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Lot
1699

1907 $10 Wire Rim MS63 PCGS....

2010 February Long Beach, CA Signature US Coin Auction #1137

 
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Auction Ended On: Feb 5, 2010
Item Activity: 15 Internet/mail/phone bidders Number of Bidders
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Location:

Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:
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Attractive 1907 Wire Rim Ten, MS63
1907 $10 Wire Rim MS63 PCGS. It was Theodore Roosevelt who urged Augustus Saint-Gaudens to place a warbonnet on his figure of Liberty that was used on the 1907 ten dollar. Saint-Gaudens also used a slightly modified version of the standing eagle used on Roosevelt's special inaugural medal from 1905. Then the sculptor submitted the so-called Wire Rim variant to the Mint. However, according to Roger Burdette and Jeff Reichenberger in a Coin World article in 2007,

"Chief Engraver Charles Barber decided that the initial version would never be suitable for commerce. The first variety of $10 coin had no properly defined rim, made a wobbly stack when the experimental pieces were piled, and required use of a medal press to bring up the design. To remedy these defects, Barber made a new set of hubs and dies from the same set of models as before. But this time, he cut a well defined rim into the hubs."


The Wire Rim tens have been relegated to pattern status, although neither the Wire Rim nor the Rolled Rim that followed it are technically patterns. Again, quoting Burdette, "... they might be more accurately described as special issues and withdrawn production pieces (or production trials)."
This example has lovely reddish-golden and lilac patina interspersed over each side. The grade seems unduly harsh, with the only (not-so-obvious) hairlines over the figure of the Native American and eagle. The always-seen die polishing lines are plainly evident in the fields. The surfaces are remarkably free from post-striking defects on both obverse and reverse, and the devices are sharply struck.(Registry values: N4719) (NGC ID# 268B, PCGS# 8850)

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The Coinage of Augustus Saint-Gaudens as Illustrated by the Morse and Duckor Collections
Revised Edition by James L. Halperin, Mark R. Borckardt, Mark Van Winkle, Jon Amato, and Gregory J. Rohan, with special contributor David W. Akers

The Coinage of Augustus Saint-Gaudens is an issue-by-issue examination of these two artistically inspired series of gold coins. Each date and mintmark is reviewed with up-to-date information, much of which has never been previously published. The book is based on two extraordinary collections: The Phillip H. Morse collection and the Dr. and Mrs. Steven L. Duckor collection.

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