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1907 $10 Wire Rim MS65 NGC....
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Sold on Mar 7, 2008 for:
$74,750.00
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Description
Gem 1907 Wire Rim, Periods Ten Dollar
One of Only 500 Produced
1907 $10 Wire Rim MS65 NGC. Sculptor Augustus Saint-Gaudens
felt that his monumental striding portrait of Liberty should be
placed only on the United States' largest gold coin, the double
eagle. For the ten dollar gold coin, he accordingly designed a
side-view portrait of a Liberty head, one he modeled after the head
of Victory (Athena Nike) from his General Sherman monument in New
York City. The General Sherman monument was the last large-scale
work that the famed sculptor completed, in 1905, before cancer took
him at the premature age of 59 in August 1907. (In an interesting
side note revealed in Augustus Saint-Gaudens: American Sculptor
of the Gilded Age by Henry Duffy and John Dryfhout, the authors
reveal the little-known fact that James Earle Fraser, future
designer of the Buffalo nickel, worked with Saint-Gaudens both in
Paris and New Hampshire on the Sherman project.)One of the studies for the Nike head, Relief of Victory (1903-7), on display at the Saint-Gaudens National Historic Site and Number 38 in the Duffy-Dryfhout reference, bears much in common with the final ten dollar gold portrait, the main exception being the laurel leaf wreath that encircles the female head. In Saint-Gaudens' transition of the design from Nike to Liberty, President Theodore Roosevelt insisted that the figure bear a feathered headdress such as an Indian chief might wear--an unlikely ornament for either Liberty or a female Native American. The politically savvy Saint-Gaudens nonetheless acquiesced to the president's wishes.
Only 500 pieces of this design were created and all were passed out to various dignitaries, mostly in Washington and Philadelphia. This design epitomizes the noted sculptor's artistic vision for the ten dollar gold denomination, before the tinkering began by the obstructionist mint engraver, Charles Barber.
The surfaces of this piece show the typical brightness seen on all Wire Rim tens. This brightness is created by the fine, swirling die polishing marks seen on each side. Sharply defined for the issue, the coin displays a slight overlay of reddish patina.
At MS65 the present coin is roughly midway in condition among the certified survivors at both services. NGC has certified 27 in this grade, with 26 finer (1/08).(Registry values: N7079)
Coin Index Numbers: (NGC ID# 268B, PCGS# 8850, GSID# 9744)
Metal: 90% Gold, 10% Copper
Weight: 16.72 grams
AGW: 0.48375oz
Mintage: 500
Note for clients in the European Union: This lot is considered by the European Union to be “investment gold”. We believe that it meets the criteria established in Article 344(1), point (2) of Council Directive 2006/112/EC and thus should be exempt from import VAT regardless of the selling price. Any questions or concerns about VAT should be addressed to your accountant or local tax authority.
Auction Info
2008 March Phoenix, AZ (ANA) Signature Auction #1102 (go to Auction Home page)
Auction Dates
March, 2008
6th-7th
Thursday-Friday
Bids + Registered Phone Bidders: 17
Lot Tracking Activity: N/A
Page Views: 2,317
Buyer's Premium per Lot:
15% of the successful bid per lot.
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