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Lot: 1776
Auction: 1125  
1907 $10 Wire Rim MS65 NGC....
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Ended: May 28, 2009
 
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Description
Spectacular 1907 Indian Head Eagle
Wire Rim, MS65


1907 $10 Wire Rim MS65 NGC. The 1907 Wire Rim coins (here described by NGC as "Wire Edge") are the ten dollar counterpart to the MCMVII Ultra High Relief double eagle coins, in that they are the most faithful representation of Saint-Gaudens' (and Roosevelt's) artistic vision for the denomination. Like the Ultra High Relief, they were completely unsuitable for high-speed coinage production, but were produced to suit President Roosevelt's whims over his "pet crime."
Garrett and Guth say concerning the issue, "The extreme outer rim on this coin rises to a sharp edge. Unfortunately, these coins cannot be stacked more than two or three high before they fall over, making them unsuitable for commercial purposes. In defense of Mint officials, the Wire Rim was only struck to show the design and test its usefulness. They have a curious finish that resembles the satin finish on certain Proofs, and which is quite unlike that seen on the coins produced for circulation in later years."
The later circulation version of the issue, cobbled up by Mint Engraver Charles Barber, features a rounded rim that allowed stacking of the coins, but while the feather ends are strengthened, the central details of Liberty's hair and the eagle are softer.
Although the Ultra High Relief was produced only to the extent of a handful of pieces, the production of the Wire Rim 1907 eagle is recorded at 500 coins--most of which were saved--and today specimens are always available for a price. The present example shows the characteristic bright yellow satiny finish, with full articulation in the central design and considerable evidence of a knifelike wire rim on both sides. A couple of contact marks on the obverse near the rim at 9 o'clock, and one in the reverse right field, appear to limit a finer grade, but this remarkably attractive coin offers plenty of eye appeal. Census: 33 in 65, 31 finer (4/09).(Registry values: N7079) (#8850)

Auction Name: 2009 May Long Beach, CA Signature US Coin Auction #1125
Description: Heritage Numismatic Auctions offers U.S. and World coins, medals, and tokens in our Signature Auctions & Final Session Sales, held in conjunction with some of the largest numismatic conventions. These sales feature award-winning cataloging and photography. Call or e-mail one of our Consignment Directors to learn about selling through Heritage.
Auction Type: Signature: !! Heritage Live: After Internet bidding closes, live bidding will take place through www.HA.com/Live. Your secret maximum bid placed prior to the live event will compete against the live bids. To maximize your chances of winning, enter realistic secret maximum bids on our site. Many of our proxy bidders are successful at winning lots in these auctions, and usually below their secret maximum. You can also place last minute bids directly with us by e-mailing Bid@HA.com or calling 1-866-835-3243. (Important note: Due to software and Internet latency, live bids may not register in time, so enter realistic proxy bids.)

This lot is in:  Signature Floor Session (Live Floor, Live Phone, Mail, Fax, Internet, and Heritage Live) (lots 1-2139)
Internet bidding ends at 10:00PM CT the night before the floor session for this lot. During the live auction event, bidding in person is encouraged, and Heritage Live includes streaming audio and often video during the event.

Item Activity: 4 Internet/mail bidders, 780 page views


The Coinage of Augustus Saint-Gaudens: as Illustrated by the Phillip H. Morse Collection
By James L. Halperin, Mark Van Winkle, Jon Amato and Gregory J. Rohan
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 the extraordinary collection of Phillip H. Morse. When Morse's collection was sold in November 2005 it brought $19.2 million with many records broken for both rare and common coins.
Order Now! Just $75


Previous Prices from Heritage Auctions
Lot Date Grade Service Realized
Auction 1102, Lot 1599 Friday, March 7, 2008 65 NGC $74,750.00
Auction 1126, Lot 3142 Tuesday, March 31, 2009 65 PCGS $69,000.00
Auction 1116, Lot 3958 Sunday, September 21, 2008 65 PCGS $80,500.00
Auction 1110, Lot 2198 Sunday, June 29, 2008 65 PCGS $74,750.00
Auction 320, Lot 8398 Wednesday, July 21, 2004 65 PCGS $43,700.00
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PLEASE NOTE: All prices realized reflect the final hammer price PLUS the buyer's premium in auctions that charge a buyer's premium. Each item has a notation at the top of the listing indicating whether that lot included a buyer's premium. Example: A item that sells with a final hammer price of $100 and a 15% buyer's premium will display with a price realized of $115. All information listed is intended to be as accurate as possible, but errors are possible. Please use this guide carefully and inform us of any inaccuracies.

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