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1908 $10 Motto PR66 NGC....

Lot: 2664, Auction: 2008 February Long Beach, CA Signature Coin Auction #460

Sold for: $54,625.00 (includes BP )
Bid Source: Internet
Ended: Feb 14, 2008
Item Activity: 7 Internet/mail bidders
936 page views

Description:

Nearly Flawless PR66 1908 Ten Dollar

1908 $10 Motto PR66 NGC. The matte proofing process had been used in England and France for several years prior its use on regular coinage in the United States. The U.S. Mint had some experience with the process on medals struck in the late 19th century. By 1908, Mint officials were ready to convert gold coinage to the new finish. The 1908 tens had a relatively high production with 116 coins struck. Traditional sources state that somewhere between two and three dozen pieces exist today. However, we believe that somewhere between 40 and 55 pieces are believed to exist today as recognizable proof strikings. Of the proof tens struck in this year, all but two have the distinctive dark finish this issue is known for, somewhere between a khaki and olive color. Widespread distribution among non-collectors caused many of the surviving proofs of this date to be impaired, showing nicks, scratches, or shiny spots.
This is a splendid example with the usual coarse-grain finish. Intricately detailed, as one would expect on a proof. Prior to third-party grading, this sharpness of detail was one of the hallmarks of matte and Roman Finish proofs for collectors and dealers who had not seen enough of this style proof to easily distinguish it from a business strike. This was especially true of the Roman Finish coins. Close scrutiny with a loupe suggests an even higher grade because of the technical preservation and outstanding eye appeal on this piece. Census: 17 in 66, 11 finer (1/08).
From The Southwest Collection.(Registry values: N7079) (#8890)

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Shipping Description: Coins & Currency (view shipping information)

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.

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Guides and Pricing Information:


Previous Prices from Heritage Auctions

Lot Date Grade Service Realized
Auction 349, Lot 6349 Saturday, June 5, 2004 66 NGC $37,375.00
Auction 422, Lot 3695 Saturday, January 6, 2007 66 PCGS $63,250.00
View prices realized from this item in other grades (you must be signed in)
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. 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.

Price Guide*

Grade Coin World
(Coin Values)
Numismedia
Retail
Numismedia
Wholesale
Numismedia
NGC (nmn)
Numismedia
PCGS (nmp)
PCGS
Price Guide
65 $57,500 $56,880 $45,500 $40,500 $41,500 $60,000
66 --- $73,450 $56,500 $52,500 $52,500 $80,000
67 --- $98,150 $75,500 $68,500 $68,500 $115,000
*All information listed is intended to be as accurate as possible, but errors are possible. No item may be returned or refused based on this information which is provided as a service to our customers. You should contact each pricing source directly to determine the accuracy of this information.

Population Guide

Service Grade Population in this Grade Population of Higher Grade Population in All Grades Mintage Engraver
PCGS 66 8* 0* 35 116 Augustus Saint-Gaudens
NGC 66 15 13 64
*This information is provided and owned by PCGS. Its display and use are subject to the licensed agreement between PCGS and Heritage Auction Galleries.

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