68 CAC

The 1907 Saint-Gaudens Ultra High Relief PCGS Proof-68 CAC is among the finest examples known, and last appeared in a 2007 Heritage auction where it realized $1.84 million.

"After our display of the legendary 1933 Saint-Gaudens at the ANA in August, we had been searching for a superb Ultra High Relief for the same owner as the 1933 Saint. Twenty years ago, he set his goal to own both of these coins and today he realized his dream," said Ian Russell, president of GreatCollections, after purchasing the coin from Heritage.

The coin was owned by Bob R. Simpson, founder of XTO Energy and an owner of the Texas Rangers, who purchased it in 2007 for $1.84 million. Prior to Mr. Simpson’s ownership, its pedigree includes the famed J.F. Bell and Col. E.H.R. Green collections.

"The Ultra High Relief is truly one of the most impressive rarities in numismatics, with most examples residing in the cabinets of long-term collectors. We are grateful to Mr. Simpson for giving us the opportunity to handle this treasure via private treaty, and to Ian for the seamless transaction," said Todd Imhof, Executive Vice President at Heritage.

The Ultra High Relief issue was never available to the general public or even to numismatists at the time, and nearly all known examples can be traced back directly to President Theodore Roosevelt or Chief Engraver Charles Barber. President Roosevelt had a vision in 1905 to create iconic coinage for the United States, and he enlisted Augustus Saint-Gaudens, a renowned sculptor.

Less than 20 of the Ultra High Relief, or Extremely High Relief, were minted and it is estimated just 13-15 exist today. Aside from the Ultra High Relief, a High Relief version was also issued in 1907, which is very popular among collectors and routinely sells for $20,000-40,000 in low- to mid-uncirculated grades. A regular low relief issue was then used on all Double Eagles ($20 Gold Pieces) from 1907 until 1933.

2021 has been a record year of sales at both Heritage Auctions and GreatCollections, with increased demand for almost all areas of numismatics and other collectibles. 

GreatCollections was also the winning bidder for the two most valuable coins in Heritage’s August ANA auction: the 1794 Silver Dollar graded PCGS MS-66+ CAC, which realized $6.6 million, and the finest of two known 1861 Paquet Gold Double Eagles, which realized $7.2 million — both all-time records, and in the top 10 auction prices for rare coins.

About GreatCollections

GreatCollections Coin Auctions is a specialist auction house for certified coins and banknotes, handling transactions from start to finish. Since its founding in 2010, GreatCollections has successfully auctioned over 970,000 certified coins, making it one of the leading certified coin companies in the United States with total sales in 2021 expected to exceed $225 million. Ian Russell, owner/president of GreatCollections, is a member of the prestigious Professional Numismatists Guild and member of the National Auctioneers Association. For more information about GreatCollections, visit www.greatcollections.com or call 800-442-6467.

About Heritage

Heritage Auctions is the largest numismatic, fine art and collectibles auction house founded in the United States, and the world’s largest collectibles auctioneer, with 1,500,000 registered bidder-members and annual auction sales exceeding $1 billion (plus additional private sales excluding bullion of over $350 million). Heritage maintains offices in New York, Dallas, Beverly Hills, Chicago, Palm Beach, London, Paris, Geneva, Amsterdam and Hong Kong. For more information, visit HA.com or contact us at 1-800-872-6467.

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SENZA

I was just notified and verified Morgans with O privy now available at US Mint for $85 I’ll post image later hope this helps someone

SENZA

The Morgan O sold out after about 30 minutes and the D is now available

SENZA

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The US Mint always finds new ways to screw up – I would imagine dealer – flipper – scammers might grab these for Caffeine Mike but the average Joe is tapped out for Christmas – Yet as we know this can only be happening because dealers are allowed to return coins they can’t flip even after 7 days because they are the inside scammers with all the special privileges

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Last edited 6 months ago by SENZA
Rich

The D is now also gone (sold out) about 1 minute after the above update. They went fast. Hope some of those here expressing a desire to obtain one of the O and/or D Morgans were able to do so during the today’s short window of opportunity.

Rich

Nice touch, Sir Kaiser! And a very Merry Christmas and Happy New Year to you!!

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SENZA

Another sham transaction that really didn’t happen and there are no longer any rules but every coin is perfect and write anything on the slab ticket that will sell the coin – end-of-times like corruption and total lake of morality in this industry

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