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Lot
8846

1907 $10 Wire Rim MS63 NGC....

2005 February Long Beach Signature Sale #366

 
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Auction Ended On: Feb 25, 2005
Item Activity: 13 Internet/mail/phone bidders
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Description:
Select 1907 Wire Rim Ten
1907 $10 Wire Rim MS63 NGC. The name Wire Rim stems from the delicate, knife-like rim that surrounds both sides of these coins. This feature is the result of metal that was forced between the collar and the dies during striking as the coins were not originally designed with a rim. The wire rim on both sides had the potential to interfere with the ejection process, and it also caused stacking problems. After Mint officials determined the Wire Rim ten to be impractical as a regular production coin (because of the wire rim itself), the design was modified by Charles Barber, the result being the very scarce Rolled Edge variety, which eventually evolved into the standard No Periods type. The Wire Rim ten is widely recognized as a pattern, but it is also collected as a part of the regular series, with a status that is analogous to the 1856 Flying Eagle cent. Of the original 500 pieces struck, it is thought that perhaps 50% to 60% still exist today. This is a rich orange-gold example that is sharply defined throughout. The surfaces display the normal brightness that is common to all Wire Rim tens, a result of the very fine die polishing marks in the fields. There are no mentionable contact marks on either side of this lovely coin.
Purchased from Abner Kreisberg Corporation on April 24, 1981 for $15,000.
From The Beverly Hills Collection.(#8850) (Registry values: N4719) (NGC ID# 268B, PCGS# 8850)

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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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