Stack’s Bowers will offer the finest known Ultra High Relief MCMVII (1907) Saint-Gaudens double eagle during The Rarities Auction in May.

The coin is graded Superb Gem Proof 69 by Professional Coin Grading Service. It has a listed opening bid of $2.7 million.

Q. David Bowers, cofounder of Stack’s Bowers, wrote about the coin, and his essay is published on the auction lot’s web page. 

"The MCMVII (1907) Proof Ultra High Relief has been a landmark rarity ever since the day it was coined,” Bowers writes. "Over a long period of years various scholars — ranging from Edgar H. Adams in 1913 to Roger Burdette in recent times — have studied and admired this predecessor to the regular circulation strikes (12,367 examples) minted in High Relief in December 1907 and from the same dies in January 1908."

The Rarities Auction will take place at 2 p.m. ET May 20 in New York City. The auction is begin presented jointly by Stack’s Bowers and Sotheby’s. 

The auction’s lots are available for online viewing and bidding now. In-person lot viewing by appointment begins April 29 at the Stack’s Bowers New York Gallery, 110 W. 57th St.

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