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Description

Important 1907 Wire Rim Eagle, MS65

1907 $10 Wire Rim MS65 PCGS. Although the debate over whether the 1907 Wire Rim eagles are patterns or regular issues will probably never cease, all numismatists can agree that these first emissions of Augustus Saint-Gaudens' ten dollar design concept are steeped in historical significance and beauty. And while there are many important facts regarding the 1907 Wire Rim tens, one that hits close to home for numismatists is that this issue may not have existed were it not for President Theodore Roosevelt's empathy for the coin collectors of America. Through his research in the Library of Congress, Roger Burdette uncovered a letter written by President Roosevelt to Secretary of the Treasury George Cortelyou on July 29, 1907, which reads in part: "As for the high relief coins, have several hundred struck and allow the collectors of the country to obtain specimens as you suggested, none to be issued until the new issue is out. They should be preserved as the work of a great American artist." Shortly thereafter 542 pieces were struck--although 70 coins were later melted--and distributed to dignitaries or sold to collectors.
Roosevelt's admiration for the artistic talents of Saint-Gaudens has been publicized extensively and was a crucial factor in his decision to provide Americans with a more beautiful selection of circulating coinage. When polled as to one's opinion of our nation's most attractive coin designs, the top selections typically include the Saint-Gaudens eagle and double eagle issues of 1907. Cornelius Vermeule eloquently summarizes this fact in his Numismatic Art in America: "Both coins seem as modern a century after they were conceived as any issues, American or otherwise, produced in the past generation; and compared with what had been tolerated heretofore in the United States, both burst as skyrockets in the horizons of our academic creativity."
Pleasing red-gold coloration and pristine surfaces join to define this Gem 1907 Wire Rim ten. The strike is average for the issue, which is usually soft, and the characteristic swirling die polish lines accentuate the blazing luster throughout. Population: 43 in 65, 18 finer (5/08).
From The Charleston Collection.
(Registry values: N7079) (NGC ID# 268B, PCGS# 8850)

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Auction Dates
June, 2008
26th-29th
Internet/Mail/Phone Bidders: 14
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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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