1907 $10 Rolled Rim MS67 PCGS. This was the second version of the Saint-Gaudens ten dollar design produced in 1907. After p...
Bid InformationFor your convenience, the bid information on this page automatically refreshes with the most up to date data so you don't have to refresh/reload this page.
Minimum Next BidBid increments determine the lowest amount you may bid on a particular lot. Normally, bids must be at least one bidding increment over the Current Bid. However, podium, fax, phone and mail bidders submit bids at various times without knowing the current bid and must be on-increment or at a half increment (called a Cut Bid). Any podium, fax, phone, or mail bids that do not conform to a full or half increment will be rounded up or down to the nearest full or half increment.
Internet bids are required only to bid the increment past the Current Bid, or more. Internet bids greater than one increment over the Current Bid can be any whole dollar amount.
It is possible under several circumstances for winning bids to be between increments. It is also possible for an existing bid to be outbid by less than a full increment, sometimes by only $1. This usually happens when two bidders feel that a lot is worth about the same amount, but one places an off-increment bid. Generally when this happens, the Current Bid was much lower than the high secret maximum bid when the off-increment bidder placed his bid.
For example: On Tuesday, you bid $1500 against Bidder A's Maximum Bid of $1000, raising Current Bid to $1100. Then on Thursday, Bidder B, seeing a Current Bid of $1100, guesses the final price and decides to bid $1501, outbidding your Maximum Bid by $1. You would now have to bid $1600 through Heritage Internet bidding or $1550 on Heritage Live (if available for the auction) to possibly win that lot. Next time, maybe you'll bid $1502 and outbid Bidder B by $1!
Number of BiddersThis number represents the number of individual bidders prior to the close of Internet bidding on each lot. An individual who bids more than once is still counted only once. During the live session, only the winning bidder is included in this number, although detailed records are kept of all forms of bids.
Reserve (If Any) Not Posted Yet:
Although many lots will not get reserves, this signifies that we have not yet posted any reserves to this entire auction. Reserves are usually posted approximately 3 days prior to the closing for Internet-only auctions, and approximately 7 days prior to the live session for Signature auctions. At that point, any unmet Reserve will become both the price shown (with an asterisk) and the Minimum Next Bid, regardless of any previous bids.
Consignor Has Not Yet Submitted a Reserve:
Although the consignor's agreement allows a reserve on this lot, the deadline for submitting such a reserve has elapsed. If consignor submits a reserve post-deadline and the item fails to meet that reserve, we may charge the consignor a higher reserve fee.
This lot is being sold without a consignor reserve. (Note: By law, consignors may still bid under certain conditions, but they are responsible for paying the full Buyer's Premium and Seller's Commission if they do.)
Reserve Not Met:
A reserve has been posted on this lot, but no bids have met the reserve. The current bid has been set to the reserve amount, and the next bid will meet the reserve.
Reserves have been posted for this auction, and there is a reserve on this lot that has already been met.
Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
What's This?The owner of this item has indicated that they would sell this item at the amount, although their acceptance of your offer is required before the item can be purchased.
BP - Buyer's Premium per LotA Buyer's Premium will be added to each successful bid. For this sale: 15% of the successful bid (minimum $9) per lot. Please see #2 in our Terms & Conditions.
Not SoldThis indicates an item that did not sell at auction because it did not receive bids equal to or greater than the reserve (minimum bid) amount set by the consignor, or the opening bid.
Opening Bid:Lots bearing estimates and without Consignor Reserve shall open at Auctioneer's discretion (usually 25% to 60% of the low estimate).
Extended Payment Plan
Available on select items as noted on the item page in the bidding area.
- Minimum invoice total is $2,500.
- You may take up to four (4) months to pay the balance (monthly payments of at least 1/4th of invoice total).
- Minimum down payment is 25% within two weeks of the sale date. All down payments made beyond this 2 week window will require a 35% down payment, and the term will be shortened to 3 months.
- Subject to a refundable 3% set-up fee, which will be paid as part of your 1st monthly installment. This fee will be refundable upon completion of the plan if the following conditions are satisfied:
- There is no penalty for paying off early.
- Non-dealers only
- With pre-approved credit application
- Get pre-approved by filling out a credit application.
- Bid normally and win some lots.
- Heritage will maintain possession of all the lots until paid in full. Therefore, you must notify us of your intent to use our Extended Payment Plan on or before the day of the auction. All pre-shipped material must be returned to Heritage in order for the plan to be in effect.
- When you get your electronic invoice, select "other" from the payment options.
- Send an e-mail to EPPGroup@HA.com indicating the invoice number and your intention to use the Extended Payment Plan.
Note: This offer may not be available on some items.
Terms and Conditions
Extended Payment Plan for Heritage Owned Inventory Items(excludes Virtual Bourse, Comic Market and Virtual Sports Show)
- Minimum invoice total is $2,000.
- You may take up to 6 months to pay the balance (monthly payments of at least 1/6th of invoice total).
- Minimum down payment is 20%.
- Payments (including the down payment) must be made on-time per your specific EPP schedule (there will be a brief grace period).
- Payments must be made using one or a combination of the following payment methods: cash, check, cashier's check, eCheck, money order, bank draft, bank wire or PayPal.
- There is no penalty for paying off early.
- Non-dealers only
SMS Alerts- Receive a text message approximately 35 lots ahead of your item being up for bidding at auction, with a link to bid in Heritage Live in the text message. Haven't registered? Visit MyProfile to sign-up for free by entering your mobile number. The green icon indicates Live Bidding Text Alerts are on for that lot. Live Bidding Text Alerts are only available for lots in live sessions.
Note: The extra increment won't be placed until the item is up for live bidding, so it is possible that you could be outbid by a bid placed prior to live bidding, such as another proxy bid, live proxy bid, mail bid, etc., which could result in your losing the lot by that one increment. For the same reason, it is also possible that a currently losing bid with bid protection placed could potentially win the lot once the lot is subject to live bidding and the Bid Protection increment(s) is placed.
Barber's second version with normal rim and periods was then planned for use in striking circulation pieces. Just before large scale production began, a pair of new models arrived from Saint-Gaudens' estate. According to Barber, these models were satisfactory for circulation use and he recommended they be used in place of his rim-added version. Acting Director Preston apparently became confused about the different versions of the ten dollar coin, and ordered production use of Barber's version, over the objections of Barber and other Philadelphia Mint officials. Thirty-one thousand five hundred pieces were struck in late September and seemed destined for release to banks across the country. Philadelphia Mint Superintendent John Landis thought the results were inferior and that the mint should issue only pieces made from the new models. As an aside, numismatists today clearly disagree with Superintendent Landis as the Rolled Rim ten is listed as # 52 in the Garrett-Guth reference 100 Greatest U.S. Coins. He wrote to Acting Director Preston on September 25, 1907, enclosing two examples of the new 1907 eagle design: one the normal rim/periods version, the other a sample made from the new models from Saint-Gaudens' estate. (These later became the normal circulation coins for 1907.)
"You will notice that the eagle from the last model [from Saint-Gaudens' estate--no periods] is a great improvement over those of the first model [the normal rim/with periods]. The latter are indefinite in detail and outline, not being at all sharp and look like imperfect coins or coins that have been sweated, while the former is sharp in outline, the detail shows up well, the border is broad and prominent and the coins will stack perfectly. ...If this last model meets with your approval, I would strongly urge upon you the expediency of immediately replacing the $315,000 now on hand, of the first model with eagles of the last models ... I think we will be severely criticized, and certainly deserve to be, if the eagles already struck should be allowed to go into circulation."
Assistant Treasury Secretary John Edwards thought the coins were satisfactory and should be released due to the high demand for gold in commerce. (This was near the beginning of the brief, but serious, 1907 Knickerbocker Panic and public demand for gold coin was high along the East Coast). On November 1, Frank Leach, the new Mint Director, finally assumed full control of his office. One of the first things he did was to countermand the Assistant Secretary's order. Having just come from several years as Superintendent of the San Francisco Mint, Leach's experience told him that Landis was right and the coins were not up to standard for sharpness and overall quality. Leach had all of the 31,500 normal rim/periods coins melted except for 50 pieces kept for distribution to museums and public coin collections. A list of purchasers shows the original owners of many of these coins. Some ended up in the hands of museums or famous collectors such as John Work Garrett, William H. Woodin, and Justice Oliver Wendell Holmes. Others found their way to hobbyists now unknown to collectors. The last recorded sale from the mint was on October 19, 1908 to Dr. S. E. Young of Baywood, Virginia. All of these pieces have normal edge stars. All were struck on normal production presses--not a medal press. The master hubs were destroyed in 1910. While it is universally believed that 40 to 45 pieces have survived today, even great rarities like a Rolled Rim ten Indian can be lost or damaged under extraordinary circumstances. Such is the fate of one MS66 specimen that was stolen by a postal carrier last year. That individual was recently convicted and sentenced to three years in prison for his crime. The coin, however, has vanished and it may be years before it surfaces again, if indeed it ever does.
This piece has lovely, thick mint frost over each side. The fields show a few small swirling die polishing marks, like the Wire Rim tens only to a lesser degree. The surfaces are original with reddish-gold and lilac coloration over both obverse and reverse. This is one of the finest Rolled Rim tens known. The two major services have only certified four other pieces in MS67 (two at PCGS and two at NGC), and none are finer (10/06).
From The Kutasi Collection.(Registry values: N1) (NGC ID# 268C, PCGS# 8851)
Service and Handling Description: Coin/Currency (view shipping information)
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.
Order Now! Just $95