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Amazingly Well-Preserved MS67 1907 No Periods Ten

1907 $10 No Periods MS67 NGC. The 1907 No Periods eagle was the third Indian Head type ten struck at the Philadelphia Mint. The first examples were special issues of Saint-Gaudens' original concept and were struck in limited quantities. These pieces, however, had a Wire Rim, which was considered a serious flaw by Mint officials, who realized that it would prevent the coins from stacking properly. After modifications to the rim were made, Charles Barber insisted--almost certainly out of jealousy--that production of these so-called Round Rim pieces be halted so that he could further alter the design. Barber made several minute changes, which included the removal of the periods that bordered the reverse legends.
Collectors familiar with Indian Head eagles know that these first business strikes were probably the best produced of any date in the series. From a mintage of 239,406 pieces, many have survived in high grades. While the population data shows that there are quite a few Gems available, it also reveals that that Superb Gem examples are extremely rare. These pieces are seldom offered at auction, and when they are, they cause a considerable stir. It is amazing that NGC has certified two MS68 examples and PCGS has graded one (2/10). Any collector lucky enough to own a specimen of that quality, however, would surely be reluctant to part with it.
Enticing satiny luster glides across the virtually immaculate surfaces. The surfaces are seemingly perfect, even under magnification. Pleasing yellow-gold patina embraces both sides and complements the powerfully impressed design elements. The 1907 No Periods is a favorite among type collectors because of its status as a first-year issue, its relative availability, and its attractive design. Any collector with deep enough pockets should own an outstanding representative of this issue.(Registry values: N7079) (NGC ID# 28GF, PCGS# 8852)

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Auction Dates
March, 2010
Internet/Mail/Phone Bidders: 4
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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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