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Description

Phenomenal First-Year 1907 No Motto Eagle, MS67

1907 $10 No Periods MS67 PCGS. Although Saint-Gaudens second masterwork, like his first, was "finished," and not necessarily for the better, by Mint Engraver Charles Barber, even after the ten dollar gold denomination with the new design made its debut in 1907, the design tinkering was unfinished. Congress in its great wisdom--and against the express disapproval of President Roosevelt, who viewed references to God on coinage as "blasphemous"--insisted that the motto IN GOD WE TRUST be replaced on coinage. The motto had resided on larger U.S. coins since the 1860s, but had been omitted during the redesign.
Fortunately for the legions of first-year-of-type collectors, the generous mintage, amounting to nearly a quarter-million coins, along with good production standards for new coinage, has led to the survival of some remarkable examples. Garrett and Guth note that the Smithsonian Institution example is an incredible MS69 piece, one plated in their 2006 reference.
This is simply an extraordinary coin by any measure of aesthetic quality as it relates to coins, whether in terms of luster, strike, color, surfaces, or eye appeal. Thick cartwheel luster endows both sides. The impeccable strike has raised the most delicate details on the headdress and the eagle's plumage. The color is a wonderful, variegated orange-gold and greenish-gold. The surfaces, under a loupe, fail to reveal the most abstruse distraction. And finally, the combination of all of those criteria produces that most elusive and indefinable quality, eye appeal, in spades. This piece is one of only five examples of the issue certified in MS67 at PCGS, and there is a single MS68 certified finer (6/08).
For the entire No Motto type, PCGS has certified nine pieces in MS67, with the single aforementioned 1907 No Motto in MS68 finer.(Registry values: N7079) (NGC ID# 28GF, PCGS# 8852)

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Auction Dates
Jul-Aug, 2008
30th-3rd
Internet/Mail/Phone Bidders: 5
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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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