When did high-waisted (and low-waisted) fonts/lettering first appear?

There's a period charm to typefaces with intentionally high middles of letters like /B/E/F/H/K/S. Sometimes A/P/R join in, or sometimes they instead have intentionally low middles. /M and /W and maybe /N might get in the act too. 

I associate this quirk with Jugendstil (central European Art Nouveau) around the turn of the twentieth century, as in these examples:

But it can be seen in Charles Rennie Macintosh's Arts & Crafts work,and American Arts & Crafts folks like Dard Hunter, and later in proportional games played by Art Deco designers. I also guess that this style was adopted into type from sign-painting and hand-lettering practices. 

Any ventures as to when and where it first came about (in type and/or lettering)? (And when you think it peaked?)